Brokers demanding better service for HNW clients

Brokers servicing high-net-worth (HNW) customers have demanded better service from insurers as well as a wider range of cover, according to research by AIG UK.

The insurer found that despite the recession, the HNW sector has remained buoyant with predictions that the number of UK millionaires will rise to nearly two million in the next 10 years. It also found that there have continued to be increases in the value of some fine art, jewellery, especially large single-stone diamonds, and wine collection has been considerably active.

Other factors in brokers' demands related to concerns about rising recession-related crime triggered by the recession and a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: