Distinguished Programs (“Distinguished”), a leading insurance program manager, has announced an increase in its Fine Art & Collectibles program capacity to $125 million for single risks in the United States, effective now. This expansion from the current $100 million capacity highlights Distinguished’s dedication to offering brokers and their clients enhanced coverage options to meet evolving market demands.
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Distinguished has announced an increase in its Fine Art & Collectibles program capacity to $125 million for single risks in the United States. (Photo: Business Wire)
The expanded capacity addresses a market need for higher limits, offering clients increased financial protection. The program provides flexibility by accommodating both primary and excess risk coverage, enabling brokers to deliver tailored solutions for diverse client needs.
"Our goal is to make insuring fine art and collectibles super easy," said Patrick Drummond, President of the Fine Art & Collectibles group at Distinguished. “Increasing our capacity to $125M will allow us to broaden our appetite for fine art and collectibles while offering brokers much needed admitted capacity, on both a primary and excess basis."
Distinguished's broad appetite for Fine Art & Collectible risk encompasses sectors such as private collections, corporate collections, museums, art dealers, artist foundations, and more. Clients can expect a range of benefits, including direct bill options, seamless claims handling, and expert advice on collection management best practices.
Distinguished’s Fine Art & Collectibles program is currently available in all 50 states. Brokers are welcome to submit business on the Distinguished website.
About Distinguished Programs
Distinguished Programs is a leading national insurance Program Manager providing specialized insurance programs to brokers and agents with specific expertise in Fine Art and Collectibles, Environmental and Construction Professional, Executive Lines, Inland Marine, Real Estate, Community Associations, Surety, Hotels, and Restaurants. Property and Liability products are distributed through a national network of agents and brokers. Serving the same core markets and partnering with the most stable and reputable carriers, Distinguished’s high-limit Umbrella programs remain the clear choice in its area of specialty for superior coverage, competitive pricing, and attentive service. Through thoughtful innovation, stemming back to 1995, Distinguished Programs fosters growth and opportunities for its brokers, carriers, and employees.
View a full list of our programs and submit business with Distinguished.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20241204333738/en/
Contacts
Ritchie Vener
(212) 297 3190
rvener@distinguished.com
