Hiscox has launched a $1bn fine art consortium venture in collaboration with Ascot Underwriting. Hiscox will act as lead underwriter in the venture, which aims to streamline the process of placing large fine art risks within Lloyds. ’s brokers, will continue to provide the same high level of service and expertise to brokers and to clients.” The new fund is expected to be based on an existing model that allows for more efficient and transparent risk management across all asset classes.
Hiscox has launched a $1bn fine art consortium venture in collaboration with Ascot Underwriting. Hiscox will act as lead underwriter in the venture, which aims to streamline the process of placing large fine art risks within Lloyds. The new fund is expected to be based on an existing model that allows for more efficient and transparent risk management across all asset classes.