WHITE PLAINS, N.Y., March 17, 2016 /PRNewswire/ -- Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer for high net worth individuals and families, was awarded "Best Insurance Product Provider" at the third annual Family Wealth Report Awards 2016.
"PURE is honored to be named Best Insurance Product Provider and recognized alongside so many exceptional organizations that serve high net worth families," said Mark Galante, senior vice president and chief marketing officer of PURE Insurance. "It's recognition like this that further inspires our team to deliver an exceptional member experience every day."
The Family Wealth Report Awards were designed to recognize companies, teams and individuals who have demonstrated innovation and excellence during 2015. Winners are selected by a panel of judges comprised of highly respected leaders from the wealth management community, including heads of family offices, wealth advisory firms, banks, law firms and others.
During the awards presentation, it was noted that judges commended PURE for the transparency of its business model, its innovative nature, and its fiduciary perspective.
ClearView Financial Media's CEO, and publisher of Family Wealth Report, Stephen Harris, was first to extend his congratulations to all the winners. "The firms who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations," said Harris. He went on to mention that "These awards recognize the very best operators in the private client industry, with 'independence,' 'integrity' and 'genuine insight' the watchwords of the judging process – such that the awards truly reflect excellence in wealth management."
Privilege Underwriters Reciprocal Exchange (PURE) is a policyholder-owned insurer dedicated to creating an exceptional experience for responsible high net worth individuals and families. PURE provides best-in-class, customizable coverage throughout the U.S. for high-value homes, automobiles, jewelry, art, personal liability, watercraft and flood. Inspired by some of the finest policyholder-owned companies in the world, PURE emphasizes alignment of interests and transparency. PURE's low cost of capital, careful member selection, and proactive risk management all contribute to highly competitive rates. In return for a fee, PURE Risk Management, LLC acts as Attorney-in-Fact for PURE. For more information or to find a local broker, visit pureinsurance.com.
About ClearView Financial Media Ltd ("ClearView")
ClearView Financial Media was founded by Chief Executive, Stephen Harris in 2004, to provide high quality 'need to know' information for the discerning private client community. London-based, but with a truly global focus, ClearView publishes theFamily Wealth Report group of newswires, along with research reports and newsletters, while also running a pan-global thought-leadership events programme. With teams based in London, Singapore, Switzerland, South Africa and the Philippines, the company is one of the fastest-growing media groups serving the financial services sector.