In a world where families, assets and tax residencies move more than ever, wealth structuring has become both more complex and more strategic.
Awarded Wealth Insurance Partner of the Year 2026, Utmost Luxembourg stands at the intersection of mobility, regulatory strength and long-term capital preservation. Part of Utmost Group, with €133bn in assets under administration, the firm has positioned itself as a key partner for advisers and private banks serving globally mobile high-net-worth and ultra-high-net-worth families.
We spoke with Jurgen Vanhoenacker, CEO of Utmost Luxembourg, about mobility, long-term partnerships and the evolving role of insurance-based solutions in global wealth planning.
This award highlights your central role within the Luxembourg and international wealth ecosystem. What does this recognition mean for your teams and for the partners who build long-term solutions alongside you?
As a leading provider of international insurance-based wealth solutions for globally mobile high-net-worth and ultra-high-net-worth families, this recognition is first and foremost a tribute to our teams.
Utmost is dedicated to offering outstanding service and deep technical expertise to advisers and their clients seeking efficient ways to preserve wealth and pass it on to future generations. It is only thanks to the commitment of our people that we are able to deliver consistently high-quality solutions for internationally mobile policyholders. Luxembourg is a market built on trust, technical excellence and long-term partnerships, so an award like this reflects the strength of this ecosystem.
For our partners, it reinforces the fact that they are working with a stable platform, fully committed to the Luxembourg market and dedicated to the insurance-based wealth model. Utmost benefits from significant financial strength, with more than €133bn of assets under administration supported by an ‘A+’ Insurer Financial Strength rating with a stable outlook from Fitch Ratings.
Families are becoming increasingly mobile, international and complex. How is this transforming the way wealth structuring and protection need to be designed today?
The growing mobility of wealth and families is fundamentally reshaping how high-net-worth individuals approach structuring and succession planning. It is now common for a family to have multiple residences, internationally diversified assets, family members with different tax domiciles and a next generation that may live and build their careers in different countries. That creates a level of legal, tax and regulatory complexity that traditional, single-jurisdiction planning was never designed to handle.
As a result, we are seeing a clear shift away from static structures towards flexible, portable solutions that can adapt as families relocate and as tax or regulatory regimes evolve. Planning is no longer a one-off exercise but an ongoing process that needs to accommodate different reporting frameworks, evolving tax rules and cross-border succession considerations, while still providing certainty over long-term outcomes.
In this environment, insurance-based wealth solutions are seeing growing demand because they provide a neutral, internationally recognised framework. They offer portability, consistency of tax treatment and a high degree of control over how and when wealth is transferred. They also allow families to consolidate assets in a single structure while maintaining an internationally diversified investment strategy.
Ultimately, we are witnessing a decisive move towards genuinely cross-border planning — integrating tax, investment and succession considerations from day one. The most effective structures are those designed to move with the family rather than anchor them to a single jurisdiction.
Insurance solutions are no longer just technical tools, they’re becoming strategic pillars of wealth planning. How has your role evolved in recent years?
Our role has evolved from being a pure product provider to acting as a strategic partner in wealth structuring. Advisers and private banks are now engaging with us much earlier in the planning process because insurance solutions increasingly sit at the heart of discussions around succession, asset protection, private market access and intergenerational wealth transfer.
This evolution requires deeper technical dialogue, a broader investment ecosystem and the ability to create tailored solutions. It also means continuously investing in our platform, governance and people to support increasingly sophisticated client needs while maintaining the highest standards of security and service.
Over the next five years, what innovations or structural changes will most reshape the wealth insurance landscape?
Without doubt, the continued internationalisation of high-net-worth families will accelerate, driving demand for truly portable, cross-border solutions supported by strong regulatory frameworks such as Luxembourg.
Demand for access to a broader investment universe, particularly private markets and alternative assets, will also continue to grow as policyholders seek diversification and long-term returns.
From an operational perspective, digitalisation and data are transforming both the policyholder and partner experience. Greater transparency, more efficient onboarding and enhanced reporting are becoming standard expectations. At the same time, it will remain essential for insurers to preserve the personal, advice-led model that defines this industry.
Those institutions capable of combining innovation with financial strength, technical depth and a clear long-term commitment to the market will shape the next phase of development in wealth insurance.