Axa Art has targeted the owners of art and other valuable collectible items such as vintage cars, wine and furniture with its new insurance policy, ArtFIRST.
The policy has no minimum sum insured and can cover a personal collection valued at up to £1m. The insurer claimed its new offering stood out in the market as the policy-holder did not need to declare...
Group chief underwriting officer Richard Watson says that insurer hopes to continue to grow alongside broker partners as it develops cyber and SME offering.
The Gibraltar Financial Services Commission states company is insolvent and that it intends to appoint a liquidator.
As Hiscox UK and Europe drives down COR to 79.9% for H1 2016 from 86.8% in 2015.
Keep abreast of the movers and shakers in the insurance world this week.