Trident Announces New Partnership with AXA ART for Museum Insurance Program
Trident Insurance Services, LLC (www.tridentinsurance.net), a member of Argo Group International Holdings, Ltd.(NASDAQ:AGII), an international underwriter of specialty insurance and reinsurance products, announced today it has formed a strategic business partnership with fine art specialty insurer, AXA ART Insurance Corporation, to offer specialty property and liability insurance coverage solutions for fine arts institutions in the United States.
Trident's new museum insurance program is being offered to small and medium-sized museums, art galleries and other cultural institutions in Arizona, Indiana, Michigan, Minnesota, and Ohio with a Total Insured Value (TIV) of up to $20 million. Specialty insurance coverages include auto, crime, Directors & Officers liability (D&O), employment practices liability, excess liability, general liability, property, public officials liability and worker's compensation. Additionally, specialty insurance coverage for fine art collections is provided through AXA ART's ArtPLUS program.
Beginning in the first quarter of 2014, Trident's museum insurance program will also be offered in Alabama, Idaho, Missouri, New Mexico, Oregon, Pennsylvania, South Carolina, Tennessee, and Utah.
"As modern-day museums face ever evolving challenges to treasure and showcase important works of fine art for the public's benefit, Trident and AXA Art have teamed up to help support these efforts," said Ron Vindivich, president, Trident. "Working together, we are committed to ensuring our museum policyholders, and the local independent agents and brokers that represent them, have easy, one-stop access to a robust suite of customizable property and liability insurance solutions."
"AXA ART is pleased to align with Trident to offer comprehensive options for small and medium-sized museums, art galleries and other cultural institutions, as they address the web of complex issues involved in exhibiting, conserving, handling and shipping fine art and valuables," said Christiane Fischer, president and chief executive officer, AXA ART (in the Americas).
For more information about Trident's new museum insurance program, local independent agents and brokers can contact Tim Breadon directly at 210.321.6774 or firstname.lastname@example.org.