In-depth - high net worth: The tech transformation?
HNW should be ripe for a technological makeover, but the market may not be ready yet. Martin Friel investigates
As we have seen, the HNW market is in a relative state of flux. A normally steady and reliable area is experiencing capacity reduction, rate increases and an evolving client profile.
All of which could, in theory, open the door for technology and those wielding it to come in and disrupt this most traditional of markets.
Although there are direct offerings in this space, most notably with Direct Line and Hiscox, there does not appear to be any risk of HNW clients making a dash for online
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