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Specialty program administrator Dual North America Inc. said Wednesday it has launched a fine art program providing coverage for museums, galleries, dealers, and private and corporate collectors.
Supported by a panel of insurers, the fine art program will offer $30 million in primary limits and $50 million in excess limits with a minimum attachment point of $25 million for excess placements.
The program will cover domestic and international risks and offer additional coverages including terrorism, flood, earthquake, defense costs, restoration and event cancellation.
The program is headed by Casey Santangelo, president of Dual’s fine art division, who joined the company in April from Travelers Cos. Inc.