Luc Rasschaert (WEALINS): Leading & empowering the future of wealth insurance
WEALINS, a leader in cross-border wealth insurance, leverages AI, ESG, and legal expertise to serve evolving client profiles. In this interview, they explore industry trends, record-breaking 2024 growth, and a five-year strategy centered on tech, sustainability, and talent.
What is your assessment of the first half of 2025 for the wealth insurance sector and for WEALINS?
The wealth insurance sector is influenced by several major trends. Digitalisation and the integration of technologies such as artificial intelligence and data analytics are enhancing the personalisation and efficiency of our services. Sustainability and ESG (environmental, social and governance) criteria are becoming standards sought by investors, beyond than just financial performance. Expertise in international wealth management and multi-jurisdictional regulations are essential to offer seamless service, regardless of clients' country of residence. Moreover, the profile of clients is evolving, with the rise of entrepreneurs who have specific needs and often facing cross-border wealth transfer issues. Finally, regulatory compliance, particularly in terms of KYC and tax reporting, requires a balance between innovation and compliance with strict legislative frameworks.
“The ease of this transition has to do with the culture that we have been able to build and share."
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How does a company like WEALINS stand out from the competition?
WEALINS stands out through its unique approach “Wealth Insurance as a service”. We are surrounded by multidisciplinary experts (legal, tax, wealth planning, as well as complex investments like private equity) with in-depth knowledge of regulatory and tax frameworks in over 10 European markets. Our culture of innovation allows us to attract the talents of tomorrow. In 2024, we reached record levels of premiums, with growth twice that of the entire sector. To achieve this, we remain committed to operational excellence, high-quality digital services, and innovative solutions. In a world full of opportunities and challenges, our teams are constantly seeking to innovate to meet current and future expectations of our partners and their clients.
"WEALINS stands out through its unique approach 'Wealth Insurance as a service."
Could you share with us the perspectives and upcoming challenges for the wealth insurance sector and WEALINS?
In the next five years, WEALINS will focus on three main areas: technology, sustainability, and internationalization. AI, data analytics, and digital tools will enhance our operational efficiency. ESG criteria and sustainability will become standards to meet the new expectations of investors. Expertise in wealth planning will be essential to manage wealth transfer across multiple jurisdictions and between generations. WEALINS will redefine its value chain by integrating more digital services, promoting collaboration, and empowering teams. Generative AI will play a central role, but human efforts will remain at the heart of this transformation, with a focus on employee development and adaptation to new technologies. By combining technological innovation and human potential, WEALINS aims for positive and sustainable growth.