In the grand arena of collectibles where rare sports cards and memorabilia stand as cherished trophies, the shadow of risk constantly looms, casting a pall of potential loss over prized collections. Recognizing this, NFP, a frontline property and casualty broker in Canada, has unveiled a gleaming shield of protection for these treasures through a custom-tailored insurance program. This initiative, crafted hand-in-hand with Berkley Asset Protection, is a game-changer, specifically engineered to guard the high-value sports relics that often slip through the cracks of standard homeowners insurance policies.
In the intricate dance of collecting, where every piece holds more than just monetary value, the need for specialized insurance becomes paramount. Enter Greg Dunn, Managing Director of Personal Risk at NFP in Canada, who plays a pivotal role in this new strategic move. Dunn isn’t merely peddling a policy; he’s offering a sanctuary for the investments of serious collectors. He understands that in the world of collecting, each acquisition is not just an addition but an extension of the collector’s domain. His emphasis on the significance of this coverage unveils the truth that these aren’t mere possessions, but pieces of history held in trust by those who cherish them.
Providing more than just a safety net, the program is studded with features like automatic coverage for new acquisitions and an all-encompassing transit coverage. This is not just an insurance policy—it’s a cloak of invisibility against the myriad threats that face these valuable items, from the moment they change hands to the time they rest behind the sanctity of display glass.
Olivia Cinqmars-Viau, the AVP of fine art underwriting at Berkley Asset Protection, steps into the narrative with a curator’s precision. She paints a picture of an insurance solution not made with a broad brush, but with the fine strokes needed to cater to the unique canvases of individual collectors. Her insights into the program’s customized nature illustrate a deep understanding of the collector’s psyche, where each item resonates with a story, a memory, or a milestone.
On the frontline of the collectibles field, Steve Menzie, president and owner of the Sport Card & Memorabilia Expo, Canada’s premier gathering for collectors, also throws his weight behind this innovative insurance offering. Menzie sees beyond the sentimental ties that bind collectors to their pieces; he calculates the tangible value at stake. His perspective underscores a fundamental aspect of collecting—emotional investment intertwined with financial foresight.
This initiative could not come at a better time, as NFP’s Personal Risk team gears up to meet and greet collectors at the upcoming Sport Card & Memorabilia Expo in Toronto. With a squad of over 1,000 staffers in Canada and a global battalion exceeding 8,000 members, NFP is not just participating in the expo; it is making a statement. This deployment at the expo from April 25-28 is more than just an introduction of services—it’s an educational crusade to armor collectors with knowledge and understanding about safeguarding their collections effectively.
This collaboration between NFP and Berkley isn’t merely about selling insurance; it’s about fostering a community of collectors, enlightened about the value of their holdings, and insured not just in policy but in practice. In this venture, collectors are not just acquiring insurance; they are securing a legacy. As NFP and Berkley pave this new path, they are not just altering the landscape of collectibles insurance, they are setting a gold standard, ensuring that what is valued is truly protected.
