Specialist insurer Ecclesiastical has launched a new enhanced Art and Private Client policy to the market. The enhanced high net worth home insurance product is designed to provide comprehensive and flexible cover to meet the evolving needs of high net worth clients’ lifestyles.
The Art and Private Client policy now includes cyber damage, cyber-crime and online liability cover as standard. That will be good news for those HNW clients who want to invest in NFTs. Your investment could be at risk if the ownership of a digital file is compromised in some way.
Ecclesiastical also has optional additional covers including business cover and travel insurance.
Ecclesiastical’s dedicated Art and Private Client team is based in London and Manchester and has seen rapid expansion over the past five years. The team is comprised of art historians, technical underwriters, heritage experts, risk experts and claims specialists.
Sarah Willoughby, Art & Private Client Business Director at Ecclesiastical, said: “Over the last few years we have continued to invest in expanding our dedicated Art and Private Client team and we’re delighted to announce the launch of our enhanced high net worth home insurance product. We’re committed to meeting the evolving needs of our high net worth clients which is why we’ve made a number of enhancements to our policy including adding cyber damage, cyber-crime and online liability cover as standard.”
The new enhanced policy will replace the insurer’s existing product for new business and renewals from 12 September 2022.
For more information visit www.ecclesiastical.com/artandprivateclient