Fine art & specie
Fine art & specie insurance
MNK Re’s fine art & specie team provides global cover for the physical loss or damage of valuables, whether on display, in storage or in transit. Asset classes such as cash, bullion, jewellery, or art are in storage, in transit or on display, our fine art & specie insurance gives you the peace of mind to know that they are protected from loss or damage.
MNK Re provides you with risk solutions that meet your specific needs. We specialise in both large and small collections for both private individuals as well as commercial organisations and exhibitions. We deal with specialist underwriters who are well versed in dealing with high value and often sensitive risks. Our range of specialist fine art and specie cover includes offering fine art, specie, cash in transit and jewellers’ block insurance cover. Our fine art clients include commercial galleries, dealers and auction houses, with a particular focus on private collections, museums and fine art exhibitions.
The specie risks underwritten are predominantly vault exposures for the storage of bullion, cash and negotiable and non-negotiable securities. Being a specialist Lloyd’s broker, all our risks are placed in Lloyd’s of London either on direct insurance or on reinsurance basis. We also cover banks and financial institutions on a physical loss or damage basis. Cash in transit and jewellers’ block cover can also be provided on a premises or transit basis. The business underwritten emanates from all over the world and we cover the risk while in transit and/or at rest. We also offer war and terrorism cover in conjunction with fine art and specie risks.
Cash in vault
All risks, physical loss or damage
Jewellers' block insurance
MNK Re’s provides coverage support for all aspects of the jewellery trade, including wholesale, retail and manufacturing, along with associated trades such as pawnbrokers. We are a specialist Lloyd’s of London broker and have been providing support for jewellers’ block insurance for a long time. Jewellers’ block insurance coverage can be tailored to meet the needs of gold and diamond and other precious metals mining industry, jewellery manufacturers, wholesalers and retailers of jewellery and ornaments. The coverage may range from loss of damage due to fire and theft while in transit or in the showroom. We can also provide jewellers block insurance which is more comprehensive in terms of coverage and may include personal entrustments and window smash. Coverage can also be extended to include exhibitions.
Cover may be extended to include general business contents, glass, buildings, exhibitions/shows and loss of profits on a fire and perils basis.