Mishcon de Reya page structure
Site header
Main menu
Main content section

Art-insurance disputes do not make for a pretty picture: Amanda Gray for the Financial Times

Posted on 1 November 2024

The art world has been gripped by the insurance industry since the businessman collector Ronald Perelman sued a constellation of providers for not paying out on five paintings following a 2018 fire.

Amanda Gray, Partner and head of our art law team, commented: “You can frequently find yourself in a battle between valuers. Multimillionaires might not be interested in poring over insurance documents, but someone has to do it. It is not a dead document to be kept in a drawer. If, for example, you move your art, particularly to another jurisdiction, if it has gone up in value, if you buy new works, you will need to update your insurance — if you don’t want it to be tested,"

Click here for the full article (subscription required).

How can we help you?
Help

How can we help you?

Subscribe: I'd like to keep in touch

If your enquiry is urgent please call +44 20 3321 7000

I'm a client

I'm looking for advice

Something else