DUAL North America launches fine art program | Insurance Business America
DUAL North America has announced the launch of a new fine art underwriting program. The program will be led by Casey Santangelo and will provide coverage for museums, galleries and dealers, as well as private and corporate collectors.
Santangelo joined the company in April 2022 as president of the fine art division. In this role, she is responsible for program development and management, underwriting, and day-to-day operations. Prior to joining DUAL, she spent 14 years at Travelers.
DUAL’s fine art program will provide insurance products for a broad array of art collections, including paintings and sculptures, rate books and manuscripts, archaeological materials, antiques, and other objects of artistic or historic merit.
The fine art program will cover domestic and international risks and provide additional coverages including terrorism, flood, earthquake, defense costs, restoration, event cancellation, and more. It will offer $30 million primary limits and $50 million excess limits, with a minimum attachment point of $25 million for excess placements.
The coverage will be underwritten through appointed wholesale and retail brokers across the country.
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“This is a unique, yet widely applicable and valuable offering that we are really excited to offer our partners and network,” said John Knouse, chief property officer at DUAL North America. “We see a lot of opportunity to provide a much-needed coverage to the property sector that they may not have access to. Our goal is always to provide the best expertise available for these specialty products, and that’s exactly what Casey brings to the table with this program. We are thrilled to have her leading this business.”
The fine art program is the latest move by DUAL. In October, the company bolstered its transactional risk team with three key hires. In January 2022, it launched a crisis management team.
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