Specie & Fine Art insurance
Underwriting Appetite
We are particularly focused on the art, jewellery, armoured car, cash and precious metals industries. We provide cover to retail, wholesale and manufacturing jewellers for static and off premise risks (including exhibition, transit and consignment), diamond processing risks and private individuals for their jewellery collections.
The fine art book encompasses private collections, commercial galleries / dealers, museums, travelling exhibitions and auction houses.
For the cash industry, we provide cover for the liability of armoured car companies for both the transport of cash as well as the static risk.
The general specie account includes bank vault risks and other financial institution related risks, shipment and storage of precious metals, automated teller machine risks and other miscellaneous valuable property risks.
Coverage
We insure valuable property (specie) whilst in storage and in transit anywhere in the world against physical loss or damage.
Narrative
Catlin is one of the largest London based specie underwriters, both by premium and individual risk capacity and has written a specie account since it began underwriting in 1985.
We write a truly international specie account in terms of breadth of cover given, where our clients are situated and where the business is written. We can be accessed from any of the Group’s offices worldwide, with dedicated specie underwriters in London, Cologne, Singapore and Sydney.
We write business on a direct and reinsurance basis, via brokers and via underwriting agents. Our market leading claims team have specialist specie claims handlers in the locations we write the business.
Precious Things
Read our concise guide prepared by the Catlin Specie team – this guide explains the coverage that is provided by specialist Fine Art Insurance policies, the most common causes of loss relating to Fine Art and what happens when a claim is reported. Find out more.
