Distinguished Programs Announces New Sustainability Initiatives in Fine Art & Collectibles Program

NEW YORK--(BUSINESS WIRE)--Aug 7, 2024--

Distinguished Programs (“Distinguished”), a leading national insurance program manager, has introduced new sustainability-focused initiatives within its Fine Art and Collectibles program, effective immediately. These initiatives reflect Distinguished’s commitment to environmental stewardship in the industry.

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The Distinguished Fine Art and Collectibles program now offers discounts for items stored in LEED-certified buildings, promoting environmentally responsible storage solutions for valuable collections. (Photo: Business Wire)

The program now offers discounts for items stored in LEED-certified buildings, promoting environmentally responsible storage solutions for valuable collections. Additionally, art and collectibles dealers who use sustainable crates and packing materials are eligible for additional coverage for loss or damage to reusable crates or packing materials. These benefits support clients in their efforts to reduce waste and adopt eco-friendly practices.

“These new initiatives are designed to align our insurance solutions with our clients’ values,” said Patrick Drummond, President of the Fine Art & Collectibles group at Distinguished. “By offering incentives for sustainable practices, we are supporting their efforts to make a positive environmental impact while ensuring their collections are protected.”

Distinguished’s broad appetite for Fine Art & Collectibles risk encompasses sectors such as museums, corporate collections, dealers, private collectors, and artist foundations. Clients can expect a range of benefits, including flexible payment options, seamless claims handling, and expert advice on sustainable collection management practices.

The sustainability-focused discounts and extensions of coverage have been filed in most states, making it easier for clients across the country to benefit from these new initiatives. Brokers are welcome to submit business and view state availability on the Distinguished website.

About Distinguished Programs

Distinguished Programs is a leading national insurance program manager providing specialized insurance programs to brokers and agents, with specific expertise in Real Estate & Builder’s Risk, Environmental & Construction Professional, Community Associations, Fine Art and Collectibles, Executive Lines, Inland Marine, Hotels, and Restaurants. Providing outstanding high-limit umbrella programs and primary insurance, Distinguished Programs is the clear choice in its areas of specialty for superior coverage, competitive pricing, and attentive service. Through thoughtful innovation, stemming back to 1995, Distinguished Programs fosters growth and opportunities for its brokers, carriers, and employees. Learn more at www.distinguished.com.

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CONTACT: Ritchie Vener

(212) 297 3190

rvener@distinguished.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: ARTS/MUSEUMS ENTERTAINMENT PROFESSIONAL SERVICES INSURANCE

SOURCE: Distinguished Programs

PUB: 08/07/2024 09:00 AM/DISC: 08/07/2024 09:02 AM

http://www.businesswire.com/news/home/20240807446608/en