I love listing to ArtTactic's podcasts - here is the new one featuring Christiane Fischer, President and CEO of Axa Art Insurance Coporation. First, Christiane discusses how the global expansion of the art market has impacted art insurance. Then, she tells us how often art collectors should have their collections re-appraised, especially considering recent market volatility. Christiane also shares her thoughts on art as an asset class, details current competitive challenges for Axa and elaborates on recent developments in the art insurance industry.
For individual private collectors I prefer CHUBB Masterpiece insurance, while Axa Art Insurance is a wonderful specialized insurance corporation providing a team of in house experts, however bundling all of your insurance policies under one provider makes life so easy! However, if you are a serious collector with a large contemporary collection, experts monitoring the value of your collection is a definite added bonus in a volatile market.
At the end of the day everyone should have their collections every 2-3 years.
http://www.arttactic.com/podcast.php?id=83
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