Munich Re has put its high-net worth managing general agent, GrovesJohnWestrup Private Clients. “A recent strategic review of our businesses led to the difficult decision that GrovesJohnWestrup Private Clients closed for business on 2 October 2024,” according to a Munich …
UK Insurer Aviva has agreed to sign a binding agreement with the specialist managing general agent Azur Underwriting Ltd., to acquire its high-net-worth personal lines business in the UK and Ireland. Financial details of the transaction, which will be funded …
Howden, the London-based international insurance broker, announced the signing of the acquisition of SPF Private Clients (SPF), subject to regulatory approval. Financial details of the deal were not disclosed. SPF was formed in 2011 after a management buyout and rebrand …
Groves, John & Westrup Ltd. has been a coverholder for Munich Re’s Lloyd’s syndicate for decades, writing marine, pleasure boat and private yacht insurance. This year, the company branched out into the high net worth (HNW) sector, trading under the …
Brit Ltd., the London-based specialty insurer and reinsurer, has launched a private client offering. Brit Private Client will provide brokers operating in the high and ultra-high net worth market, and their clients, with a bespoke approach. It will offer clients …
Kelly Klee, Inc., a digital insurance broker in the high net worth space, has released a customizable online coverage plan for private client insurance. The new Kelly Klee online coverage plan allows consumers to see quotes for all their assets, …
Ironshore Inc. has established a dedicated Private Client Group to introduce its new insurance plan, the Ironshore Private Insurance Portfolio. Ironshore’s personal lines policy will be available for high net worth homeowners with properties valued in excess of $1 million. …
The DUAL Group, the MGA and Lloyd’s of London’s international coverholder, has announced the launch of DUAL Private Clients, which will marry their recent acquisition of the Private Clients underwriting business of Aqua and Aurum with their own global distribution …
