Insurance

Issues relating to insurance are a key subject for art and antiques dealers, auctioneers, collectors and curators.

The insurance market has long provided specialist cover in this area but firms have begun to broaden their scope with regard to risk assessment and management.


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INSURANCE: Steps buyers and sellers can take in a business fraught with risks

17 July 2017

The business of trading in art and antiques is fraught with risks. With the added complexity of Brexit looming, ATG outlines the insurance steps buyers and sellers can take...

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INSURANCE: Get ready for Brexit realities

17 July 2017

The UK and European Union now face an uncertain future, with cross-border controls a key concern for exporters and importers as politicians debate memberships of the single market and customs union. What does this mean for the art market and its insurance needs?

Insurance on a budget: top tips for art market professionals

17 July 2017

“There are insurers in the market who purport to be specialists but who have little, if any, experience in settling difficult claims, such as those involving depreciation as a result of damage. Their premiums are very competitive, but brokers have no knowledge of how claims will be settled.

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‘All risk’ insurance won’t cover Dutch theft

10 April 2017

An audacious robbery in Amsterdam has left a dealer without insurance cover for the theft of more than 250 Asian works of art.

Antiques insurance

Insuring valuables in a changing world: the art and antiques market takes cover

20 July 2016

Increased risk around compliance, global trade and even terrorism suggests antiques firms need to insure a wider range of activities. But how can they do so without breaking the bank?

Insurance for conceptual art

28 April 2015

US insurance firms Crystal & Co and AIG Private Client Group are working together to create a new product for owners of conceptual art.

Art insurers cover auctions blighted by technical failure

02 February 2015

Specialist fine art insurance brokers Anthony Wakefield & Co. are to offer cover for auctions cancelled or abandoned due to technical failure.

Hiscox launch self-valuation policy online

30 January 2014

Hiscox have launched what they say is a unique insurance policy allowing collectors to value their own items and sign up online for cover in minutes.

Christie’s new insurance for UK private clients

02 November 2009

CHRISTIE’S have launched a one-stop insurance service for UK private clients, taking in all their insurance requirements in a single-payment policy package.

Insurance expert sounds alert over consignment premiums

06 February 2009

A LEADING fine art insurer has alerted UK auctioneers that they may be breaking the law in the way they provide insurance cover for items consigned for auction.

No premium rise for private collectors say art insurers

10 March 2008

Fine art insurance premiums for private collectors will not rise following the recent spate of high-value art thefts, despite speculation to the contrary, say industry experts.

South Africa insurance deal struck

10 March 2008

ARTINSURE have secured an arrangement to act as specialist insurance product provider to the South African Antique Dealers’ Association.

New York firm to offer first art title insurance policy

22 August 2006

A New York based company is offering what they believe is the world’s first title insurance policy for fine art.

Seminar on the risks of moving art

28 October 2004

BUYING and selling art and antiques is one thing, but what about transporting it from the place of sale to its destination?

Insurance rules should not hit UK auctioneers

06 July 2004

THE Financial Services Authority’s imminent regulation of insurance mediation activity should not present a burden for UK auctioneers and dealers says the managing director of a leading fine art insurance specialists.

Insurance red tape could tie up the Trade: FSA legislation could have implications for both auctioneers and antique dealers

21 June 2004

THE Financial Services Authority’s imminent regulation of insurance mediation activity could affect UK auctioneers and fine art shippers who charge for, or help arrange, insurance.

AXA vow to sort out Momart claims as soon as possible: Trade still assessing impact of losses on summer fairs and exhibitions

01 June 2004

INSURERS Axa Art have promised to settle claims linked to art lost in last week’s fire at Momart’s London warehouse as soon as possible.

AXA publish country house emergency rescue plan for fine art

11 May 2004

INSURERS AXA Art and NFU Mutual have published a new booklet giving advice to owners of fine art about how to minimise damage to their property and possessions.

DNA profiling for antiques

24 July 2000

A UK SECURITY marking company has launched a new anti-theft process that effectively gives each item covered its own DNA profile for the police to identify.

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