A special dynamism prevails in the art business. Driven by a steady rise in demand, the art business is booming, with buying and selling increasing significantly in recent years. And, along with it, the demand for insurance solutions for in some cases, immense values.
During display, valuation or shipping, precious paintings, sculptures and antiques may be damaged – or in the worst case, go missing without a trace. However, ERGO’s insurance solutions, which are specially tailored to the art trade, provide them with optimum protection in even the worst case.
Security for you
and your clients
No matter whether the works are your own, on commission or are up for auction – as a dealer you are responsible for their safekeeping. Professional coverage is therefore essential. ERGO offers you this security – and additionally supports you with tailored risk management.
Optimally protected at all times
Our insurance covers not only stationary on-premises storage and display – but also when works are being viewed at the client’s or are at the restorer’s.
If desired, technical or business equipment can be included in the policy. Insuring shipment, presentations at trade fairs worldwide or in special exhibitions, is also possible. We will be happy to advise you and propose the optimum solution for your business.
Play it
safe
Loss examples from our daily insurance business
In a flash
During an art fair opening event, one of the guests turns around and inadvertently knocks a sculpture to the ground. The sculpture is badly damaged. ERGO indemnifies the loss – and also takes care of claims for compensation vis-à-vis the guest.
Playing with fire
A large-format painting is entrusted to a frame-maker for framing. A fire breaks out in his workshop at night. The painting is destroyed in the fire. Though not listed specifically, the painting is included in the insurance to an appropriate maximum amount, so ERGO indemnifies the loss.
Burst pipe damage
A water pipe bursts in the warehouse of a gallery. The subsequent flooding completely destroys some of the stored works, others can be restored. ERGO indemnifies the loss – and not only replaces the gallery’s own works, but also those on commission, and works that were already sold.
Opt for outstanding service
Making more possible – ERGO knows how to do it. Find out all the details of our exclusive services.
More information
All our expertise for your business
Do you have any questions about products, services or bespoke insurance? We will be happy to advise you:
Write us!