Resonance
Asia

Perspective

The external market is moving quickly, and largely without the banks.

By Marc Baloch1 min read

The external market is moving quickly

  1. Major insurance carriers are investing substantially in global private wealth capabilities.

  2. New carriers are entering, or re-entering, the international high-net-worth market.

  3. Private equity is acquiring and consolidating the major insurance brokers.

  4. Brokers are expanding across Hong Kong, Singapore, Dubai, Switzerland, Bermuda and the United States.

  5. UHNW families are increasingly multi-jurisdictional and multi-generational, and the intergenerational transfer of wealth is accelerating.

  6. Insurance is becoming central to liquidity, succession, family governance, asset protection and wealth transfer.

Insurance is becoming central to liquidity, succession, family governance, asset protection and wealth transfer.

Largely without the banks

Every other participant is organising strategically around the private bank's clients. The bank itself is not necessarily doing so.

We help banks and carriers engage directly on product, distribution, bancassurance and the long-term conduct questions that matter.

Leaders who resonate move markets.