Fine Art Coverage

Fine Art

The Risk Strategies Fine Art Practice is committed to keeping the arts alive by ensuring you have the right protection for your artwork. Our entire team is deeply invested in the industry with backgrounds in the arts, therefore, we’re uniquely qualified to find the right insurance plan to fit the needs of personal and corporate collections, museums, art dealers, artist-endowed foundations, appraisal firms, fine art warehouses, artists and all of the various coverages associated with art world clients.

Industry Insight

Artworks are meaningful assets for everyone from artists, collectors, foundations, historians and museums, to the general public. That’s why our team of experts is dedicated to offering valuable solutions to ensure that each piece and your business is protected from any known or unknown risk, including:

  • Contract issues including loan and consignment agreements
  • Foundation asset protection including consideration for aligning insurance limits with the board’s fiduciary responsibility
  • Protecting museums’ permanent collections and incoming loans, reviewing contracts in an effort to protect the cultural heritage of the items in your care

Risk management and insurance considerations for the unexpected challenges of climate change, estate plans, legacy protection and more

Solutions and Capabilities

Our team offers multinational companies, small businesses and individuals specialized solutions because we understand the importance of proper insurance and simple, hassle-free risk management.

  • Loan and consignment agreement reviews for contract requirements
  • Risk management plans for foundations and museums including catastrophe-prone locations, hazard prevention plans, and other specific assistance
  • Collaboration with colleagues to provide competitive prices for museum and foundation programs including fine art, property and casualty and more – all through one firm
  • Policy valuation that protects the specific client’s needs
  • Holistic in-house claims process
  • Artist coverage options to include the cost of restoration or reprinting, fabrication costs or other valuations tailor-made to the artists’ needs

Why Choose Risk Strategies

When facing important business challenges, maximizing success starts with the right partner. At Risk Strategies, we see risk through your lens. In over 30 specialty practices, our experts bring in-depth industry knowledge and a business-first approach to deliver the clarity and strategies you need to face the future with confidence.

The Risk Strategies Fine Art practice has a combined 150 years’ of experience both as fine art experts and specialty insurance brokers, making us the premier partner to offer sound counsel and strategic risk management.

  • With backgrounds in fine art, we understand your risk beyond the superficial
  • We have access to experts in other areas and actively collaborate with colleagues to ensure we provide a well-rounded program for you
  • We’re in the business of relationship building – not only are we dedicated to understanding what’s important to you, we provide the solutions to protect against all of your unique liabilities
  • We don’t tie ourselves to one carrier since we have full access to all fine arts insurance companies, guaranteeing that we’re after the perfect coverage for the client
  • Our team has an understanding of the fine art world meaning we know how to work with the other parties involved to draft coverage that aligns with your needs while negotiating insurance provisions of any contract