Fine Art and Antiques Collections Insurance

Fine Art and Antiques Collections Insurance

Collections of Fine Art or Antiques require the close attention of insurance professionals who can bridge the gap between the collector and the insurer.

Our intermediary, Smith Ross Shane and Company, provides a bespoke service based on an intimate knowledge of the underwriting process and a sensitive approach that collectors expect when co-ordinating their insurance programme.

Sizeable collections present the collector with a unique set of risk exposures and insurance considerations. There are several points of cover that are worthy of note and some are listed below:

• Worldwide 'All Risks' Cover
• Cover for collections on display or stored in multiple locations
• Full Transit Cover worldwide
• Automatic Cover for New Acquisitions
• Access to specialist loss adjustors
• Basis of Settlement Agreed Value
• Discounted Valuations
• Three Year Policies available in some cases
• Warranty Free Wordings
• Advice on security
• Advice on shipping
• Advice on storage

NB: BENEFITS MAY VARY FROM INSURER TO INSURER. HOWEVER, YOUR PROGRAMME WILL INCLUDE ALL THE COVER THAT YOU REQUIRE.

To benefit from such a programme, private or commercial clients will administer collections in excess of £2.5m in value. The owner of the collection will be domiciled in the UK although the collection itself does not have to be in the UK. Collections will probably comprise Art, Antiques or other Historical Artifacts.

Smith Ross Shane and Company will only place your business with insurers who can meet the following criteria:

• The provision of a specialist product which ensures a wide scope of cover combined with a flexible approach to meet client's individual needs and expectations.
• A proven track record of claims settlement and high service levels.
• A first class reputation and proven financial integrity.

To obtain further details, an appointment or a quotation, please send an e-mail to one of the following:

For Items OVER £2.5M please e-mail srs@insurancenow.co.uk
For items UNDER £2.5m please e-mail ap@insurancenow.co.uk