Lampe-Batkin Associates Blog Wealthy clients failed by direct carriers’ one-size-fits-all approach

Wealth accumulation in the US is booming. The number of registered millionaires is on the rise, creating huge opportunities in the high net worth insurance space.But while high net worth individuals enjoy the fruits of their coin, many are inadequately covered when an incident occurs. In fact, a shocking 70% of high net worth individuals do not have suitable insurance coverage in place, according to Heather Posner, associate vice president and director of high net worth at Burns & Wilcox.Why is