As many wealthy Americans have largely managed to stay solvent as the recession continues, the need for Private Client services is greater than ever.
And since catering to the high net worth insurance segment is a highly specialized pursuit, Richard Kerr—CEO of electronic insurance exchange MarketScout in Dallas—created a networking organization to bring together professionals who operate in this arena.
The Council for Insuring Private Clients (CIPC), launched late last year, was created to provide agents, brokers and carriers in the HNW insurance space a place to network and grow along with this market, Kerr says. The group held its inaugural conference in April.
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