The wealth management industry is experiencing a tectonic shift as fee-based annuities gain traction among financial advisors, driven by the promise of aligning client needs with strategic investment goals. This emerging trend is underscored by DPL Financial Partners' strategic partnership with
Heinrich Grabner, Managing Partner for Asia Pacific at 1291 Group, led a comprehensive discussion during the Hubbis Digital Dialogue on April 3, delving into the increasing interest in Private Placement Life Insurance (PPLI) solutions among high-net-worth (HNW) families throughout Asia. His vast
The paradox within the insurance industry is starkly highlighted by current investments in fossil fuels and their consequent environmental impact. As insurers face significant financial losses due to climate change-related damages, they continue to invest in industries that exacerbate these risks.
Errors and omissions (E&O) insurance has become an essential component for financial advisors and brokerage firms. With the increasing frequency of litigation in the securities industry, E&O insurance provides crucial protection against claims arising from errors in financial services. However, the
Northern California wineries are grappling with the aftermath of devastating wildfires, and the path to rebuilding is fraught with nuanced challenges. As these beloved vineyards assess the damages, one crucial question looms large: Will their insurance provide enough coverage to fully recover? Many
Wealth management firms are gearing up for a significant hiring spree in 2025, buoyed by positive job growth trends in the broader U.S. economy. December saw a remarkable increase in job additions, with nonfarm payrolls expanding by 256,000, surpassing economic forecasts. This surge contributed to
