Fine Art Insurance Market is Booming Worldwide | Progressive, Chubb, Assicurazioni Generali
Research Reports
Apr 16, 2022
The latest study released on the Global Fine Art Insurance Market by AMA Research evaluates market size, trend, and forecast to 2026. The Fine Art Insurance market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
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Definition and Brief Information about Fine Art Insurance:
Many insurance companies insure works of art, but the choice of insurance depends on the size and value of the art collection, as well as the type of coverage that is required. Fine arts is the art that was primarily developed for aesthetics or beauty and is different from decorative or applied arts, which must also fulfill a practical function, such as ceramics or most metalwork. In the aesthetic theories developed in the Italian Renaissance, the supreme art was that which allowed the full expression and display of the artist’s imagination without being limited by any practical considerations, such as those involved in the manufacture and decoration of a teapot play a role. Even within the visual arts, there was a hierarchy of genres based on the amount of creative imagination, with history painting being ranked higher than still life. Anyone who has an “insurable interest†in the specified work of art can insure this. The United Kingdom Fine Art Insurance market was valued at USD 378.54 Million in 2020 and is expected to reach USD 627.01 Million by 2026, growing at a CAGR of 6.51% during 2021-2026.
This Report also covers the emerging player’s data, including: competitive situation, sales, revenue and global market share of top manufacturers such as:
Progressive Corporation (United States), CPIC (China), Chubb Limited (United States), Allianz SE (Germany), Ping An Insurance (China), Assicurazioni Generali (Italy), AXA (France), AIG (United States), Aon plc (United Kingdom), Zurich Insurance Group (Switzerland)
Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Fine Art Insurance Market various segments and emerging territory.
Market Trends:
- Growing Awareness About the Fine Art Insurance
Market Drivers:
- Growing Interest in Art Works Such as Sculptures, Photographs, and Paintings
- Rising Emphasis on Art Development
Market Opportunities:
- Increasing Number of Investors in Fine Art
- Emerging Talents in Art Works
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The Global Fine Art Insurance Market segments and Market Data Break Down are illuminated below:
by Type (Property Insurance, Title Insurance), Application (Private, Commercial), Damage Covered (Loss of Art, Scratches, Stains), Artwork Type (Drawing, Painting, Printmaking, Sculpture), End-User (Private Collectors, Art Dealers & Galleries)
What benefits does AMA research study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Strategic Points Covered in Table of Content of Global Fine Art Insurance Market:
- Chapter 1 – Executive Summary
- Chapter 2 – COVID-19 Impacts on Fine Art Insurance Market
- Chapter 3 – Fine Art Insurance Market – Type Analysis
- Chapter 4 – Fine Art Insurance Market – Application/End-User Analysis
- Chapter 5 – Fine Art Insurance Market – Geographical Analysis
- Chapter 6 – Fine Art Insurance Market – Competitive Analysis
- Chapter 7 – Company Profiles
- Chapter 8 – Fine Art Insurance Industry Analysis
- Chapter 9 – Industrial Chain, Downstream Buyers, and Sourcing Strategy
- Chapter 10 – Marketing Strategy Analysis
- Chapter 11 – Report Conclusion and Key Insights
- Chapter 12 – Research Approach and Methodology
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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Craig Francis (PR & Marketing Manager)
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sales@advancemarketanalytics.com
Contact Information:
Contact Us: Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 (206) 317 1218 sales@advancemarketanalytics.com
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