Brownhill Insurance Group and their Love Art Insurance brand are generously sponsoring the Young Masters Art Prize 2014.
Gillian Henderson, Company Director of Brownhill, tells us more about their company and their sponsorship of the Prize, including the Private View at Sphinx Fine Art on the 15th October 2014.
Q. Please can you tell us about Brownhill and the services you offer?
Brownhill Insurance Group was established in 1980 and was the first insurance broker to introduce a ‘No Claim Bonus’ for home owners, a scheme we still have in place today. We a family business with a fantastic and dedicated team covering all classes of commercial and personal lines insurances as well as our specialist Art Collectors and Gallery schemes. We have an exclusive VIP Art Club where our clients can benefit from invites to art fairs and exhibitions and special events. We strongly believe in excellent client relationships and all our clients have their own dedicated client manager to look after them. I can say, hand on heart, my staff always go the extra mile.
Q. Why did your company choose to specialise in art insurance?
My late brother-in-law and fellow director Kevin Andrews was so passionate about collecting art that he saw a gap in the market. After getting me addicted too we approached AXA Art and developed our collector scheme for art collectors who can choose a band of cover to suit them which means they do not have to inform us every time they buy a new piece of work. It was a hobby that we turned into a very enjoyable business.
Q, Why have you decided to sponsor the Young Masters Art Prize in 2014?
I met Cynthia Corbett a few years ago through AWAD (Association of Women Art Dealers) when Young Masters was first launched and I thought it was a fantastic idea for young aspiring artists – I have followed it avidly ever since and I have been to every show announcing the winner. I have been so impressed by the works these artists produce and all the hard work that Cynthia and her team put in that I just felt now was a good time to be part of the Young Masters Art Prize.
Q. If you could own any piece of art, what would it be?
I collect contemporary art and there is no one artist that is my favorite – there are far too many I love to choose just one – but I always buy what catches my eye and will give me pleasure. A lot of the work I own also has a story behind it too. I think that is important to always buy what you love, so every piece I own is special to me.
Q. Do you have any practical advice for artists or art buyers who want to insure their work or collections?
I would always advise artists to insure their work, after all it may be a talent but it is also their chosen career. It is important that the broker you choose knows how important your work is to you and that the cover you need properly protects your livelihood.
Collectors also know what they are collecting is special, and treat the work they collect with care. Insurance is there for the times accidents happen, damage occurs or in the event of a burglary. A good broker will be able to help guide you through the claims process if the worst does happen.
It’s your passion, your life, your hobby – so like everything make sure you protect what you love.
Image above: Tamsin van Essen, Vanitas XII and XIII, 2012, porcelain, dimensions variable