Financial decisions
that lead to growth

Private Client transfer team creates niche in high net worth segment

Insurance carriers and agencies increasingly see value in policy transfers. A transfer allows an agency or insurance carrier to move blocks of policies that may not be core to their business strategy to another firm, helping them concentrate on their core business.

Nationwide Private Client has carved out a niche in this space, acquiring transfers in the unique high net worth segment. By creating a dedicated team of centralized associates who have affluent personal lines transfer experience and can quickly and efficiently turn around quotes, our team issued more than $1.5 million in transfer business in 2021 and has $14 million in committed transfers in the pipeline.

Policy transfers can truly be a win for everyone. A transfer allows the policyholder to continue receiving uninterrupted coverage, while providing other carriers and agencies with a solution that helps them redirect their resources to more closely align with their business strategy. Transfers also provide incremental growth for Nationwide without the additional costs of an acquisition.