Tuesday, August 24, 2004

Scream exposes art insurance gaps

The theft has highlighted gaps in the insurance of major works around the world, with a large number not covered against being stolen, according to some of the UK's leading art insurers.

"Quite a lot of the world's art, believe it or not, is not insured, or is insured only for that which a budget constraint will allow," he said.

posted by Phil @ 8/24/2004 12:57:00 PM 

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Important Disclaimer: Although I work for USI, these views are my own, and not those of my employer. The purpose of this blog is to foster discussion about risk management techniques for the betterment of professional service firms. Every company is different though. For specific guidance, I recommend that you consult with an attorney competent in the jursidiction in which you are performing services. I've made every effort to give proper credit for any material that is linked to. Furthermore, I've made every effort to link only to material which is in the public domain. If I've linked to your material without proper credit or authority, please let me know. Finally, if you know me, you know that the last thing I would ever do is try to infringe on another's rights. If for any reason you feel that has happened, let me know. Other than that, all ramblings here should be considered copyright of Phil Roberts 2004. Feel free to link to me, just give me credit, add me to your blogroll, or let me know about an issue you'd like to see discussed. Thanks.