Morgan Stanley insurance offerings move into P&C protection – Live Insurance News

6August 2020

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The firm’s partner brokers will be offering wealthy clients these brand-new protection products. Morgan Stanley insurance items now include a variety of P&C items developed for high net worth clients and their families. The brokerage has partnered with Marsh Private Customers Solutions, CENTER International, and Willis Towers Watson to add to its offered products. Support for the brokerage’s insurance coverage clientswill be provided through “devoted service teams. “According to Barron’s,”devoted service groups”will provide Morgan Stanley insurance coverage clients with service. Clients will also be able to gain from a streamlined claim processing technique for a smoother and easier experience when a filing need to be made.

As a part of the contract, the company’s partner brokers will offer their clients constant policy reviews. This makes it possible for the customers to assess their own requirements for P&C insurance coverage. Moreover, they will also supply customers with signals on prospective or developing emergency circumstances such as wildfires or hurricanes. This will provide those customers with the opportunity to examine the requirement for extra protection.

The customers will also have access to a personal and business insurance coverage line suite. This will include personal lines such as watercrafts, inland marine, flood, air travel, cybersecurity, and basic and professional liability coverage. On the business side it will include aviation, inland marine, basic and expert liability, criminal activity and umbrella/excess liability protection. The Morgan Stanley insurance offerings are suggested to assist clients easily steer with progressing coverage requirements.

“Our clients position a high top priority on asset protection and by working with these industry-leading insurance brokers, Morgan Stanley can address their need for a comprehensive insurance method as part of their total relationship,” said a declaration from Joseph Toledano, Morgan Stanley head of insured solutions.

The new protection products will be used together with those currently offered through the brokerage. This might be the firm’s very first venture into P&C, but they currently offer customers life, long term care and special needs insurance coverage products. All the Morgan Stanley insurance product offerings are offered through its Wealth Management Investment Solutions Insured Solutions business. The brokerage is a Morgan Stanley insurance - hand holding bubble with house inside

Morgan Stanley insurance - hand holding bubble with house inside

leading worldwide monetary services firm providing investment management, investment banking, securities, and wealth management services.Source:

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