fine art News

Man Agrees to Plead Guilty in Basquiat Artwork Fraud Scheme

A former Los Angeles auctioneer has agreed to plead guilty in a cross-country art fraud scheme where he created fake artwork and falsely attributed the paintings to artist Jean-Michel Basquiat, federal prosecutors said Tuesday. The paintings ultimately wound up at …

Brit Launches New Fine Art & Specie Offering

Brit Limited has launched a product for the fine art and specie sector. The product, Conexus, has been designed by Brit to combine cover for fine art and specie, property business interruption and general liability into a single policy. The …

Ironshore Launches Hybrid Product for Fine Art Losses from Political Risks

Ironshore International has introduced a hybrid insurance product to protect against loss or damage of works of art in the care custody and control of Museums and Exhibition organizers, as well as personal fine art valuables and collections. Ironshore’s new …

Marsh Appoints Porter-Wright as Leader of UK Specie Division

Marsh has appointed Marcus Porter-Wright as leader of its UK Specie Division. Porter-Wright will lead Marsh’s team of 30 specialists, which provides insurance and risk management advice to clients globally concerning highly valuable property, cash in transit, precious metals and …

AXA ART, Trident Insurance Partner to Offer Specialty Fine Art Coverages

Fine art insurance specialist AXA Art Americas Corporation (AXA ART) has formed a strategic business partnership with Trident Insurance Services, LLC, a member of Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products. The relationship …

Ironshore Australia Launches Marine Unit to Cover Fine Art, Specie, Cargo Classes

Ironshore Australia has entered the fine art, specie and cargo insurance sectors in Australia through the creation of a new marine unit. Ironshore’s team will focus on underwriting a range of both static and transit fine art risks for Australian-based …

ACE Private Risk, ARIS Title Insurance to Provide Risk Management for Fine Art Items

ACE Private Risk Services, the high-net-worth personal lines business of the ACE Group, and ARIS Title Insurance Corp., a member of Argo Group International Holdings, Ltd., have formed a marketing initiative to help individuals, wealth advisors, and institutions understand and …

Argo Group’s Fine Arts Title Underwriter in Partnerships with Art Insurers

Argo Group International Holdings, Ltd. announced that its subsidiary, ARIS Title Insurance Corporation, the world’s first underwriter of title insurance for fine art and other precious collectibles, has launched partnering initiatives with several insurers serving the art industry, including AXA …