Managing the nuances of fine art and specie

Liberty Specialty Markets’ Ross Drabble describes how market changes, geopolitics and climate change are affecting high-value goods

FINE art and specie (FA&S) insurance, which covers high-value, portable and precious assets against physical loss or damage whether they are on display, in storage or in transit, is evolving to face new challenges, from climate change to geopolitics, in addition to market developments.