Single-Family Office Insurance: What You Need to Know

Single-family office insurance requires a two-layer program: entity-level coverage for the office itself and personal coverage for the family principals. Most SFOs rely on operating company D&O and personal umbrella policies that were not designed to address family governance disputes, investment management professional liability, or social engineering fraud targeting wire transfer authority. A properly structured SFO insurance program includes D&O specific to the family office entity, fiduciary and trustee liability coverage, errors and omissions, cyber with social engineering endorsements, employment practices liability, and coordinated personal lines. Annual premiums typically range from $15,000 to $40,000 for offices under $100 million in AUM and $40,000 to $90,000 for offices between $100 million and $500 million in AUM.
Most families don't find out their coverage has a gap until they have a claim. By then, it's too late.

⏱️ Timestamps
0:00 The scenario: D&O denial that cost a family office everything
0:49 Gordon's intro
1:11 Why existing policies fail for family offices
1:50 Gap 1: The insured-vs.-insured exclusion
2:45 Gap 2: The personal umbrella trap
3:20 Gap 3: Cyber without social engineering coverage
4:20 What a properly structured program costs
4:49 Next steps: book a call

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