Fine Art & Specie

ArtWorks
You don’t want to risk discovering too late that your corporation’s valuable art is not adequately protected by your standard
property policy. When your buildings and premises are damaged, roofs can be re-shingled and windows can be replaced.

Accidental damage to art is another matter.

Our industry-focused services
In addition to providing specialized coverage, our goal is to offer
A standard property policy is not designed to protect fine art.
guidance, through our risk management and claims services, on
Every work of art is individual and when damaged requires
how best to prevent and minimize art losses.
a knowledge and understanding of conservation and any
consequent depreciation in value.
Risk management
To protect against this significant exposure, your valuable collection
Our insurance program for corporate collections includes loss
requires separate, specialized art coverage as well as specific risk
prevention advice from our team of specialists who have a deep
management guidance.
understanding of the art market and extensive experience in
managing the important issues that impact the value of works
AXA XL offers protection for corporate art collections with
of art. We are your loss prevention resource for protecting a
ArtWorks – our collection of art coverages, which provides
corporate collection, which means ensuring that the collection is
customized insurance and risk management solutions.
properly framed, displayed and conserved as well as monitoring
environmental conditions and moving items safely and professionally.
With our leadership position and considerable expertise in insuring
All of which can have a serious impact on condition and value if
and protecting art collections, we offer the loss prevention experience,
not understood and implemented.
specialized coverage, and dedicated claim services that standard
property policies do not provide. Unlike most standard property
carriers, we provide coverage for accidental damage to works of
Claims handling
art including the consequences in terms of repair, restoration,
We offer quick, expert and discreet claims handling service based
conservation, and depreciation in value.
on an understanding of the inherent worth and value of the work
of art and a knowledge of the specialist conservators, framers and
We provide the financial strength, global presence and deep
loss adjustors.
understanding of the art market to protect your most valuable
property.
Our coverage
Broad, flexible coverage and technical expertise based on an
in-depth understanding of our clients’ needs. This includes:
ƒƒ All risks of physical loss or damage for corporate art collections
ƒƒ Risk management advice on the proper handling, conservation,
and placement of works of art, and other important issues
associated with effectively protecting your corporation’s collection

Continued 
Our capacity
We provide capacity up to USD 300 million.

Our participation
Our quotations are tailored to each risk and include:
ƒƒ Primary
ƒƒ Excess
ƒƒ Quota share

Information needed to quote

ƒƒ Completed application
ƒƒ Full security details
ƒƒ Total values at risk

Our financial strength

AXA XL’s core operating insurance and reinsurance companies
have one or more of the following financial strength ratings:
ƒƒ AM Best A+
ƒƒ S&P AA-
ƒƒ Fitch AA-
ƒƒ Moody’s A1

In the US, contact:

Kyle McGrath
Office +1 212 915 7056
kyle.mcgrath@axaxl.com

200 Liberty Street

25th Floor
New York, NY 10281
United States

In Canada, contact:
Farzina Coladon
Office +1 416 342 8694
farzina.coladon@axaxl.com

100 King Street West

Suite 3020
Toronto, Ontario M5X 1C9
Canada

The information contained herein is intended for informational purposes only. Insurance coverage in any
particular case will depend upon the type of policy in effect, the terms, conditions and exclusions in any
such policy, and the facts of each unique situation. No representation is made that any specific insurance
coverage would apply in the circumstances outlined herein. Please refer to the individual policy forms
for specific coverage details. AXA XL is a division of AXA Group providing products and services through
four business groups: AXA XL Insurance, AXA XL Reinsurance, AXA XL Art & Lifestyle and AXA XL Risk
Consulting. In the US, the AXA XL insurance companies are: AXA Insurance Company, Catlin Insurance
Company, Inc., Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance
America, Inc., XL Specialty Insurance Company and T.H.E. Insurance Company. In Canada, insurance
coverages are underwritten by XL Specialty Insurance Company - Canadian Branch and AXA Insurance
Company - Canadian Branch. Coverages may also be underwritten by Lloyd’s Syndicate #2003. Coverages
underwritten by Lloyd’s Syndicate #2003 are placed on behalf of the member of Syndicate #2003 by
Catlin Canada Inc. Lloyd’s ratings are independent of AXA Group. Not all of the insurers do business in all
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jurisdictions nor is coverage available in all jurisdictions. Information accurate as of February 2019.

AXA, the AXA and XL logos are trademarks of AXA SA or its affiliates
©2019 AXA SA or its affiliates