MSG focuses exclusively on successful individuals and families so policyholders get specialized solutions that complement even the most robust wealth management plans.
Once an individual reaches a level of affluence to need the services of a Single Family Office (SFO) or a Multi-Family Office (MFO) their insurance needs can become different than other High Net Worth Individuals.
An example of the unique coverage solutions for Family offices and their clients is the implementation of a Group Personal Excess Liability Policy. MSG has access to the industry's highest personal excess liability limits up to $100 million. When needed, even higher limits may be available.
MSG's insurance carrier relationships can also provide customized solutions to reduce the likelihood that an individual will be targeted in a kidnapping or extortion scheme. And, if needed, high coverage limits to assist with the costs a kidnapping can entail.
We have all the solutions to addresses the needs of a family office's clients, and the family office itself. Customized coverage can encompass virtually any of the professionals that serve a particular family office - from financial and investment advisors, to human resources consultants, to tax preparers, to public relations consultants and more.
Sample Coverage for MFOs, SFOs and their clients are:
- Errors and Omissions
- Professional Liability
- Directors and officers Liability
- Employment Practices Liability
- Group Excess Liability
- Complimentary Back ground checks on Domestic Employees
- Kidnap & Ransom
- Travel Insurance Protection