Cologne Fine Art
Insurance
Talk #10
Fr 19 Nov
2021
Boris Becker, “Bir el Shadia Hedschas Bahn” from the project “Lawrence von Arabien”, 2010
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Cologne Fine Art
As part of Art Cologne, we invite you to the annual Cologne Fine Art Insurance Talk.
10th Cologne Fine Art Insurance Talk – Anniversary event
KKVG - the tenth. The anniversary event of Zilkens Fine Art Insurance Broker GmbH within the framework of Art Cologne took place on Friday 19 November 2021 and time the theme was:
Price. Value. Sustainable? - The art, the climate and the insurance.
Topics such as the Gallery Climate Coalition and NFT, as well as the contradictions therein were the focus of the tenth event.
How can the art world become greener and more sustainable when even renowned museums are currently entering the cryptocurrency market? Art history classics are being transformed into multiple, energy-consuming NFTs and auctioned off to the highest bidders.
Wasting resources in line with the much-discussed reduction of the carbon footprint? Global trade fair participation versus Virtual Gallery? What about the seriousness of digital artworks? Are we creating a new El Dorado for money laundering?
Is the insurance industry open to new risks such as those created by NFTs? What products does it have in store for its customers? These and many other questions will be discussed astutely and controversially on 19 November.
Under the chairmanship of Peter Grabowski, the panellists included
- Dr. Alexander Wiebe, Managing Director, HDI Global Specialty Underwriting Agency GmbH
- Birgit Vikas, Managing Director, Kunsttrans Spedition GmbH
- Isabel Apiarius-Hanstein, limited partner, Kunsthaus Lempertz KG
- Stefan Kobel, Journalist and Art Market Specialist
- Dr. Günter Winands, Ministerial Director at the Federal Government Commissioner for Culture and the Media
Lectures
Extensive archive of our lectures on art and the art insurance business for you to read.
KKVG #9 2020 | State liability
The term "State liability" first appeared in Sweden in 1974 in the context of art exhibitions. Since 1975, the USA has established a very detailed set of rules for granting state guarantees for exhibitions of international importance. In Germany, state and federal state guarantees have been increasingly issued since 1992. Since then, parliaments ... read more
KKVG #8 2019 | Art Bozen Montevideo
"Art Bolzano Montevideo"? or The limits of the art market!? was the topic of the 8th Cologne Fine Art Insurance Talks of the Cologne Art Insurance Broker Zilkens Fine Art during the Art Cologne fair with around 200 invited guests on April 12th 2019. ... read more
KKVG #7 2018 | Gurlitt, Stern, Flechtheim - who insures me history?
"Who insures history for me?" asked the 7th Cologne Art Insurance Talk. At the invitation of the Cologne art insurance broker Zilkens Fine Art, experts from the insurance industry, art trade and journalism discussed a topic ... read more
KKVG #6 2017 | Art insurance in times of uncertainty
"Art insurance in times of uncertainty" is a rhetorical trick. The business model of any risk insurance is uncertainty. However, this was precisely what the 6th Cologne Art Insurance Talk by art insurance broker Zilkens Fine Art during Art Cologne on 27 April was all about. ...read more
KKVG #5 2016 | Impairment - reality or fiction, curse or blessing?
How much is a work of art still worth after it has been damaged and restored? Who assesses the reduction in value? What interests are involved? These are all questions that the players like to avoid. ... read more
KKVG #4 2015 | Art on Tour
Year after year, the insurance industry shoulders billions of euros so that institutions can make art and cultural assets accessible to a broad public in accordance with their educational mandate. But is the benefit to society worth the risks taken? Where are the limits? How are these risks distributed and can they be cushioned, passed on or even avoided? ... read more
KKVG #3 2014 | Wrong Art - Properly Insured
2012/2013 are years of public uncertainty in the art trade. In New York, the renowned Knödler Gallery closes down because apparently fake works were sold as genuine for years. In Germany, the Beltracchi case is widely reported. Leading auction houses, from Christies to Sotheby's, but also more locally oriented ones like Lempertz, have sold works by Max Ernst ... read more
KKVG #2 2013 | Dispute over values: art and insurance
The central theme of the event was the relationship between "art and values". In the introductory lecture, Dr Stephan Zilkens explained "Aspects of risk management in the art sector" against this background. Taking into account the different ownership structures, he shed light on the two core questions of the insurance industry with regard to fine art: how to specify ... read more
KKVG #1 2012 | Art transports by sea
Art transports by sea: niche for professionals or culture-threatening nuisance? - was the title of the first Cologne Art Insurance Talk initiated and organised by Zilkens Fine Art as part of Art Cologne. Around 120 top-class guests from the insurance industry (primary insurers, reinsurers, art experts, academics, specialist lawyers, ... read more