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The Law and Practice of Fine Art, Jewellery and Specie Insurance

The Law and Practice of Fine Art, Jewellery and Specie Insurance

Author: David Scully
Publisher: Edward Elgar Publishing
ISBN: 9781800373457

Published In: June 2021
Format: Paperback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only
Hardback Edition ISBN: 9781800373433

List Price: HKD 1,143.35

HKD 1,109.05 Save HKD 34.30 (3%)

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Description
Contents

Details

This comprehensive book will be essential reading for all those involved with fine art, jewellery and specie insurance. David Scully analyses the history, structure and dynamics of the global marketplace for this type of insurance, illustrating key points with real life examples to provide a practical guide to the business.

Key features include:

Coverage of how insurers determine the value of insured items
Examination of relevant legal precedent in the UK and US, including judicial interpretation of exclusions and warranties
Explanation of the key risk factors insurers consider, including traditional risks such as fire and theft as well as emerging risks such as defective title, professional liability and fakes and forgeries
Specific chapters considering insurance for museums, exhibitions, private collectors, art dealers, jewellers, cash management companies, warehouses, art shippers, and other related businesses

This book will be a valuable resource for insurers in this area, including underwriters, claims professionals and in-house lawyers, and will provide deeper knowledge to lawyers, loss adjusters, insurance brokers and other interested parties. It will also be useful to museum registrars, art dealers and collectors, auctioneers and others, in helping them understand the risks they face.

Preface

PART I. THE FINE ART, JEWELLERY AND SPECIE INSURANCE MARKET

1. The Fine Art, Jewellery and Specie (FAJS insurance market

PART II. ART AND PRIVATE JEWELLERY

2. Art and private jewellery

3. Art and private jewellery values

4. Natural perils

5. Terrorism, political and cyber risks

6. Art theft

7. Damage and partial loss

8. Defective title, lenders’ single interest and residual value insurance

9. Professional liability