Brit launches private client arm

Insurer Brit has launched a new private client offering aimed at the high and ultra-high net worth market.

Brit Private Clients, led by Tara Parchment, Brit Global Specialty’s head of private clients, will offer coverage including homes, rare and valuable possessions, annual travel and cars in one policy.

Parchment joined Brit in November 2018, according to LinkedIn, and has 25 years of insurance experience including 22 years at Chubb where she was previously European head of private clients.

She said: "We’re hugely excited to launch Private Clients for Brit. We want to offer clients and brokers a different choice and have spent time seeking their views on what is important to them, our offering is designed to match their feedback.”

Matthew Wilson, CEO, Brit, added: “Entering the private client market is a significant statement from Brit.”

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