Private Client Select

What Private Client Select does

Private Client Select (legal entity Private Client Select Insurance Services LLC, d/b/a PC Select Insurance Services in California) is a US-licensed property/casualty insurance producer founded in 2023 and headquartered in St. Petersburg, Florida, with its principal place of business in Florida and domicile in Delaware. The company distributes five core personal-lines products — Homeowners, Automobile, Fine Art & Collectibles, Yacht, and Excess Liability — targeting high-net-worth and ultra-high-net-worth individuals, plus Risk Management Services and a consolidated Family Office offering for clients with $500M+ Total Insurable Value across 50+ locations. Underlying carrier capacity is supplied by AIG member companies (including National Union Fire Insurance Company, AIU Insurance Company, AIG Assurance Company, and American Home Assurance Company), positioning PCS as the branded distribution front for AIG's private client franchise in the US HNW/UHNW personal-lines market.

The operating model is hybrid direct/broker: an exclusive wholesale distribution partnership with Ryan Specialty (announced August 2024) anchors producer access across all 50 US states and DC, supplemented by a broader broker/producer network served through a dedicated broker assistance line and a Salesforce-backed broker portal with Okta SSO. Direct policyholders access a self-service client portal for policy viewing, paperless billing, payments, and claims submission; payments are processed by One Inc (which charges a 2.99% credit-card fee), and claims are administered through claims-partner Sedgwick under the direction of Chief Claims Officer Eileen Duffy. Technology differentiation is limited to a digital portal layer, AI-assisted fraud detection via behavior analysis, and integration with specialist risk-prevention partners (water-leak detection, wildfire hardening, cybersecurity, art restoration).

Revenue is generated primarily through commissions and fees on placed P&C premiums — a recurring, underwritten revenue stream with monthly installment billing — supplemented by transactional payment-processing pass-through fees paid to One Inc. Pricing is bespoke and quote-based, calibrated to total insurable value, asset class, and risk profile rather than standardized. Go-to-market rests almost entirely on a field-sales and broker-assisted motion rather than self-serve acquisition, with the client portal serving existing policyholders rather than as a new-customer funnel.

Name

Private Client Select

Legal name

Private Client Select Insurance Services LLC

Website

https://privateclientselect.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

251–500 employees

Short description

Private Client Select is a US-licensed property/casualty insurance producer founded in 2023 that distributes bespoke high-net-worth and ultra-high-net-worth personal lines coverage (homeowners, auto, fine art, yacht, excess liability) backed by AIG member companies through an exclusive wholesale partnership with Ryan Specialty.

Ownership category

akta.pro rank

Product category

Personal Lines Insurance

NAICS

Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421), Other Insurance Related Activities (52429)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Personal Excess Liability (High-Net-Worth) (FSAJANAF)

akta.pro secondary industries

Claims Handling, Documentation & Dispute Resolution Services (HSAKANAI), General Liability Insurance (FSAJAMAE)

Keywords

• Personal lines insurance
• High net worth insurance
• Fine art insurance
• Yacht insurance
• Excess liability coverage

Headquarters

HQ city

Berkeley Heights

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others, Infrastructure

Revenue model

1. Insurance Premiums: PCS generates revenue as a licensed property/casualty insurance producer through policy premiums. The company acts as an intermediary between high net worth clients and insurance carriers (including AIG member companies), earning commissions on placed coverage. Premiums are collected through various billing options including installments, with invoices generated 21 days prior to installment due dates.
2. Payment Processing Fees: PCS charges a 2.99% fee for credit card payments processed through third-party payment processor One Inc. This fee is paid directly to One Inc for use of its digital payment processing platform.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Private Client Select Insurance Services LLC is a licensed property/casualty insurance producer that designs and distributes bespoke personal lines insurance — Homeowners, Automobile, Fine Art & Collectibles, Yacht, and Excess Liability — for high-net-worth and ultra-high-net-worth individuals, families, and family offices across all 50 US states and the District of Columbia. Coverage is underwritten and issued through AIG member companies, distributed via an exclusive wholesale broker arrangement with Ryan Specialty, and supported by Risk Management Services, Family Office Services, dedicated Platinum Advisors, and 24/7 claims handling through Sedgwick.

Product overview

Private Client Select Insurance Services LLC is a licensed property/casualty insurance producer specializing in complex risks for high-net-worth and ultra-high-net-worth individuals and families. The core offering consists of five insurance products (Homeowners, Automobile, Fine Art & Collectibles, Yacht, and Excess Liability) supported by two service lines (Risk Management Services and Family Office Services). The Homeowners, Automobile, Fine Art & Collectibles, Yacht, and Excess Liability products form the primary coverage portfolio, while Risk Management Services provides proactive loss prevention (water damage, wildfire, cybersecurity, Smart Build, background checks, collection management) and Family Office Services delivers consolidated single-policy coverage for complex multi-location portfolios. Client and Broker Portals provide self-service access for policy management and distribution partners.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Fast, thoughtful claims resolution designed to take hours, not days
• +5 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Ryan SpecialtycoreChannel Partner/ Reseller/ Distributor · 7 August 2024Ryan Specialty entered a distribution trading partnership with PCS, making Ryan Specialty the exclusive wholesale broker for PCS in US high and ultra-high net worth markets. Jason Lentz was promoted to President of RT Specialty High Net Worth to oversee this partnership expansion. Ryan Specialty brings nearly two decades of insurance industry experience, including eight years developing RT Specialty's personal lines practice.
• SedgwickcoreImplementation/ SI/ Consulting PartnerPCS partners with Sedgwick for claims management services. Eileen Duffy, Chief Claims Officer at PCS, manages this partnership ensuring process efficiency while maintaining white-glove claims service. Claims can be submitted through [email protected].
• AIG Member CompaniescoreOthersAIG member companies (including AIG Assurance Company, AIG Property Casualty Company, American Home Assurance Company, and others) are the underlying insurance carriers providing coverage to PCS clients. PCS operates as a marketing name for the private client insurance business backed by AIG. Specific AIG carriers include: AIG Assurance Company, AIG Property Casualty Company, American Home Assurance Company, AIU Insurance Company, Commerce and Industry Insurance Company, Granite State Insurance Company, Illinois National Insurance Co., National Union Fire Insurance Company of Pittsburgh, PA, New Hampshire Insurance Company, and The Insurance Company of the State of Pennsylvania.
• Water Damage Prevention ExpertsminorStrategic or Co-development PartnerPCS partners with water damage experts to design prevention plans and install water leak detection technology at client properties as part of Risk Management Services.
• Cybersecurity SpecialistsminorStrategic or Co-development PartnerPCS partners with elite cybersecurity specialists to protect client data and digital assets from sophisticated threats as part of comprehensive cybersecurity assistance services.
• Wildfire Prevention ExpertsminorStrategic or Co-development PartnerPCS works with wildfire prevention experts and professionals to help clients position their properties to survive wildfire events as part of Risk Management Services.
• Art Restoration SpecialistsminorStrategic or Co-development PartnerPCS coordinates art restoration through an extensive network of specialists for losses over $50K, providing comprehensive services including vulnerability assessments, inventory documentation, and emergency planning for fine art and collectibles.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Nationwide Private Client: Nationwide's high-net-worth personal lines division distributes through specialized agents and competes for the same multi-location, multi-vehicle households that PCS Family Office Services targets.
• Travelers Personal Insurance: Travelers offers premium homeowners and auto coverage with high-net-worth endorsements through independent agents — a broad incumbent with a meaningful share of agent-placed HNW personal lines.
• Chubb Private Risk Services: Chubb's dedicated high-net-worth personal lines division offering homeowners, auto, valuable articles, and excess liability — overlaps substantially with PCS's product portfolio and customer segment, and is the dominant incumbent broker relationships are accustomed to placing HNW business with.
• Cincinnati Financial / Cincinnati Private Client: Cincinnati Financial's Private Client division serves HNW households with homeowners, auto, and umbrella coverage distributed through independent agents; a long-standing incumbent competing for the same broker-placed HNW business.
• Liberty Mutual Private Client / Personal Insurance: Liberty Mutual's Private Client program delivers homeowners, auto, and umbrella coverage to affluent households through appointed agents — another broad incumbent competing for broker- and agent-placed HNW personal lines.
• AIG Private Client Group: AIG's branded HNW personal insurance division — comparable in product set and customer segment to PCS, and particularly important because AIG member companies are also PCS's underlying carriers, meaning PCS effectively competes with its own carrier's direct offering.

Direct peers

• PURE Group (Privilege Underwriters Reciprocal Exchange): Member-owned HNW personal lines insurer offering homeowners, auto, umbrella, and valuable articles coverage to high-net-worth households — the same core product set and customer segment PCS targets, and the most direct specialist competitor in the space.
• Berkley One: Berkley One is a digitally enabled HNW personal lines insurer offering homeowners, auto, and umbrella coverage directly and through select producers; a newer, design-forward specialist whose go-to-market and tech-enabled service model closely parallels PCS's positioning.

Others

• Ryan Specialty: Ryan Specialty is PCS's exclusive wholesale distribution partner for US HNW markets; comparable as a distribution and specialty insurance intermediary, though it does not underwrite risk itself and is therefore an ecosystem participant rather than a direct competitor.

Emerging players

• Hagerty: Specialist insurer and ecosystem for collector and enthusiast vehicles — directly comparable to PCS's automobile and collector-vehicle agreed-value offering, though narrower in product scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/PCSInsurance

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Private Client Select