Our team of specialist Fine Art brokers are passionate about art and cultural heritage and understand the importance of insurance to our clients, whether it is for an art business, a private collection or public institutions, we can cover all your fine art and specie insurance needs

PRODUCTS AND SERVICES

Fine Art & Specie Insurance

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Expert protection for valuable and precious items - specialist fine art and specie insurance

Our team of specialist Fine Art brokers are passionate about art and cultural heritage and understand the importance of insurance to our clients, whether it is for an art business, a private collection or public institutions.

Our teams have an excellent reputation with insurance markets, being able to provide knowledgeable and timely response to all enquires. You can take advantage of our proven track record as we can facilitate a fast and efficient placement. Our experts handle all types of Fine Art and Specie business.

In modern terms, Specie describes the interests of banknotes, coins, securities, cheques, bullion, precious metals and jewellery. Lockton’s Specie provides insurance solutions for such interests anywhere in the world.

Our Specie team recognize that Check Cashing, Currency Exchanges, Pawnbrokers & Jewellers are closely linked and often operate hand in hand and hence our team of brokers work seamlessly together across these classes to find the best and most comprehensive solutions for our clients.

What we bring to your business

Experience and Service

Our Fine Art & Specie team, numbering 30 associates, have been arranging art and specie insurance for over 25 years. Our art and specie teams are made up of industry experts who have an in depth understanding of the insurance covers and specialist insurers to provide you with the cover you require.

We provide a single point of contact and high level of service to our clients something that the Lockton Companies have done for over 50 years.

Trust

As a broker we understand the importance of trust, not just between us and our clients, but also between us and our insurers. We maintain a high level of professional service and we will ensure that your insurance requirements are met.

Global Reputation

We are a Lloyd’s of London broker, which means we only work with specialist insurers and negotiate directly with them on your behalf to obtain the most competitive premiums and broadest cover to suit your requirements. We have developed a reputation as a broker that delivers above and beyond our clients expectations, something we strive to do for every client.

We are supported by the Lockton Global Network and our Global Partnership, which means we have expertise in 130 countries. Using local experts, we will support you and your requirements around the World.

Claims

Our in-house specialist claims team understand the intricate nature of art and jewellery objects. They will help you when something goes wrong and manage every step of the process on your behalf so you don’t have to worry unnecessarily. They will work with your insurers to repair and restore the damaged items and negotiate any resulting depreciation in value as a result of the damage.

Fine art and specie insurance wholesale solutions

Accessing both the London and worldwide (re)insurance markets, our team of fine art and specie insurance experts ensure that the most appropriate, comprehensive, and cost-effective risk management solutions are delivered to our fine art and specie clients.

With a global reputation and key relationships amongst fine art and specie insurance underwriters, our highly skilled risk experts will secure the most responsive coverage possible, specialising in placements for both retail partners and fine art and specie clients.  

For wholesale insurance solutions, please contact our specialist fine art and specie insurance team below.

Lockton Denmark Contacts

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Marianne Gorridsen

Partner
marianne.gorridsen@lockton.com
+45 2628 4142

News and Insights

We are pleased to share the Lockton H1 2024 London Insurance Market Update, intended to keep you abreast with underwriting and risk trends from a London Market perspective. This issue contains insights from 20 business segments across Lockton, along with a spotlight feature on our MENA operations and trends pertinent to that market. Our largest update to date, it is a testament to our continued growth as a business. London Market Insurance Update H1 2024

The risk evolution of automated storage systems

Automated storage and retrieval systems (ASRS’s) are being used in warehouses more frequently to improve efficiency. The technology has the potential to reduce human error, optimise space utilisation, and enable faster order fulfilment. However, claims resulting from system failures and insufficient risk mitigation measures are on the rise. Businesses need to identify, monitor, and protect against potential hazards, particularly those related to fire, not least to be able to secure appropriate insurance cover.Automated storage and retrieval systems (ASRS’s) are being used in warehouses more frequently to improve efficiency. The technology has the potential to reduce human error, optimise space utilisation, and enable faster order fulfilment. However, claims resulting from system failures and insufficient risk mitigation measures are on the rise. Businesses need to identify, monitor, and protect against potential hazards, particularly those related to fire, not least to be able to secure appropriate insurance cover.

Addressing the growing risk of blades detaching from wind turbines

Wind turbines are an increasingly popular form of energy generation. Although dependent on size, their ability to potentially power a home for two days with a single rotation has contributed to a 9% YoY growth of total installed wind capacity to 906 GW in 2022, according to the Global Wind Energy Council. However, a recent incident in the the UK where a wind turbine shed blades highlights the changing weather conditions that designers have to  address, when looking at the extremes of weather that may be seen in operation.  Wind turbines are an increasingly popular form of energy generation. Although dependent on size, their ability to potentially power a home for two days with a single rotation has contributed to a 9% YoY growth of total installed wind capacity to 906 GW in 2022, according to the Global Wind Energy Council. However, a recent incident in the the UK where a wind turbine shed blades highlights the changing weather conditions that designers have to  address, when looking at the extremes of weather that may be seen in operation.

Professional services firms: how to navigate cyber risks

In an era dominated by digital transformation, the professional services sector is perched on the precipice of cyber risk. As firms increasingly digitise their operations, the allure of efficiency and convenience is accompanied by a lurking threat: the ever-evolving realm of cyber threats.In an era dominated by digital transformation, the professional services sector is perched on the precipice of cyber risk. As firms increasingly digitise their operations, the allure of efficiency and convenience is accompanied by a lurking threat: the ever-evolving realm of cyber threats.
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We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

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