Collateral Insurance Provenance 
Art Peritus
JANUARY 31, 2025
According to the insurance firm Marsh McLennan , luxury assets have grown in value by 123% over the past decade, establishing themselves as a meaningful asset class. Like conventional assets such as real estate, stocks, and bonds, passion assets can also serve as collateral for loans, provided their value exceeds the debt plus interest.
Art Appraisal Resources
AUGUST 3, 2023
The appraisal often serves as an important document which details important aspects of the items condition, medium and provenance, as well as exhibition history if known. Insurance Coverage Artwork, especially valuable contemporary pieces, can be a significant asset that requires proper insurance coverage.
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