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There is a steady growth in the high net worth market as more and more people become eligible for this insurance. David Fanning investigates what this may mean for the industry.
The high net worth market is expanding steadily, with brokers andinsurers reporting a steady growth in the number of clients interested in
taking appropriate cover for their increasingly valuable property and
other assets.
"There is growth in absolute terms as more people enter the high net worth
category, and because others recognise their financial situation and
brokers exploit opportunities to upgrade clients' cover from standard
policies," says John Hollis, account development manager for
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