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US insurer makes senior HNW appointment 17/07/2015
ACE Group has appointed Jim Fults as senior vice president and head of product management and analytics at ACE Private Risk Services, its high net worth personal insurance business.

Insurance firm buys rival to boost services to US wealthy individuals 06/07/2015
ACE, a global insurance firm with executive offices in Zurich, Bermuda and New York, is to acquire Chubb.

The week on eprivateclient 16/02/2015
A look back at the stories featured in eprivateclient last week

Lombard International Assurance confirms former senior HSBC Private Bank executive as CEO 03/06/2014
Lombard International Assurance has appointed Claude Marx as its chief executive.

Lombard credits private banking relationships for growth in 2012 27/03/2013
Lombard, a specialist provider of unit-linked life assurance, offering wealth planning solutions to high and ultra-high net worth individuals, has reported underlying IFRS operating profit rose 8 percent on 2011 levels, excluding non-recurring items.

Wealthy overpay and underinsured, says survey 13/03/2013
Most wealthy individuals and families who insure their assets with carriers geared primarily for the average US household overpay for coverage that leaves their wealth unnecessarily exposed to the risk of severe financial loss, according to an ACE survey of independent insurance agents.

New UK insurance firm focused on wealthy launches 11/02/2013
Dorset-based firm from Castle Cover founder Andrew Marchington to target mid to high net worth and non-standard homeowners.

Barclays sets out its new pricing structure for advisory clients post-RDR 16/11/2012
Barclays is to charge an annual fee of 0.75 percent for advice and custody on the first 1m of assets for clients using its advisory investment service post-RDR, it has announced to clients.

Weatherbys teams up with insurance entrepreneur to launch HNW broker 21/09/2012
Weatherbys has partnered with insurance entrepreneur Charles Hamilton to launch Weatherbys Hamilton. The new firm will act as a specialist intermediary, providing bloodstock and high net worth (HNW) private client insurance.

Product differentiation gives intermediaries the edge in HNW home insurance market, says Defaqto 23/08/2012
Growing competition in the high net worth (HNW) home insurance market is eroding the dominance of intermediaries in this sector but if intermediaries continue to focus on their main strengths of providing personal and professional advice which meets the bespoke needs of their clients, they will continue to thrive in this area, claims independent financial research company Defaqto.

 
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