Hub names new leader of the high net worth practice

Hub names new leader of the high net worth practice | Insurance Business America

Hub names new leader of the high net worth practice

Global brokerage Hub International Limited has named Katherine Frattarola as the new executive vice president of its private client, high net worth practice.

Hub’s private client, high net worth practice has more than 800 advisors and support staff providing consultation on insurance and risk management to more than 60,000 clients worldwide.

As the vice president, Frattarola will leverage Hub’s footprint combined to build customized solutions that enhance the client experience and accelerate carrier marketing capabilities. She will also focus on scaling the practice’s client-centric focus, supported by investments in products, services, client experience, marketing, data and technology.

Frattarola is a seasoned financial services executive with two decades of experience, having previously worked at Morgan Stanley Wealth Management and Citi Global Wealth Management. Most recently, she served as the chief marketing officer for PURE, a member-owned insurance company focused on the high-net-worth property and casualty market.

Marc Cohen, president and chief executive officer of Hub, said clients who have an appetite for high-risk assets such as cryptocurrencies and a portfolio of CAT-exposed real estate could turn to Frattarola for the much-needed guidance.

“As affluent, successful individuals’ investments and personal interests shift, the complexity of their risk exposure and appetitive for risk similarly shifts, and they need to turn to trusted advisors to help them protect their overall wealth management strategy now more than ever,” Cohen said. “Katherine brings decades of specialized expertise which will be critical to the service we provide to our private clients and the execution of the practice’s overall growth strategy.”

“Our clients are smart and accomplished and are looking for insurance advisor to support them in a world that is increasingly complex and rapidly changing. They want a team who they can trust and turn to for advice,” Cohen added. “That makes it mission critical for us to provide a high-touch service experience, bolstered by capabilities and resources that are augmented by technology, to expand the entire breadth of their financial needs and allow them to be serviced when, where and how it makes sense for them and their family.”