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Archive for the ‘Partner’ Category

Terrorism for Art Galleries and Dealers – La Playa

Tuesday, May 22nd, 2018

TERRORISM INSURANCE FOR ART DEALERS

None of us like to contemplate terrorism, particularly experiencing it in our own country. But the reality of the 21st Century is it’s here and with the increased use of vehicles and lone shooters causing chaos on the high street, it’s a more tangible and rapidly perpetrated threat than ever before.

If an incident occurs, clearly your first concern will be for your safety and that of your loved ones. But have you considered what a terrorist incident in your area could mean for your business?

As a business owner, the government-backed insurance protection provided is different from what you have as a private individual.

Did you know, for example, that damage caused by a terrorist attack to private property is automatically covered by insurers in both the US and the UK and in the case of a major incident underwritten by the government, but damage to commercial interests are not?

Terrorism is most commonly defined as the ‘use of force or violence and/or threat for political, religious, or ideological purposes and with the intention to influence any government and/or to put the public or any section of the public in fear’. Along with cyber attack, nuclear damage, political violence and radioactivity, it is a standard exclusion on commercial business policies.

You need to opt in for terrorism insurance for your business to recoup your financial loss to stock and property and get your business up and running again quickly. It is also important to note that if you purchase Business Interruption insurance which reimburses you for loss of earnings or increased cost of working as a result of an incident, this is normally only as a result of a physical damage loss.

If your own premises or stock are not actually damaged by a terrorist attack you may well find yourself seriously out of pocket because your customers are steering clear of your gallery or even the entire neighbourhood. This can also happen in the event of a bomb scare or other terrorist threat, even if no actual incident takes place.

You need to consider whether your business will be affected by disruption to local infrastructure, road closures and services as a result. Cover for this may be purchased as an extension.

Depending on your circumstances, terrorism insurance for specialist art galleries and dealers can be expensive and hard to get hold of when not attached to a package policy. Make sure you’re talking to a broker who knows the market and can get you an all-inclusive Dealer’s package, or access quality stand-alone insurance.

Call us or drop us a line in the UK on: +44 1223 200650 or in the US on: +1 646 665 7737 to discuss your needs.

La Playa UK

AWAD welcomes a new partner – ArtBinder

Thursday, May 3rd, 2018
AWAD WELCOMES A NEW PARTNER – ARTBINDER
The Association of Women Art Dealers is delighted to introduce our newest NYC Chapter partner, ArtBinder. ArtBinder is the leading digital platform for the art world, used by art professionals in over 65 countries. Galleries, art dealers, assistants, advisors, collectors, and artists love their app, ArtBinder Mobile, to present, share, and sell their artworks.
They are also weeks away from launching ArtBinder Premium, their comprehensive inventory and contact management system. If you’d like to learn more about any of their products and how ArtBinder can help your business, don’t hesitate to contact their team and they will be glad to help you! They can be reached at hello@artbinder.com or +1 212-896-8922.
For more information on ArtBinder, visit their website and follow them on Instagram.

Art Fair Liabilities: Have you got it covered? – A post by AWAD Partner La Playa: Insurance with Intelligence

Monday, February 5th, 2018

With Art Fair season rolling around every quarter, or every month if you exhibit overseas, there never seems to be “down” time during which you can properly take stock, deal with your in-tray and assess your overall annual needs, rather than just planning for the next event.

“What will I exhibit?” “Do I have enough people to staff both the fair and the gallery?” “Does my insurance cover what I want to do?”

An area we find UK gallerists frequently struggle is with exhibiting at art fairs overseas, particularly in the States. If your insurance policy is with a UK insurer or broker, they may not be able to give cover for your stock or more importantly, your liabilities to the public and other third parties, whilst you are abroad. (more…)

News from our Partners at Irenicon: GDPR What does it mean for your gallery?

Tuesday, September 12th, 2017

This article was written by Annabel Kaye, Founder of Irenicon, and KoffeeKlatch  AWAD’s Partner in the field of Human Resources & Legal Support.

Image courtesy of Markus Spiske via Unsplash

You are going to hear a lot about GDPR – the General Data Protection Regulations that come into effect in the UK in May 2018 along with the rest of the EU.  There are some things you really need to know to protect your business.

 

Data is in your gallery business is like cash in your house

Think of the way you currently handle your client data as if you were dealing with cash they left in your house.   The data your customers share with you is money they leave in your house.    It’s their money but they let you keep it for them.

Inside your house is a safe where you put the high-value items and the things you don’t want visitors to see.     You don’t put everything there.  It is a nuisance to get it in and out of the safe every time you need it.  But if it is sensitive, confidential or money you keep it in the safe.

You don’t leave your doors and windows open with cash on the kitchen table.   When you are on holiday or away from your house you take care that your safe is locked and the burglar alarms are on.  You don’t just pack up everything in the house and take it on holiday with you in case it comes in handy.

You move cash and documents around inside your house and you assume it is OK with your customer if you move their stuff from one room to another.  You assume that as long as it stays in your house that’s fine.

 

GDPR affects anyone doing business in Europe

Brexit is not going to get the UK out of this.  Anyone doing business in Europe is going to have to pay attention to this.

 

GDPR is a whole rebuild of how you think about permission

GDPR is a whole new way of looking at what permissions you need when to do what.   You are not going to be able to say – they came to my house so of course, I had permission to take all their cash.   Implied permission (they must have wanted me to do that) and a lot of well-established marketing techniques and mailing lists are going to need an overhaul.   Nor can you assume that because they visited the kitchen you have permission to take their cash to the bedroom.

You can rebuild in good time for the changes – and start looking at how you handle all this data that comes in and out of your data house, or you can hope for the best.

What’s your plan?

If you need to think about this, do not hesitate to contact  Annabel Kaye, Founder of Irenicon, and KoffeeKlatch  AWAD’s Partner in the field of Human Resources & Legal Support

News from Our Partners: Photographer Vladislav Kolev documents the Store Street Framing Workshop

Thursday, March 30th, 2017

Vladislav Kolev is London based visual artist working with photography. AWAD’s London Partners in matters of framing and related services, Store Street Framing asked him to spend some time in their workshop and make a piece that illustrates the great craft and sheer hard work that goes into hand-finished frames. Kolev came back with some beautiful images, a selection of which are seen here courtesy of the artist and Store Street Framing, and many more can be seen via this link.

My fascination with photographic images began before I even got my first camera. My interest in photography grew almost instantly after many years of painting, making sculptures and mixed media experiments. I see it as a natural progression that I moved into photography full time where a combination of things that dwelled inside me found their way out through this medium.

Artist’s Statement by Vladislav Kolev

Store Street Framing April 2017 Blog (Hand Painted Frames Image)

Store Street Framing April 2017 Blog (Stool + Leaf Image)

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