LONDON (20th November 2013) – Specialist global insurer Hiscox and fine art broker Richard Thompson Insurance have teamed up to support an innovative new online insurance facility for art and collectibles, Insure My Stuff.
Insure My Stuff offers cover for a wide range of art, antiques and collectables – from toys to old master paintings. The site provides immediate insurance cover for collections up to £250,000, with policy documents available to view and download from the user’s own secure ‘My Stuff’ account, while collections valued over that amount can be brokered offline by Richard Thompson Insurance.
The Insure My Stuff policy provides all risks, worldwide cover for over 58 categories of art and collectables including paintings, porcelain and ceramics, silverware and music or sporting memorabilia. It can be accessed directly or via online valuation service Value My Stuff, also part of the ‘My Stuff’ brand.
Robert Read, Head of Fine Art at Hiscox, commented: “For straightforward risks, the site is a quick and easy way to access specialist cover.”
Alexander Rich, Head of Fine Art at Richard Thompson Insurance Brokers, said: “We have been insuring art and collectables for years and we know how valuable collections are to our clients. Creating an online, instant and affordable collector’s policy makes this insurance available to everyone.”
Insure My Stuff is founded by Patrick van der Vorst, a former Director and auctioneer at Sotheby’s. Patrick appeared on BBC’s Dragons' Den in 2010 and secured investment from Theo Paphitis and Deborah Meaden, both of which are still hands-on with the business.
He added: “Insure My Stuff is an exciting next step on the ‘My Stuff’ journey. It is supported by our team of 62 ex-Sotheby’s and Christie’s valuation experts as well as Hiscox and Richard Thompson Insurance Brokers, who we chose to work with as a result of their proven track record in the fine art market.”
Group Communications Manager
0207 448 6619
Richard Thompson Insurance Brokers:
01932 349 732
Notes to Editors
About Insure My Stuff
Insure My Stuff is part of the ‘My Stuff’ brand which includes Value My Stuff. It was founded by Patrick van der Vorst, a former Director and auctioneer at Sotheby’s, and Value My Stuff appeared on BBC’s Dragons' Den in 2010 – securing investment from Theo Paphitis and Deborah Meaden.
The ‘My Stuff’ brand includes Value My Stuff, Auction My Stuff, Exhibit My Stuff, Transport My Stuff, Restore My Stuff and Pin My Stuff.
About Richard Thompson Insurance Brokers
Established in 1977, Richard Thompson Insurance Brokers Ltd is an independent insurance broking firm, based in the South East of England and with clients worldwide. For the past 35 years they have prided themselves in offering an exemplary, bespoke service.
Insure My Stuff is a trading name of Richard Thompson Insurance Brokers Limited, which is authorised and regulated by the Financial Conduct Authority.
Hiscox, headquartered in Bermuda, is an international specialist insurance group listed on the London Stock Exchange (LSE:HSX). There are three main underwriting parts of the Group – Hiscox London Market, Hiscox UK and Europe and Hiscox International. Hiscox London Market underwrites mainly internationally traded business in the London Market – generally large or complex business which needs to be shared with other insurers or needs the international licences of Lloyd’s. Hiscox UK and Hiscox Europe offer a range of specialist insurance for professionals and business customers, as well as high net worth individuals. Hiscox International includes operations in Bermuda, Guernsey and USA. For further information, visit www.hiscoxgroup.com.
The Insure My Stuff collector’s policy is underwritten by Hiscox Underwriting Limited on behalf of Hiscox Insurance Company Ltd.
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