MICO supports Art Fair Philippines 2021
Malayan Insurance Co. Inc. has supported anew the annual Art Fair Philippines, by insuring the art pieces featured on exhibition during the event, which was held in virtual form this year, a first in the Art Fair's history.
The Yuchengco-led non-life insurer, in partnership with United Kingdom-headquartered reinsurance broker Howden Specialty, was the official insurance partner of Art Fair Philippines 2021.
Malayan Insurance has supported the Art Fair Philippines since its inception in 2013.
“We are very happy to support Art Fair Philippines 2021, which highlights the need and importance of art and how it plays a role in society,” said Mandy Velasquez, head of Malayan Insurance’s Marine and Miscellaneous Casualty Underwriting Department.
The 10-day virtual event featured photo exhibitions, paintings, films, digital media projects, as well as crypto art. It also hosted open studios wherein art classes and workshops were conducted by art experts.
Virtual tours were also undertaken during the event to keep attendee’s interests piqued and experiences interactive. A series of talks were also mounted by artists from all around the globe, sharing their knowledge and experiences with art and art conservation.
Understanding the value of art, Malayan Insurance offers fine arts insurance coverage in the hope of protecting the cultural and historic significance of art, both for private and institutional collections.
The insurance product can cover a broad range of artworks such as paintings, sculptures, antiques, and collectibles, with protection covering instances of fire, water damages, theft and vandalism, and flooding, as well as transit and exhibition risks.
To know more about this product, customers may visit the Malayan Insurance e-commerce site at www.malayanonline.com.
The 91-year old Malayan Insurance is the leading non-life insurer in the Philippines.