Fine Arts News

A Picasso, an $18M Hole, a Casino Owner, an Auctioneer, an Insurer and a Contractor

Insurance specialist LeConte Moore and professional fine art appraiser Vincent Wiener deal with high-profile performers and artists and their works so hearing talk of big dollar figures is not unusual. Moore says he and his insurance colleagues are not surprised …

Philadelphia Enhances Fine Arts Coverage for Museums, Cultural Institutions

Philadelphia Insurance Companies (PHLY) has created new insurance coverage for museums and cultural institutions through a partnership with its sister company, Tokio Marine America (TMA). The partnership gives PHLY increased capacity up to $100 million per location for fine arts …

AIG’s Zigerlig Joins Hub Northeast’s Fine Arts Division in New York

Katja Zigerlig has joined Hub Northeast as senior vice president, Fine Arts and Special Risks Group, responsible for developing business with collectors, museums, dealers and estates. Zigerlig will be based in the New York City office. Most recently, Zigerlig served …

XL Catlin, A.J. Gallagher to Offer ‘Lifestyle’ Coverage for Art Collectors in New York

XL Catlin and A.J. Gallagher have formed an exclusive underwriting agreement to offer a lifestyle insurance program for young and new art collectors in New York City. The policy, known as “Five for Five”, features five specialized insurance coverages – …

Ironshore Personal Lines Adds Fine Arts, Valuables Endorsement

Ironshore’s Personal Lines unit has expanded coverages available for high-net worth insured homeowners. Ironshore clients can now obtain an endorsement for itemized fine art, jewelry, private collections, and other personal valuables. Ironshore’s ‘personal articles floater’ is available to homeowner insureds …

MarketScout Adds 3 to Fine Arts Underwriting Team in Illinois

Dallas-based electronic insurance exchange and specialty MGA, MarketScout, has expanded its national fine art and collectibles program with three new hires: Donna Hester, underwriter; Susan Soloman, underwriter; and Cheryl Fogel, underwriting assistant. The underwriting team will operate out of MarketScout’s …

XL Group’s Specialty Businesses Launch Luxury Lines Program for Private Clients

XL Group’s Specialty insurance businesses in North America have teamed up on a new luxury lines to extend their equine, aviation, yacht, fine art, and kidnap, ransom & extortioncoverages to protect high net worth private customers and their possessions. According …

AXA ART, Trident Insurance Partner to Offer Specialty Fine Art Coverages

Fine art insurance specialist AXA Art Americas Corporation (AXA ART) has formed a strategic business partnership with Trident Insurance Services, LLC, a member of Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products. The relationship …

MarketScout Adds National Fine Arts, Collectibles Underwriting Facility

Dallas-based MarketScout announced it has acquired a specialty fine arts and collectibles underwriting facility providing coverage in 48 states and the District of Columbia. The facility targets all types of fine arts and collectibles. Property coverage for museums, exhibitions and …

Fine Arts Consortium Increases Capacity for 2012

Ironshore’s Pembroke Consortium has increased capacity to $116 million for 2012 to meet new demand, an expansion over the $105 million it offered in 2011. The increase in capacity comes as the organization closes its first year offering specialty fine …