Morgan Stanley has teamed up with insurance brokers HUB International, Marsh Private Client Services and Willis Towers Watson to offer property and casualty insurance to high net worth clients.
Under the new agreement, HUB International, Marsh Private Client Services, and Willis Towers Watson will offer Morgan Stanley’s clients risk assessment and mitigation services and solutions.
In the personal lines space, clients will now have access to covers including: inland marine (ie. fine art, jewellery), watercrafts, excess liability, aviation, flood and cyber security.
Commercial lines cover includes general and professional liability, aviation, crime and excess liability.
Joseph Toledano, head of insured solutions, Morgan Stanley Wealth Management Investment Solutions, said: “Our clients place a high priority on asset protection and by working with these industry-leading insurance brokers, Morgan Stanley can address their need for a comprehensive insurance strategy as part of their overall relationship.”
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