Demand for specialized coverage
Industry research shows the global market for insurance tailored to high-net-worth individuals continues to expand. Valued at about $106.6 billion in 2024, forecasts predict the HNW insurance market will grow steadily through the end of the decade as affluent households seek bespoke protection for property, luxury assets, and complex liability exposures. Custom coverage for fine art, high-value homes, cyber threats, and luxury vehicles increasingly drives demand as traditional policies fail to meet sophisticated needs. North America accounts for 38% and 42% of this market, with tailored advisory-led solutions gaining traction.
