High net worth (HNW)
Blog: The perfect Valentine's gift
With tomorrow representing one of the only days of the year when it's acceptable to request diamonds as a gift, XL's Graham Hawkins looks at how this market has grown - and how insurers fit into it all.
Howden strikes HNW deal with De Vere Group
Independent financial advisory firm De Vere Group has teamed up with Hyperion subsidiary Howden in a deal that will see the broking business offer high net worth coverage to DeVere’s global clients.
Stackhouse Poland completes MBO, as Hester exits
Stackhouse Poland Holdings has completed a management buy-out by current equity holders, Jeremy Cary and James Agnew, together with recently appointed CEO Tim Johnson.
Band H inclusion deemed ‘common sense' by HNW insurers
The government decision to include high tax band properties in Flood Re is a step towards making the scheme more inclusive, high net worth insurers have claimed.
XL launches exhibition financial loss product in UK
XL Group has launched its product for financial losses resulting from cancelled or abandoned fine art exhibitions in the UK.
C-Suite: Insurer: All that glitters is not gold
Brokers should not lose sight of what they do best in search of a ‘bigger piece of the pie’
Blog: Top 5 TV insurance claims
How much would the insurance claim for the Downton Abbey fire have been? Would JR Ewing's demand following the destruction of Southfork have resulted in a $40,000 monthly hotel bill? Crawford & Company's UK Major Loss team calculates the cost of these…
High Net Worth: Getting what you pay for?
Premiums in the high-net-worth space are huge compared with an ordinary household policy, but what can brokers do to assure their clients are paying the right price?
Share and share alike?
With the 'sharing economy', a form of peer-to-peer lending, gaining traction in the US, what would be the impact on UK insurers if the same occurred here?
Fine Art: A change of art
As the global fine art market shows signs of a renaissance, how is the industry responding to the evolving insurance needs of this high-value but high-risk sector?
Video: Claims edition – Jewellery Claims
Claims are often labelled the ‘shop window’ for the insurance industry and although all claims are important, they are rarely more emotive than when very personal items such as jewellery and family heirlooms are lost, stolen or damaged.
19 staff impacted as Towergate shifts Leeds HNW business to Surrey
Towergate is shifting high net worth business carried out by Premier Home Solutions in Leeds to Surrey with up to 19 staff expected to be affected by the move.
Markham swoops for former Oak MD as chairman
High net worth broker Markham Private Clients has swooped for former Oak Underwriting managing director Bob Trott, recruiting him to serve as its new chairman.
Legal update - Alan Bate v Aviva: Court of Appeal dismisses property case after failure to disclose business risk
Mark Aitken examines a case where a high net worth individual failed to give a fair presentation of risk.
ABI joins calls for Flood Re U-turn on band H homes
The Association of British Insurers is writing to Environment Secretary Owen Paterson in a bid to facilitate the inclusion of council tax band H properties within Flood Re.
Low end HNW homeowners hit with steepest premium increases
The lower end of the high net worth market was hit with the biggest percentage increases in 2013 according to private client broker Castleacre’s high net worth property index.
AIG promotes Cloughley to bolster UK private client group
AIG has boosted its UK private client group with the appointment of Patrick Cloughley as senior business development manager.
Former Cunningham adjuster launches HNW business
A former senior adjuster at Cunningham Lindsey is to unveil a new high net worth adjusting and surveying business later this month.
High-net-worth insurers fight Flood Re exclusion of highest council tax bands
Properties in band H will not be covered but insurers still have to pay levy
High net worth: Staying on top
With an increasing number of direct players entering the high net worth arena, how can brokers stand out from the crowd and retain their traditional position as leaders of the market?
Allianz grows UK GWP by 1.8% in Q3
Allianz’s UK business reported a 1.8% increase in gross written premiums to £1 459.7m in the third quarter of 2013.
Ex-Lorega CEO Sims resurfaces at AIG
AIG has appointed former Lorega chief executive John Sims to the role of UK head of its high net worth arm Private Client Group.
First Complete appoints Smith Greenfield to GI panel
First Complete has appointed broker Smith Greenfield to its general insurance panel to provide high net worth cover.