MONTREAL, June 28 /CNW/ -- Today, AXA announced plans to expand its
service offerings in Canada. Beginning immediately, the company will make
available a comprehensive portfolio of customized art insurance products and
related services to meet the growing demands of individual art collectors,
museums, galleries, corporations, galleries, trusts, traveling exhibitions and
artists in the Canadian marketplace.
Building on the successes and expertise of AXA Art, the Group's global
art insurance specialist, AXA will offer in Canada customized policies to
insure objects in every active area of serious collecting, from paints,
drawings and sculpture to rare stamps and coins, antique furnishings,
decorative art objects, vintage wine, rare books to vintage vehicles and
AXA's relationships with preferred Canadian-based brokers will play a key
role in service delivery. Canadian consumers will benefit from the
synergistic relationship between AXA Art and the various entities of AXA in
Canada. This relationship paves the way for access to an impressive art and
insurance knowledge base backed by the strength and financial stability of the
AXA brand. Enhanced service benefits will be augmented by the proficiency of
50 art historians combined with the expertise of renowned curators,
appraisers, shippers, handlers and tax consultants around the world. In
addition, AXA Art's global relationships extends its competencies to
information and guidance on art display, restoration, loss prevention,
security, fire protection, market valuation, proactive planning and instant
The AXA Group distinguishes itself around the world, with a reputation of
industry leadership in product innovation, market development and service
delivery. In Canada, the company's art insurance product and service
offerings will include:
-- Broad, all-risk worldwide coverage.
-- Large and small capacity insurance.
-- Blanket location coverage.
-- Automatic coverage on newly acquired property of up to 25% of total
policy limit within a 90-day reporting obligation.
-- Claims processing.
-- Evaluations that assess the current market values of clients'
-- Loss prevention advice and disaster planning.
-- Transportation, shipping and handling consultation.
-- Fine art collection schedules (inventory and values of all items in
-- Curatorial and collection management services.
AXA in Canada
AXA is a world leader in financial protection with its primary business
activities in Western Europe, North America and the Asia Pacific Region.
Present throughout Canada with 2,250 employees and approximately 4,000 brokers
and advisors, AXA offers its clients, a broad range of property/casualty and
life insurance products designed to help protect against unforeseeable risks,
build wealth and assist in facing their future financially with peace of mind.
In 2006, the AXA Canada's sales amounted to CAN$1.6 billion and its managed
assets at CAN$3.3 billion. To learn more about AXA in Canada, please visit
AXA Art Insurance
AXA Art's global presence is manifested through its international offices
with headquarters in Cologne, offices in Brussels, London, Madrid, Milan,
Paris, Zurich, New York, Chicago, Los Angeles, Hong Kong and Singapore. The
company insures objects in every active area of serious collecting, that
includes paintings, drawings and sculpture to rare stamps, antique furnishings
and vintage vehicles. AXA Art serves a wide range of clients, from first-time
purchasers to the world's most respected collectors, as well as individual
artists, museums, galleries, corporations and public exhibitions. For more
information visit http://www.axa-art.com.
For further information:
For further information: Payce Louis, Senior Vice President of Fine Art
Services International, Inc., +1-646-418-5849, firstname.lastname@example.org; or
Media, Rosalind (roz) Joseph, Communications and Relationship Marketing,
+1-718-710-5181, or email@example.com, both for AXA Art
Insurance Web Site: http://www.axa.com http://www.axa.ca