Marsh's Family Office Practice — a part of Private Client Services — is a national practice specializing in risk and insurance solutions for families with substantial assets who are members of a privately held family business, single family office, multi-client family office, or private trust company. The Family Office Practice — with offices in seven locations, serves families across the United States. International capability is fulfilled in collaboration with Marsh colleagues around the world..

We provide insurance solutions for more than 100 single family offices with client profiles ranging from the founding wealthmaker to, in some cases, sixth generation. We are also privileged to have represented a significant number of those on the Forbes 400 list of wealthiest people in the United States.

Marsh's Family Risk Management Advantage

• Recognized Specialists. Marsh's Family Office Practice professionals have years of experience serving and innovating solutions for clients who are members of a privately held family business, single family office, multiclient family office, or private trust company. Creating, crafting  and executing on innovative risk solutions for significant families is a hallmark of the family office practice.
• Consultative Approach. We  begin by meeting with the family office to understand their concerns, if any, about the family’s existing personal insurance program, the efficacy of  administrative procedures and the servicing model being delivered versus what is desired  . A confidential, custom-tailored program is designed to address both the needs of the family as well as the family office.  Presented in a written proposal format, this document becomes the roadmap for executing on  our recommendations.
• Professional and Management Liability Expertise. We are well-versed in liability concerns facing family office directors, officers, and trustees and can offer solutions for each client’s specific needs based on our extensive knowledge, experience, and benchmarking of our national client base.
• Due Diligence. Our strong relationships with major property and casualty underwriters and our recognized leadership in family office risk management allow us to negotiate custom coverage enhancements, policy language and pricing among various underwriters
• Technical Expertise. We have dedicated experts in the areas of luxury yachts, private aviation, farm and ranch, and fine art who understand the complexities that the ownership of these types of assets present.
• Stewardship. The highly experienced family office service team ensures that family offices and their clients receive  high-caliber service and an exceptional client experience. This includes day-to-day program management and an annual, or more frequent if necessary, review to ensure the insurance program keeps pace with any changes. We have developed customized reporting for all of our families to tailor how information is managed and presented to them.

Our approach to serving family offices reflects the firm's emphasis on proactive risk evaluation and personal service. We continuously search to enhance, expand, and improve our clients' programs.