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High Net Worth
News
Police operation at Heathrow targets luxury watch fraud
’Luxury watch insurance fraud contributes to higher premiums and has serious consequences for buyers,’ says detective chief inspector
Sponsored Content
Video: A fireside chat with Hiscox’s Nicola Holmes (Part 2/2)
Sponsored content: Editor Katie Scott sat down with Hiscox’s head of broker for its art and private client team Nicola Holmes
News Analysis
In Focus: How can HNW insurance policies help manage risks related to high value or risky hobbies?
High net worth clientele often enjoy an array of hobbies that the average man on the street may not be able to afford – but how can individuals ensure they have appropriate cover to protect against pitfalls of a very particular hobby niche?
News Analysis
In Focus: A gap in the HNW market for reputational cover?
As the reputational risks for high profile individuals increase, is the HNW insurance sector missing a trick?
News
Broadway Insurance Brokers branches out with new Liverpool office
’Whilst many other brokers have chosen not to retain a presence in the Mersey region, preferring to service clients from elsewhere, that simply isn’t part of the style which has brought us success so far,’ says chief executive
Sponsored Content
Video: A fireside chat with Hiscox’s Nicola Holmes (Part 1/2)
Sponsored content: Editor Katie Scott sat down with Hiscox’s head of broker for its art and private client team Nicola Holmes
IT Interview
Jon Dye: Hiscox is third of way through ‘strategy for profitable growth’
UK chief executive flags ‘really good energy’ at the specialist insurer as it targets retail growth ‘between 5% and 15% at the right level of profit’ over four-year strategy duration
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Q&A: Hiscox on its big commitment to HNW lines
Sponsored Content: Nicola Holmes, head of broker art and private client underwriting at Hiscox, talks through the specialist insurer’s commitment to and developments in the HNW market
IT Interview
Jo Musselle: Hiscox targets ‘new distribution deals’ with brokers as part of ‘omnichannel’ strategy
Market-wide appetite ‘to trade more in a digital way’ sees insurer commit to roll out high net worth proposition on eTrade extranet by year-end, says chief underwriting officer
News
Jaguar Land Rover may have improved security, so which vehicles are criminals targeting now?
’We’re always looking for the next risk to make sure that we’re [setting premiums] at the right price,’ says chief executive
IT Interview
Sarah Willoughby: Ecclesiastical ‘on track’ to achieve art and private client growth target
An important driver in delivering consistent year-on-year gross written premium growth is providing quality service and education opportunities for brokers, says art and private client business director
News
Broadway Insurance Brokers is ‘flying’ following new strategy launch
’We are looking to progressively shift marketplace dynamics,’ says chief executive
News
Plea issued to brokers as underinsurance becomes ‘increasing problem’
In the HNW sector, more clients reduced their insurance cover during the past year, figures show
IT Interview
Ann Owen: Aviva Private Clients ‘focused on claims service’ in high net worth sector
’We are staffed up because it’s not an option to not pick up the phone,’ says managing director
News Analysis
Consolidation leads to capacity squeeze in HNW market
M&A of high net worth focused businesses has created ‘one of the hardest markets’ for placing these specialist risks, says broker managing director
News
New embedded insurance platform launches
’Our platform offers fresh thinking, relevance, convenience and security,’ says non-executive director
News
Backchat: Bard of Salford pens peculiar claims inspired poetry
’Insurance may seem like a mundane realm, but as the poems show, it’s a rich tapestry of human chaos, from tragedy to comedy and beyond,’ says poet
News
Zurich to evolve propositions to boost growth in 2024
’We are looking to make sure that we continue to grow,’ says chief executive
News
Insurance warning issued as value of lab grown diamonds plummet
’This is a challenge for the insurance industry,’ says head of bespoke insurance
News
Fraudulent activity surrounding luxury watch claims ‘as high as 50%’
’Common scenarios include fictitious losses or a watch being used to make multiple claims with different insurers,’ says managing director
The Insurance Times Five Star Rating Report is the first at-a-glance guide to insurer experience, created for brokers by brokers.
The ratings distil the key findings of the well-established Broker Service Survey into an indispensable tool to help brokers select the right insurer for their clients. Insurers are rated on the experience they offer to brokers using an easy to understand Five Star system, with the best insurers in the market receiving a coveted Five Star rating.
View the 2023 Personal Lines Report
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