Whether it is CryptoPunk #5822 selling for 8,000 ETH or the Mona Lisa being valued at over $800 million, art – real or intangible, is big business and the risks of theft and damage come with hefty price tags.
In 2012, Claude Monet’s Argenteuil Basin with A Single Sailboat was punched and Mark Rothko’s Black on Maroon was daubed with paint. In 2022, a man broke into the Dallas Museum of Art, shattering glass display cases with a metal stool and damaging several ancient works, including three Greek artifacts and a Native American contemporary ceramic.
As well as insuring art in galleries and on tour, London Market underwriters provide guidance how to make sure the packers, shippers and security are picture perfect.
Read Grace's profileIf you’re lucky enough to own an artwork by Andy Warhol or have a collection of antiques that are damaged, chances are it could be Grace Best-Devereux who comes knocking at your door...
Read Emma's profileNot every job will give you a chance to work on the world’s greatest art collections – but it’s all in a day’s work for Emma White...