Family Office Benchmarking Report

The rapid growth of family assets and the drive to preserve wealth for future generations has led to a proliferation of family offices across the country. In fact, the number of family offices has more than doubled over the last 15 years. Yet, despite their growing popularity, there is a scarcity of insurance data detailing the unique risk trends impacting multigenerational families.

The inaugural Family Office Benchmarking Report offers insight into family office risk management strategies and trends impacting this segment, gathering information from 130 family offices in APRM’s network.

In this paper, we explore:

• All facets of the risk landscape prominent families must navigate
• General trends – from liability issues to international exposures, including kidnap, ransom and extortion
• Persisting challenges and risks, including cyber coverage penetration to the growing risks for non-profit directors and officers
• Risk management strategies and recommendations from APRM’s family office experts.