DUAL’s fine arts program will provide insurance products for a wide range of art collections, including paintings and sculptures, rate books and manuscripts, archaeological materials, antiquities, and other objects of artistic or historical merit.
The fine arts program will cover national and international risks and provide additional coverages including terrorism, floods, earthquakes, defense costs, restoration, event cancellation, and more. It will offer primary limits of $30 million and excess limits of $50 million, with a minimum attachment point of $25 million for excess placements.
Coverage will be underwritten through designated wholesale and retail brokers nationwide.
Read below: Fine Arts Insurance Market: “Insurers Are Knocking On Our Doors”
“This is a unique, yet widely applicable and valuable offering that we are very excited to offer to our partners and our network,” said John Knouse, DUAL North America director of ownership. “We see many opportunities to provide much-needed coverage to real estate that they may not have access to. Our goal is always to provide the best experience available for these specialty products, and that’s exactly what Casey brings to the table with this program. We are delighted to have her at the helm of this business.”
The fine arts program is the latest move for DUAL. In October, the company bolstered its transactional risk team with three key hires. In January 2022, he launched a crisis management team.
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