Dual North America Inc., part of Howden Group Holdings Ltd., Thursday said it has secured $100 million per risk capacity for fine art, jewelry, couture, wine and spirits, and other valuable assets.
The new capacity covers risks including wildfire, hurricane, earthquake and flood for private collectors, galleries, museums and corporate collections, the specialty program administrator said in a statement.
The move is in response to clients’ desires for more substantial coverage, Peter Gosselink, executive vice president, fine arts, said in the statement.
Dual North America Inc. has 14 offices in North America that underwrite and manage insurance programs, according to its statement.
