Why is it important that brokers emphasise art attack risks to organisations and private collectors? with David Parkinson from Ecclesiastical
Summary: The incidence of cause-related art attacks has grown rapidly in recent years, predominantly perpetrated by environmental activists such as Just Stop Oil and Extinction Rebellion. The significant media attention from these attacks inevitably increases the likelihood of copycat incidents. As such, any event featuring high-profile artwork or artefacts, be it held by a heritage location or leisure gallery or by a high-net-worth individual at their home, is now potentially at risk of attack.
In this episode, we talk about what heritage and leisure organisations and private collectors can do when planning events to deter potential attackers, as well as explain how brokers can help to support their clients to ensure these pieces are preserved for future generations.
Quote: “From a broker perspective, it is about engaging with the customers, to highlight the potential risk of attack, to share with them some of the good practice, to liaise with insurers, so that where their clients are planning these events, they can start to have that conversation with insurers and get advice and support. We have an in-house team of risk surveyors [at Ecclesiastical] that can provide advice and support; we have a risk advice line that's open to our customers. So, brokers that have policies with us and their customers can access that information to provide helpful additional advice.”
Protecting public artwork and exhibits
Heritage Risk Barometer - Crime and punishment: Heritage pays the price
Art and Private Client Insurance
Fine Art and Collections Insurance
David Parkinson LinkedIn profile
Faith Kitchen LinkedIn profile
Run time: 12.25
About the guest:
David Parkinson, Risk Management Technical Services Manager at Ecclesiastical, leads an in-house team of technical specialists providing customer support and risk insight, to help them manage the risks they face on a daily basis.
About the host:
Faith Kitchen, Customer Segment Director at Ecclesiastical, is responsible for developing and maintaining our products and propositions to meet the needs of our specialist target markets. She maintains relationships with a number of key bodies in the heritage, charity and education sector, to ensure we fully understand what is important to customers and can develop useful insight and thought leadership. Faith is a member of the Underwriting Leadership Team.
In her spare time she serves as a Charity Trustee and a School Governor.
Disclaimer
This podcast is provided for information purposes and is general and educational in nature and does not constitute legal advice. The information contained herein should not be considered as a substitute for seeking professional advice in specific circumstances.
All opinions expressed are the individual's own and not of (or to be affiliated with) Ecclesiastical Insurance Office plc or its group companies and affiliates (“Ecclesiastical”).
Ecclesiastical shall not be liable for your use or any reliance on, or action taken (or not taken) by you and any loss, however incurred, as a result; all responsibility for such is excluded (except for that which cannot be excluded by law) by Ecclesiastical.
Please note that over time the information contained herein may become out of date and may not constitute best market practice, that it is subject to change and new editions may be issued to incorporate such changes. You acknowledge that Ecclesiastical have no duty to provide such changes to this recording.