Hidden Gaps: The Underinsurance Crisis in High Net Worth Portfolios
Session
2025-11-20 | 11:15 AM - 12:00 PM
Information
While asset values have surged from rebuild costs and rare watches to digital collectables insurance cover often hasn’t kept pace. Many HNW clients are significantly underinsured and unaware, with outdated valuations, generic policies, or self-insurance assumptions leaving major gaps. This session brings together brokers, valuers, and underwriters to examine the systemic issues behind underinsurance and how the market must respond. From better revaluation practices to smarter product design, it explores how the sector can close the gap between real-world value and insurance response.
- Why underinsurance is rising despite greater wealth and more complex portfolios
- The role of valuations, inflation, and rebuild costs in driving coverage gaps
- What brokers can do to encourage regular reviews without triggering disengagement
- How to deal with hard-to-value assets: modern art, watches, retro collectables, digital items
- Whether self-insurance is a strategy or a blind spot among ultra-wealthy clients