This new fine art consortium, the largest of its kind and open to all approved Lloyd Lloyds has launched a $ 1bn fine art consortium venture in collaboration with Robert Read . Hiscox will act as lead underwriter in the venture, which aims to streamline the process of placing large fine art risks within Lloyds . Once a rarity, 1bn art collections are becoming more commonplace in the Hiscox market, according to Ascot Underwriting , head of Fine Art at Hiscox .
Lloyds has launched a $ 1bn fine art consortium venture in collaboration with Robert Read . Hiscox will act as lead underwriter in the venture, which aims to streamline the process of placing large fine art risks within Lloyds . Once a rarity, 1bn art collections are becoming more commonplace in the Hiscox market, according to Ascot Underwriting , head of Fine Art at Hiscox .