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Art & Entertainment
For art businesses, the risk of damage or theft could severely impact your cash flow and tarnish your reputation.
iTOO’s insurance coverage is crafted to protect your art collection, letting you focus on its growth. Here’s how we make a difference:
At iTOO, the team is composed of passionate collectors who bring a deep understanding to the intricacies of the art business. This expertise provides art dealers, auctioneers, and collectors the freedom to focus entirely on their trade’s growth.
With iTOO’s coverage, a guarantee stands that a seasoned and reputable assessor will carefully assess the collection’s value or ascertain the loss extent. Settlement terms are agreed upon in advance, offering solid assurance for any claims. Our proactive and transparent approach ensures a seamless and secure experience throughout the insurance process.
Our comprehensive offer
For professionals operating as fine art dealers, antique dealers, auctioneers, gallery proprietors, or those involved in the transportation or custody of appreciating stock on behalf of others, iTOO’s insurance coverage is meticulously designed to meet the specific requirements of these roles.
Clever insurance for clever people
Protect your masterpiece with the masters of specialist insurance
Ask your insurance broker to contact us for a quote for commercial dealer and auctioneer cover. If you don’t have a broker, we can recommend FAIS registered brokers trained in our products. Choose whether to find a broker or contact one of our experts below.
This is a concise summary of the product offering, it provides a snapshot of the product's benefits, triggers and valuable partnerships.
Contact your broker as soon as anything goes wrong. This can make all the difference to the chances of tracking and recovering stolen works or restoring damage. You can also send us an email detailing your claim and our claims department will contact your broker for specific supporting documents and other details we may require.
You’re in the hands of an expert. You can always be assured of professionalism, quick turnaround times and world-class technical knowledge. We’ll keep you in the loop every step of the way.
In order to comply with regulatory requirements you need to deal with us through a FAIS accredited insurance broker. If you do not have a broker we can introduce you to a local one competent in our products.
It is likely that standard asset insurance policies are not sufficient to respond adequately to appreciating assets such as art, collectables and valuables collections if lost, stolen or damaged. Works of art, collectables and valuables are unique and therefore irreplaceable. Even where professional restoration is possible, damage to any item may devalue it. By taking advantage of iTOO Artinsure’s specialised products, collectors can ensure that their financial interests in their appreciating assets are fully protected.
No, but we do apply minimum premiums.
Although we don’t value the works ourselves, we have a panel of independent appraisers covering a comprehensive and extensive range of collectables. The valuer charges a separate fee which is for your own account.
All premiums quoted contain a 20% commission payable to the broker. We do not charge fees in addition. Brokers with whom we deal may charge additional fees which must be disclosed to clients.
Our claims process is our expertise. Let us know as soon as possible (the earlier the better to minimise loss) and we will manage the process with the key aim of making this a smooth process that returns your client to the same financial position they were in prior to the claim.
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