The changing nature of their profile could leave high-net-worth individuals exposed to significant risks. Fortunately, there are steps they can take to protect themselves.
Sharing services like Uber, Lyft and Airbnb are creating new opportunities for enterprising individuals, while creating some coverage exposures for customers and policyholders alike.
With annual costs of operating a 180-foot vessel as high as $4.75 million ultra-high-net-worth individuals are turning to charters. What does this mean for their insurance considerations?
Can driving risks be reduced by conditioning policyholders to operate their vehicles more skillfully while also teaching drivers better lifestyle habits?