Insurance

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.

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.

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

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

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

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.

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.

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.

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.

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.