Protecting Business Interests.

Family offices face risk as a part of their everyday business and could be held legally accountable for services provided to their clients. As much as the family has established a trusting relationship with its advisors—family office directors, officers or other professionals may find themselves defending management liability claims, including breach of fiduciary duty, conflict of interest or professional malpractice.

Unlike other companies, which have tried to insure family offices by retrofitting policies designed for other industries, Chubb offers an innovative package of liability coverage, the Family Office Management Pak^SM, designed specifically for family office professionals.

Commercial insurance

In addition to professional liability coverage for family office managers and directors, Chubb offers general commercial insurance to help protect family office businesses. These coverages include:

• Commercial property and liability
  
  
• Commercial auto
  
  
• Excess/umbrella liability
  
  
• Workers compensation
  
  
• Crime