Preserving a Legacy Across Diverse High-Value Assets

Wealth preservation for ultra-high-net-worth individuals requires a level of discretion and precision that standard retail insurance cannot provide. Our client, a prominent figure in global industry, held a diverse collection of assets including Grade-II listed London residences, an extensive fine art collection, and a fleet of specialty vehicles.

The challenge lay in the fragmented nature of their existing coverage. Multiple policies with varying renewal dates and inconsistent liability limits left significant gaps in protection, particularly regarding fine art transit and worldwide personal liability.

The Client's Objective

The principal required a unified, consolidated insurance framework that offered "all-risks" protection across their entire global lifestyle. Key requirements included agreed-value coverage for art and jewelry, bespoke building insurance for historical properties, and a comprehensive personal umbrella liability limit of £25 million to protect against complex legal risks.

Our Strategic Solution

JLT Insurance Group Holdings Limited’s Private Client division conducted a full forensic audit of the client's assets. We designed a bespoke "Family Office" insurance program that consolidated all risks under a single master policy. This included specialized "Worldwide Cover" for physical assets and a tailored liability wrap. By placing the business with leading specialist underwriters in the London market, we not only improved the breadth of coverage—adding protection for "new acquisitions" and "pairs and sets"—but also reduced the overall premium spend by 15% through strategic risk bundling.