RF Ougheltree Insurance

Family Office/Wealth Management

This policy addresses the risk of being sued for professional negligence, mismanagement of funds or employment discrimination for individuals who are employed by family offices.

Those working for family offices handle everything from investment management, to bookkeeping services and administration, to public relations consulting for the family, and are at risk of being sued for professional negligence, mismanagement of funds or employment discrimination.

Without proper insurance in place, family office professionals could find their personal assets at stake when claims arise or, given the risk of liability, shy away from accepting positions with family offices.

It can be underwritten for both single and multi-family offices.

Eligible Accounts:

No restrictions. Coverage is developed for risks that are experiencing a range of situations.

  • Insurance Company cancellations or non renewals due to unfavorable claims experience.
  • Organizations facing financial distress including reorganization
  • Start ups
  • Restructurings
  • Other special situations


Negotiating the correct coverage for the desired level of protection can be involved and require various carriers and policy forms. 

As a D&O specialist, Hull & Company, Inc. (RFO) develops a variety of protection options for family office/wealth management firms. We welcome you to contact a staff broker to discuss a particular risk.

  • Admitted and non-admitted insurance companies
  • Traditional Primary and Excess coverage
  • Side A Excess Difference-In-Conditions coverage for preserving personal liability coverage when the company:
    • fails or refuses to indemnify a director or officer.
    • is sued along with the directors and officers, and the D&O policy limits are eroded or consumed by the policy's entity coverage.
    • is financially unable to indemnify its directors and officers against claims made against them.
    • is prevented by law (domestic or international) from indemnifying its directors and officers for the particular claim at issue.
  • Limits vary by account. High limits available for large risks.


New Business Application

(includes Directors and Officers Liability, Employment Practices Liability, Fiduciary Liability, Professional Liability)

Other Coverages:

All or most other coverages that comprise the Hull & Company, Inc. (RFO) practice are appropriate. Contact a staff broker to discuss a particular account.

All insurance product and/or coverage descriptions are informational only. It is neither an offer to sell nor a solicitation to purchase any particular insurance product. Coverage may not be available in all jurisdictions.