Many family offices are in a period of change. New family offices continue to emerge; established family offices are shifting strategies and service models. Macroeconomic factors and the perpetually pending market downturn loom over daily operations. In a volatile environment, management liability insurance, such as Professional Liability (E&O), Directors and Officers Liability (D&O), Crime, and Cyber Liability have more value in perpetuating family legacy than in years past.
In this webinar, we explored:
- How management liability policies align with family office needs
- Policy structure and considerations
- Emerging trends and market forecast
- Benchmarking amongst family office peers
Seth Spreadbury, National Family Office Practice Leader – Marsh & McLennan Agency