The HNW Insurance Summit 2024 in Dubai is poised to address the complex and dynamic nature of the Insurance industry, particularly within the HNW segment. As we delve into the myriad of policy structures available globally and their applications within the UAE and Middle Eastern markets, this summit stands as a pivotal platform for learning, discussion, and strategic insights.

The event is relevant for all types of private wealth advisers – including Private Banks,  Multi-Family Offices (MFOs), Single-Family Offices (SFOs), and External Asset Managers (EAMs), and professionals who provide advice to HNW and UHNW families, like lawyers and tax advisers.

The HNW Insurance Summit - Dubai 2024 is more than just an event; it's a critical confluence of ideas, strategies, and opportunities designed to empower private wealth managers and advisors to navigate the complex world of HNW Life insurance with confidence and foresight

Why Attend?

Diverse Life Insurance Solutions: Gain clarity on the entire spectrum of life insurance options available, including Whole Life, Term Life, Universal Life, and more specialized structures like PPLI.
Expert Guidance: Benefit from the expertise of seasoned professionals who will share their insights, experiences, and advice on navigating the HNW life insurance landscape.
Critical Discussions: Engage in vital conversations about the role of life insurance in estate and legacy planning, and the importance of solution-oriented approaches over product sales.
Strategic Networking: Connect with a diverse group of industry leaders, experts, and peers, fostering opportunities for collaboration and innovation.

Panel discussions, presentations and workshops on these topics:

  • UAE - An Evolving and Robust option for UHNW families to grow and protect their wealth
  • Introduction to Knighthead Annuity
  • What are the HNW Life Insurance Options?
  • The Evolution of Life Insurance Solutions as a Wealth Management Solution for UAE based clients.
  • Succession Planning Survey 2024 – key takeways
  • The Evolution of PPLI
  • What are the Optimal Methods of “Selling” the Benefits of Life Insurance to High-Net-Worth Clients?
  • The expanding role of HNW Life Insurance in wealth management and estate planning.
  • Navigating regulatory and tax environments with informed life insurance strategies.
  • Financing premiums and policies in a changing economic landscape.
  • Technological advancements and their impact on policy management and client engagement.
  • Addressing the needs and aspirations of the next generation through tailored life insurance planning.

 

The event will feature the half-day-plus format we introduced with great success in 2022 to deliver the most efficient and engaging presentations, workshops, panel discussions and networking, beginning at 9.00am and ending at 2.00pm after lunch (for those that would like to stay).

Very simply, the event will concentrate on the development of specialized HNW Life Insurance and related investment options for affluent private clients in the Middle East. It will explore how the wealth management sector can collaborate with insurers, specialized brokerage firms, legal experts, and tax consultants to provide the necessary information and counsel. This collaboration aims to assist private clients effectively in this expanding and increasingly significant area.

Key elements of the event:

  • 4 specialist presentations
  • 3 panel discussions
  • A unique get-together enabling delegates to meet with 150+ leading private wealth management practitioners.
  • An unprecedented opportunity to hear from more than 15 local and international speakers who are well-known experts in the life insurance sector, in private banking and in the EAM community in the Middle East and further afield, specialists in estate and legacy planning/solutions as well as lawyers, consultants and others associated with the broader life solutions and wealth management communities.
  • Networking coffee and refreshment breaks.
  • Lunch for those who wish to stay.
  • And…the event will qualify for 3.5 hours of CPD.

 

To give you even more understanding of what you can expect from the 2024 event, you can click HERE to view the Agenda and Speakers from our very successful 2023 HNW Insurance Summit - 2023.

May 2

HNW INSURANCE SUMMIT - DUBAI 2024

Shangri-La Dubai, United Arab Emirates

REGISTER
Featured Partners
All Partners

A community of leading organisations within Asian Wealth Management

Featured speakers
All event speakers

Senior figures in Asian Wealth Management are speaking at this event

Marc-Andre Sola

1291 Group

Priyanka Roy Jivani

1291 Group

Karishma Rupani

1291 Group

Nirav Dinesh Kumar Shah

FAME Advisory DMCC

Tim Denton

Habib Bank AG Zurich

Sunita Singh-Dalal

Hourani & Partners

Robert Chan

Knighthead Annuity & Life Assurance Company

John Harrell

Knighthead Annuity & Life Assurance Company

Why you should attend Hubbis events

Connect

Connectivity across Private Banking, Independent Wealth Management, Retail Banking, Asset Management, Insurance, Technology, Professional Services and other communities.

Learn

Find out how the industry can develop further & lessons it can learn from elsewhere. Improve skills and knowledge through a practical, enjoyable and interactive learning experience.

Enjoy

Hubbis events are not only consistent, relevant, engaging and unique but also highly positive, and fun experiences.

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Event Agenda
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  • 8.30am

    Registration

  • 8.55am

    Welcome Address

    Michael Stanhope

    Founder & Chief Executive Officer

    Hubbis

  • 9.00am

    Panel Discussion

    UAE - An Evolving and Robust option for UHNW families to grow and protect their wealth

    • Where does the UAE stand on the world stage as a private wealth management and structuring centre?
    • Comparing the UAE with other wealth management hubs, exploring unique opportunities, and anticipating future trends in the region.
    • Is wealth planning & structuring expanding robustly and where is the demand coming from?
    • Advantages and challenges of establishing a family office in the UAE, and onshoring assets in the UAE. What are the legal considerations, operational setup, and the broader impact? Do we assume they also have asset custody and structures in places like Switzerland, Singapore, and Hong Kong?
    • How do HNW / UHNW clients in the Middle East plan their family business succession? What are the trends? How might this be different to other regions?
    • Analysing the diversity of UHNW families moving to Dubai, including their varying needs and expectations based on their cultural and geographical backgrounds.
    • What are the tools and strategies available and how are these evolving?
    • What is the role of HNW Life Insurance in wealth preservation, estate planning, and as a strategic tool for legacy building?
    • The anticipated development of HNW Life Insurance in the UAE, including product innovation, market growth, and the evolving needs of clients.
    • Is the Single-Family Office market on track to develop further and is the UAE attracting only local or also international UHNW families?
    • How has the introduction of corporate tax impacted structures and what are the trends we are seeing?

    Chair

    Jeremy Young

    Chief Commercial Officer

    Transamerica Life (Bermuda)

    Speakers

    Karishma Rupani

    Partner

    1291 Group

    Nirav Dinesh Kumar Shah

    Founder and Managing Director

    FAME Advisory DMCC

    Sunita Singh-Dalal

    Partner, Private Wealth & Family Offices

    Hourani & Partners

    Ismael Hajjar

    Partner, Entrepreneurial Private, Business, Family Office Services - Middle East

    PwC

  • 9.40am

    Presentation - Introduction to Knighthead Annuity

    Robert Chan

    Vice President, Business Development

    Knighthead Annuity & Life Assurance Company

    John Harrell

    Executive Vice President, Head of Sales

    Knighthead Annuity & Life Assurance Company

    • Why Annuities?
    • Benefits of a Cayman Islands based Annuity with US Asset Manager
    • Predictable Fixed Income.
  • 10.00am

    Presentation - What are the HNW Life Insurance Options?

    Marc-Andre Sola

    Founder & Chairman

    1291 Group

    • How do you choose? - Whole Life, Term Life, UL, VUL, IUL and PPLI.
    • More product choice is confusing – how can we present the right opportunities to clients today?
    • How important is the relationship between HNW Insurance and Tax planning?
    • What Trends are you seeing within Life Insurance?
    • What differences are you seeing between the needs of European clients’ and Clients in the Middle East?
  • 10.20am

    Panel Discussion

    The Evolution of Life Insurance Solutions as a Wealth Management Solution for UAE based clients

    • How has the landscape of life insurance solutions changed over time to cater to the unique needs and preferences of UAE-based wealth management clients?
    • What specific features or benefits of life insurance solutions have become increasingly attractive to UAE-based wealth management clients in recent years?
    • Can you discuss any notable shifts in the types of life insurance products preferred by UAE-based wealth management clients, and what factors are driving these changes?
    • How have advancements in technology and digitalization influenced the accessibility and customization of life insurance solutions for UAE-based wealth management clients?
    • How do cultural norms and family dynamics in the UAE influence the design and implementation of life insurance solutions within wealth management plans?
    • In what ways are wealth managers in the UAE adapting their advisory services to incorporate life insurance solutions as an integral component of holistic wealth management strategies?
    • Looking ahead, what potential disruptions or innovations do you anticipate in the realm of life insurance solutions for UAE-based wealth management clients, and how should wealth managers prepare to navigate these changes effectively?

    Chair

    Marc-Andre Sola

    Founder & Chairman

    1291 Group

    Speakers

    Hasheer Kottal

    Senior Vice President & Business Manager, Insurance

    Mashreq Bank, Dubai

    Tim Denton

    Executive Vice President, Head of Wealth Structuring

    Habib Bank AG Zurich

    Jeremy Young

    Chief Commercial Officer

    Transamerica Life (Bermuda)

  • 11.00am

    Refreshment & Networking

  • 11.30am

    Presentation - Succession Planning Survey 2024 – key takeaways

    Jeremy Young

    Chief Commercial Officer

    Transamerica Life (Bermuda)

    • How do Asia’s HNW / UHNW clients plan their family business succession?
    • What are the family governance issues that typically emerge?
    • How can life insurance products help with the business succession and family governance plans of HNWIs / UHNWIs?
    • What are the desired product features and preferred services among various client segments, including the next-generation?
    • Apart from the traditional distribution network, what are the alternative options that end-clients engage with and, in particular, what is the role of family offices?
  • 11.50am

    Presentation - How can a Wealth Protection Plan help navigate the Challenges?

    Priyanka Roy Jivani

    Partner

    1291 Group

    Our Challenges as a professional

    • AML risks & Reputational risks
    • Liability for tax (U.S. situs assets)
    • Country specific reporting
    • Performance
    • Fee pressure vs revenue target
    • Cross border regulations
    • Generational change
    • Onboarding a client can take 6 to 12 months!
    • Fee transparency and cost pressure
    • More AUM
       

    Existing relationships

    • AML risks & Reputational risks
    • Client Protection laws (MiFID etc.)
    • Liability for tax (U.S. situs assets)
    • Country specific reporting
    • Performance
    • More revenues per client
       

    Permanent challenge

    • Cross border regulations
    • Competition
    • Generational changes
  • 12.10pm

    Panel Discussion

    What are the Optimal Methods of “Selling” the Benefits of Life Insurance to High-Net-Worth Clients?

    • How can advisors tailor their approach when selling life insurance to high-net-worth clients compared to other demographics?
    • What is the optimal method for wealth managers to work with insurance specialists?
    • What are the key factors that high net worth individuals consider when evaluating life insurance options, and how can advisors address these concerns effectively?
    • Can you discuss the importance of building trust and rapport with high-net-worth clients in the life insurance sales process, and what strategies can advisors employ to establish credibility?
    • In what ways can life insurance be positioned as part of a comprehensive wealth management strategy for high-net-worth clients, rather than as a standalone product?
    • How do advisors navigate the complexities of high-net-worth clients' financial situations, such as intricate estate planning needs or international assets, when proposing life insurance solutions?
    • Can you provide examples of successful case studies or testimonials where life insurance has played a pivotal role in addressing the unique needs of high-net-worth clients?
    • What role does education and transparency play in selling life insurance to high-net-worth clients, particularly in terms of explaining policy features, fees, and potential returns?
    • Looking ahead, what emerging trends or innovations do you anticipate in the sales and distribution of life insurance to high-net-worth individuals, and how can advisors adapt their strategies accordingly?

    Chair

    Priyanka Roy Jivani

    Partner

    1291 Group

    Speakers

    Jamie Lee

    Head of Partnership (Bermuda), Sales & Distribution

    Transamerica Life (Bermuda)

    John Harrell

    Executive Vice President, Head of Sales

    Knighthead Annuity & Life Assurance Company

  • 1.00pm

    Lunch & Networking

  • 2.00pm

    Forum Ends

May 2

HNW INSURANCE SUMMIT - DUBAI 2024

Shangri-La Dubai,United Arab Emirates

REGISTER
Speakers

Marc-Andre Sola

1291 Group

Priyanka Roy Jivani

1291 Group

Karishma Rupani

1291 Group

Nirav Dinesh Kumar Shah

FAME Advisory DMCC

Tim Denton

Habib Bank AG Zurich

Sunita Singh-Dalal

Hourani & Partners

Robert Chan

Knighthead Annuity & Life Assurance Company

John Harrell

Knighthead Annuity & Life Assurance Company

Hasheer Kottal

Mashreq Bank, Dubai

Ismael Hajjar

PwC

Jeremy Young

Transamerica Life (Bermuda)

Jamie Lee

Transamerica Life (Bermuda)

May 2

HNW INSURANCE SUMMIT - DUBAI 2024

Shangri-La Dubai,United Arab Emirates

REGISTER
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May 2

HNW INSURANCE SUMMIT - DUBAI 2024

Shangri-La Dubai,United Arab Emirates

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Summary

Setting the Scene for the 2024 HNW Insurance Summit in Dubai

There is a plethora of life policy structures available globally, almost all of which are now widely available in Hubbis’ core market in Asia and in the UAE/Middle East. There are many questions to address, and much to be learned, and Hubbis will structure the final agenda to cover as many of the key issues as possible.

For example, how do advisors and private clients approach the challenges of learning about and choosing between different alternatives such as Whole Life, Term Life, Universal Life, Variable Universal Life, Indexed UL and Private Placement Life Insurance? How do advisors then help to match the right products to their clients? Who are the clients coming through the UAE? What are some of the critical errors advisors and clients might make as they try to select the right policies? How do advisors begin the conversations, and critically, how should they then work with the specialist distributors and agencies to further advance these solutions for their private clients? And importantly, how do you participate compliantly and legally in the fee income/commissions?

These and other key questions will be addressed in the UAE event on May 2. Very importantly, the chosen speakers, all experts in their field, will offer plenty of information, many insights and lots of advice on how wealth managers should first listen to clients and understand them, then encourage and nurture them towards insurance solutions that ideally suit them, at whichever stage of life or wealth they might be, all while working productively and compliantly in partnership with the life insurance specialists in the market.

Key pointers for the discussion will include the need for advisors to be aware of numerous aspects when talking to their private clients about HNW insurance, the rising role of life insurance in robust estate and legacy planning & solutions, the value in sidestepping product ‘sales’ and emphasising solutions,  the vital importance of wealth managers being able to oil the wheels, but making sure that the life solutions experts they collaborate with drive the cars and cross the finish lines with their clients, thereby ensuring a safe and clearly directed life insurance journey.

Life insurance therefore remains an essential tool for providing peace of mind, enabling individuals to build and preserve their wealth across generations. This solution is invaluable for protecting families, offering them financial security in both expected and unforeseen circumstances. Its role in comprehensive, forward-looking wealth, estate, and legacy planning continues to grow in importance, serving as a crucial strategy for navigating the complexities of global regulations and tax structures.

Despite, or perhaps in light of, various ongoing global challenges, including the aftermath of the 2020-22 pandemic, fluctuations in the global financial markets, the end of quantitative easing, higher interest rates, and persistent geopolitical tensions, the life insurance and wealth management sectors remain optimistic about the growth prospects for HNW life insurance in 2024 and beyond. These events have actually further sharpened the focus among clients, insurers, distributors/agents, and the wealth management industry on the significant benefits such solutions provide.

And remember - the market is most certainly there to be grasped – the UAE is a rapidly growing wealth management and life solutions hub for the region and global clients. HNW Life Insurance Solutions are, therefore, centre stage in the UAE’s evolving and expansive wealth market. Those who fail to grasp the opportunity are missing out on a significant weapon in their revenue generation arsenal and essentially failing their clients.

Join us, mingle with peers and providers, and listen to  The Hubbis HNW Insurance Solutions Summit on May 1st as we bring together a distinguished set of experts and industry leaders from throughout the region and internationally to examine these pivotal issues for our wealth industry attendees.

These are some of the key topics that will be covered in the event:

  • UAE - An Evolving and Robust option for UHNW families to grow and protect their wealth
  • Introduction to Knighthead Annuity
  • What are the HNW Life Insurance Options?
  • The Evolution of Life Insurance Solutions as a Wealth Management Solution for UAE based clients.
  • Succession Planning Survey 2024 – key takeways
  • The Evolution of PPLI
  • What are the Optimal Methods of “Selling” the Benefits of Life Insurance to High-Net-Worth Clients?
  • The expanding role of HNW Life Insurance in wealth management and estate planning.
  • Navigating regulatory and tax environments with informed life insurance strategies.
  • Financing premiums and policies in a changing economic landscape.
  • Technological advancements and their impact on policy management and client engagement.
  • Addressing the needs and aspirations of the next generation through tailored life insurance planning.


To give you even more understanding of what you can expect from the 2024 event, you can click HERE to view the Agenda and Speakers from our very successful 2023 HNW Insurance Summit - 2023.

May 2

HNW INSURANCE SUMMIT - DUBAI 2024

Shangri-La Dubai,United Arab Emirates

REGISTER