High Net Worth
Continuing a tradition they started in 2018, Aviva Canada has garnered a contingent to participate in this year’s Toronto Pride Parade on June 25. Taking the lead are Aviva’s CEO Jason Storah, and several members of the executive team, including Chief People Officer Danny Davies, and Chief Risk Officer Rahul Gumber who co-sponsor Aviva Pride. […]
By AVIVA Canada | June 20, 2023
3 min read
An overcoat and galoshes keep your body from the raindrops, but it’s the umbrella that keeps you from getting soaked. The same can be said of an umbrella insurance policy. It can keep your high net worth (HNW) clients from getting financially soaked. As with any insured, a HNW client will have separate policies for […]
By Brooke Smith | April 18, 2023
With travel returning to pre-pandemic levels and Canadians starting to feel comfortable among others again, many of your high net worth (HNW) clients will be jet-setting once again. While an umbrella insurance policy will cover your client while they’re travelling internationally, you’ll want to ensure they schedule the items they’re bringing along. “It’s a good […]
2 min read
At a November Sotheby’s auction, a well-known U.S. CEO paid US$43.2 million for a first-edition printed copy of the U.S. Constitution. It’s the the kind of purchase that prompts savvy clients to speak with an insurance broker about specialty coverage. This is just one example of the kinds of expensive items high net worth (HNW) […]
By Phil Porado | December 9, 2021
Privacy is an essential part of insurance and for high net worth (HNW) clients, it’s even more important to be discreet — particularly if they have insurance claims. “For a HNW client, [any kind of loss] resulting in a claim can be stressful or an inconvenience,” said Gisèle Kupsh, National Ovation Claims Leader with Aviva Insurance. […]
By Phil Porado | November 23, 2021
The number of high net worth (HNW) households in Canada will reach 1.3 million over the next 10 years, according to projections by Investor Economics. For brokers, that means many more household contents limits. A contents limit provides the broadest coverage for all items in a person’s home, but there are sublimits (secondary limits) within […]
By Phil Porado | November 12, 2021
If you serve High Net Worth (HNW) clients, you don’t need to be told that serving this segment often requires a velvet touch. They are often aware of the value of their business and expect priority concierge type service. Here are three ways to make sure you’re fulfilling their expectations and building a long-lasting relationship. […]
By AVIVA Canada | November 3, 2021
With many people still working from home, one marine underwriter has seen the pleasurecraft line of business “take off.” But that doesn’t mean it’s smooth sailing for marine underwriting. It can still be difficult finding capacity for small- or mid-sized commercial risks, said MaryKate Townsend, manager and senior underwriter at Pacific Marine Underwriting Managers (PMU). […]
By Jason Contant | July 27, 2021
A couple who discovered a leaking bathtub after moving into their new home cannot get compensation from the sellers. A “reasonable inspection” would have revealed a water problem before Tyler and Keva Luscombe bought their home in 2020, the British Columbia Civil Resolution Tribunal ruled in Luscombe v. Harris, a decision in a $3,800 small claim […]
By Greg Meckbach | July 21, 2021
With more of your clients staying home during the pandemic, more are renovating their homes. And that means your clients need to make sure that they have the right insurance coverage in place, and that the renovations are properly reflected in their total insurance coverage, a Travelers Canada executive said Friday. Depending on the renovation […]
By Jason Contant | June 29, 2021
4 min read
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
