Family Office
We offer specialized solutions for highly successful individuals and families that may face risks related to their assets and the management of those assets.
Family Office Protection
Directors and Officers Liability – Not for Profit boards
Employment Practices Liability
Workers’ Compensation for Domestic Employees
Kidnap and Ransom/International Travel Assistance
The business of managing family office assets is becoming more complex than ever. Baty Worldwide has Family Office Specialists addressing the broad range of exposures and serving the widely varied structures and dynamics of large families. BWW has access to a vast array of global resources that enable us to meet the needs of clients globally and at home. Data, powerful analytics, and customized program and service design, coupled with our broad, global reach give our clients a distinct advantage.
Superior Client Service – We create a sophisticated service model based on the needs of each family and family office staff member. Each family client receives a dedicated Client Advisor to serve as the main point of contact. Families and family office managers may benefit from an enhanced service team that could include supporting colleagues in claims and endorsement processing, as well as a senior relationship manager, technical advisor, and/or contract review specialist.
Expert Counsel – We deliver a customized personal insurance program built from the knowledge of industry experts. We address the diverse exposures of each family member while considering holdings and levels of risk tolerance.
Industry Strength – We foster successful, long‐term relationships with the top insurance companies in the high-net-worth space using the strength of our services and teams. Placing broad risks with competitive rates we deliver outstanding programs that carry optimal terms and a variety of options. All for our clients.
Tailored Protection – Replace Program Advantages with Tailored Protection. We will develop a custom, personal insurance program that will protect family offices from their most critical professional and management liability exposures, including:
Professional Liability/Errors and Omissions Liability
Trustee Liability
Directors and Officers Liability
Employment Practices Liability Fiduciary Liability
Private Fund Liability
Specialized Expertise – We has direct access specialists in the areas of luxury yachts, fine art, private aviation, directors and officers exposures, as well as resources to address commercial insurance needs.
Claims Advocacy – We provide client advocacy and support throughout the claims process while working with insurers on behalf of our clients to obtain a fair and prompt settlement.
To learn more about our family office risk management services, contact a BWW Personal Risk Advisor.