Art InsuranceNews

AXA ART has appointed Irina Buchmann as President and CEO of its Americas operation.

The Americas operations of the specialist insurer encompasses Brazil, Canada, Mexico and the United States.  Ms. Buchmann is an insurance industry expert with more than 16 years of experience in  strategy, finance and risk management within the AXA Group. Over the course of her career she held several board positions …

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Art InsuranceArt Risk

How to Protect Your Private Art Collection: Top Risks For Art Collectors and How to Mitigate Them.

Preserving your art collection takes planning, education, consistent awareness of risks which could damage the collection, and not to be underestimated: common sense.  Incorporating disaster planning and simple conservation methods into collection care are the keys to preserving your property, avoiding costly losses, and helping to protect your investment. While  …

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Art BusinessArt Crime

Money Laundering through Art: What All Stakeholders Must Know

About the author: Phoebe Kouvelas, LL.M., is partner at ArtSecure, a boutique law firm offering specialized advice on Art, Cultural & Intellectual Property matters. Art has become an attractive sector for making the proceeds of all types of illegal activity appear legitimate. High profile cases include Brazilian financier Edmar Cid …

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Frieze
Art BusinessArt InsuranceBuy art

Online art market sales reach $4.22 billion – up 12%

A slower pace of growth as new challenges and opportunities emerge    The sixth annual Hiscox Online Art Trade Report, published today, reveals an online art market worth an estimated $4.22 billion – up 12% in 12 months. While still a solid year on year increase, this was lower than the …

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Art InsuranceArt RiskOwn art

Top tips for disaster preparation for your art collection

When extreme weather strikes, a disaster preparedness plan can help art collectors protect their artwork By Anne Rappa, senior vice president, Huntington T. Block In the aftermath of Superstorm Sandy, an art dealer sat alone in the basement of his art gallery space pulling artwork out of dirty Hudson River …

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Springfield
Art CrimeNews

FBI hunts Warhol print art thieves and offers $25,000 reward

The FBI has offered a reward of $25,000 (£17,500) for information leading to the recovery of seven Andy Warhol soup can prints stolen from the Springfield Art Museum in Missouri. The prints are part of a group of 10 and were stolen when burglars broke into the gallery last week. …

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Art CrimeNews

Swiss prosecutors hunt for missing Panama Papers Modigliani painting

Prosecutors in Switzerland have raided a storage facility in Geneva searching for the $25 million 1918 Modigliani painting Seated Man with a Cane that has become a subject of controversy after it was revealed in the Panama Papers that it had be the subject of a Nazi looting-inspired court case. …

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Art Insurance

AXA Art forms partnership with Collectrium

AXA Art will offer collection management company’s Collectrium services to its clients. The service will be rolled out over two years and then offered as a discount to clients. Collectrium will allow AXA Art’s clients to manage confidential art collection data, upload images and other information; and benchmark their collections …

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Art InsuranceArt Risk

Partnership between Hiscox and Collectrium

Insurance specialist Hiscox announced on 14 January 2016 the setting up of a partnership with the collection-management platform Collectrium. This partnership will offer Hiscox clients the services of Collectrium – a dematerialised tool for organising and valuating collections — with the aim of reducing the inherent risks of art collection. According …

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Art Insurance

Insurance and Liability in the art world

Fred Weijgertse, Managing Director of the world’s first integrated international fine art logistics company, Crown Fine Art, talks to Private Art Investor about why liability and insurance is a growing issue in the transportation of fine art. How does liability and insurance risk tie into what Crown Fine Art are …

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