Lockton, the world's largest privately-owned insurance broker, has today released its very first Luxury Assets Report, bringing together its market-leading expertise in risk management and mitigation. The report, produced by Lockton Private Clients, provides a series of insights across a broad spectrum of luxury assets.
The inaugural report comes at a critical time. In the UK, interest rates have risen to a 15-year high, in what are difficult and uncertain times for many. Recent liquidity crises in the US and Europe have raised concerns of a wider contagion, whilst the global economy still grapples with ongoing effects of the COVID-19 pandemic.
Throughout the articles, Lockton has paired its analysis with a hand-picked selection of relevant risk data and tailored recommendations for owners across a range of assets, including motor vehicles, watches, yachts, fine art and handbags.
EJ Hentenaar, CEO of Lockton Europe, said: “We are thrilled to launch our very first Luxury Assets Report, equipping you with an essential guide to an ever-evolving risk landscape. The report features insights from our market-leading risk experts, coupled with the latest data, to keep you ahead of the curve. From watches and handbags to crypto and wearable art, this is mandatory reading for all owners and investors of luxury assets.”
Lockton Private Clients provide protection for assets and portfolios that merit a depth of understanding and experience. Each policy is designed from scratch, with strategic and comprehensive solutions to manage the complexity of risk. Lockton Private Clients are experts in homes, motor vehicles, collections, lifestyle, family office, yachts and estates.
Rachel Gilliam, Partner, Head of Private Clients
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