8 July 2026
The private client insurance market is evolving rapidly, shaped by changing sources of wealth, shifting lifestyles and emerging risk trends.
In an article for Insurance Times, Jon Bethell, Head of Private Clients at Verlingue UK, examines the key developments redefining the private client landscape and what they mean for insurers, brokers and high-net-worth individuals.
Changing lifestyles, changing risks
Changing patterns of wealth, ownership and crime are redefining what private client insurance looks like today.
Key trends shaping the market include:
More wealth being generated rather than inherited
Greater demand for personalised insurance solutions
Growing investment in jewellery and other luxury assets
Changing theft patterns affecting private residences
Increasingly complex and individual risk profiles
Together, these trends reinforce the need for insurance arrangements that are regularly reviewed and tailored to an individual's changing lifestyle, assets and risk exposure.
The broker's role is changing too
Jon also argues that the modern broker's role extends far beyond acting as an intermediary between client and insurer. Today's broker must take the time to truly understand the client, their lifestyle and the risks they face, providing advice that is based on knowledge, trust and long-term relationships.
Rather than focusing solely on price, the emphasis is increasingly on service, expertise and advocacy. As client expectations continue to evolve, brokers who genuinely understand their clients' needs are best placed to deliver meaningful protection and long-term value.
Read the Full Insurance Times Article
Jon Bethell
Head of Private Clients
jon.bethell@verlingue.com