Insurance & Reinsurance
Artists' moral rights in the frame
Our fine art team’s experience spans the fine art and cultural property worlds, with a client base ranging from insurers underwriting these risks in the London market and overseas, to auction houses, galleries, dealers and collectors, consignees and carriers.
Our lawyers' commercial understanding and technical experience naturally complements the work we do in high value coverage disputes, liability defence and recoveries.
Our specie team deals with a full range of jewellery, cash in transit, bankers blanket bonds and other specie matters, acting for many insurers underwriting specie risks in the London market and overseas.
Our team has considerable commercial understanding and technical know-how, having advised on numerous high value coverage disputes, liability defence and recoveries matters internationally. We have a great depth of industry experience, spanning diamond dealers, manufacturers, retailers and wholesalers involved in the jewellery industry. We also advise security companies, banks and other entities dealing with cash, bullion and other high value interests.
With offices in New York, Hong Kong, and Dubai and strong relationships with local firms in Israel and Belgium, we have the capacity to handle matters in all key specie jurisdictions.
We advised a client on criminal and regulatory law considerations for recovering the artworks and entering into a reward agreement with an informant.
We advised an insurer in relation to a claim notified by a gallery, which was subject to Indian law. The factual circumstances and claim documentation raised several points regarding coverage, compliance with conditions precedent, misrepresentation and quantum.
Advising a client in relation to a loss notified under a Jewellers Block Reinsurance Policy for damage suffered to items during transit between Dubai and Hong Kong. We advised on the scope of various policy exclusions, the proper basis of valuation and the deductible and limits.
Advising a client on the recovery of artworks stolen from a Dutch museum. We provided advice on the criminal and legal considerations for recovering the artworks and for negotiating any reward payment.
Advising a client on the recovery of artworks stolen from the residence of a private family estate. We also advised the client on the criminal and regulatory law considerations for making a reward payment for the recovery of the artworks.
Acting for fine art insurers on a number of separate and significant losses in the London insurance market arising out of frauds originating in Germany, which involved the sale of an unknown number of forged works of early 20th century French and German artists. Acting for both the insured...