The law and practice of fine art, jewellery and specie insurance / David Scully.

Format:

Book

Author/Creator:

Scully, David, author.

Contributor:

Edward Elgar Publishing, publisher.

Series:

Elgar practical guides.

Elgar practical guides

Language:

English

Subjects (All):

Law and art.

Physical Description:

1 online resource (384 pages).

Place of Publication:

Cheltenham, England ; Northampton, Massachusetts : Edward Elgar Publishing, [2021]

Summary:

"This comprehensive book will be essential reading for all those involved with fine art, jewellery and specie insurance. David Scully analyses the history, structure and dynamics of the global marketplace for this type of insurance, illustrating key points with real life examples to provide a practical guide to the business. Key features include: Coverage of how insurers determine the value of insured items Examination of relevant legal precedent in the UK and US, including judicial interpretation of exclusions and warranties Explanation of the key risk factors insurers consider, including traditional risks such as fire and theft as well as emerging risks such as defective title, professional liability and fakes and forgeries Specific chapters considering insurance for museums, exhibitions, private collectors, art dealers, jewellers, cash management companies, warehouses, art shippers, and other related businesses. This book will be a valuable resource for insurers in this area, including underwriters, claims professionals and in-house lawyers, and will provide deeper knowledge to lawyers, loss adjusters, insurance brokers and other interested parties. It will also be useful to museum registrars, art dealers and collectors, auctioneers and others, in helping them understand the risks they face"-- Provided by publisher.

Contents:

Preface

Part I: The fine art, jewellery and specie insurance market

1. The fine art, jewellery and specie (FAJS insurance market)

Part II: Art and private jewellery

2. Art and private jewellery

3. Art and private jewellery values

4. Natural perils

5. Terrorism, political and cyber risks

6. Art theft

7. Damage and partial loss

8. Defective title, lenders' single interest and residual value insurance

9. Professional liability

10. Museums and associated risks

11. Exhibition insurance

12. Art dealers and auctioneers

13. Private risks and high net worth insurance

14. Art storage

15. Art transit

16. Other art risks

Part III: Jewellers block and specie

17. Jewellers block

18. Jewellers block: Off-premises risks

19. Cash

20. Specie

21. Fidelity and mysterious disappearance

Part IV: General remarks

22. Know your client, money laundering and ethics

23. Conclusion: The future glossary

Index.

Notes:

Includes bibliographical references and index.

Description based on print version record.

ISBN:

1-80037-344-9

OCLC:

1257307335