Run Time: 16:15
How California Wildfires Are Reshaping High Net Worth Insurance
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Experts Jason Ott, CAPI, CPRIA and Diane Delaney discuss with Elizabeth Blosfield the profound impact of California's wildfires on high net worth insurance, offering insights into industry challenges, client solutions, and future resilience.
Key Points:
Proactive Client Strategies: Clients should maintain strong relationships with brokers, secure access to their policies, and implement loss mitigation measures, such as property safeguards.
Future Resilience and Adaptation: The insurance industry and governments may drive changes in building codes and materials to create more resilient homes, inspired by lessons from other disaster-prone areas.
#WildfireInsurance #LAfires
