Intelligence: Fine art - Putting insurers in the picture
Fine art is a very traditional and discreet market, with lack of data making it hard to price risk accurately. Valerie Hart explores how IT solutions could lead to greater transparency and insurers making more informed decisions.
This year the art market bounded back as sales generate record amounts, including a Picasso at $103m (£78m), a Basquiat at $93m and a Botticelli at $92m. While the 35-lot Macklowe Collection sold in
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