News

HNW clients more concerned about crime since cost of living crisis – Ecclesiastical

By 2023-03-22T13:10:00

Crime security

‘Brokers play an important role in helping high net worth clients understand the risks they are facing,’ says art and private client business director

New research from specialist insurer Ecclesiastical’s has revealed that half of high net worth (HNW) clients believe they would benefit from more crime and security guidance from their insurer or insurance broker – presenting an opportunity for brokers.

The rise of inflation and cost of living has led to an increase in crimes such as theft, trespassing, home intrusions and criminal damage, said the insurer.

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