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XN Financial Expands Service in High Net Worth Market With XN Private Client Services Web Platform

Posted on: Tuesday, 13 June 2006, 09:00 CDT

XN Holdings, Inc., parent company of XN Financial and XN Risk Insurance Services, today announced the launch of XN Private Client Services on the web at www.xn.com/pcs. Leveraging its success with International assignees, XN Financial tailored XN Private Client Services to the unique insurance product and service needs of high net worth individuals.

Launched in 2005 with products for high-value homeowners, both cross-border and in Florida, XN Private Client Services is a managing general agent and leading online provider of insurance and financial products for high net worth International assignees and internationally mobile employees. Recently, XN Private Client Services expanded its ever-evolving suite of insurance products to include:

-- High value homeowners - enhanced levels of coverage for distinctive homes

-- Valuable articles - exclusive policies for exclusive collections, tailored to specific contents

-- Wind insurance - measured solutions against hurricane damage for dwellings and personal property

-- Vacant homeowners - hard-to-find safeguard for principal or secondary dwellings, globally

-- Course of construction - coverage for existing structures when occupants are required to vacate temporarily

-- Umbrella liability - substantial protection against financially disastrous circumstances

-- Flood/excess Flood - defense against the most common and costly natural disasters

-- Automobile - tailored solutions for specialty automobiles that reflect each vehicle's unique attributes and intrinsic value

-- Yacht insurance - specialized coverage for mega yachts, super yachts and sailing yachts

"XN keenly recognizes that high net worth individuals face unique personal risk management challenges and financial services requirements," said Daniel M. Anber, President, XN Financial. "We are committed to offering the most comprehensive suite of insurance solutions for high value homeowners, anywhere in the world."

XN Private Client Services has assembled a suite of "best in class" products and services through a single coordinated access point for all high net worth insurance needs. XN Private Client Services also provides access to customized products and information designed to ease common concerns about health, safety and security issues facing International assignees and internationally mobile employees, as well as high-value homeowners. The XN Global Call Centre ensures prompt and efficient administrative support, 24/7. For detailed information, please visit www.xn.com/pcs.

About XN Holdings

XN Holdings is a leading online provider of insurance and financial products designed specifically for the needs of expatriates and internationally mobile employees. XN offers both corporate- and association-sponsored employees "24/7" global access to personalized insurance and financial information through both the Web and a multilingual call center. XN enables expatriates to access customized products and information designed to ease common concerns about security issues, health care, travel arrangements, relocation and tax planning. XN Holdings is headquartered in Boca Raton, Florida, with the Global Service Center in Montreal, Canada. For an in-depth look at XN, please visit www.xn.com.

XN Holdings, XN Risk and XN Financial are registered trademarks of XN Holdings, Inc. in the United States, and other countries.

Source: Business Wire

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