Our partner Luis Alberto Garcia has been interviewed by the journal “Expansion” for their article “Millions of €uros in insurance to protect travelling works of art”.
The article explores how these temporary art exhibitions can go ahead in the major national museums thanks to the concession of State guarantees and the contracting of private fine art insurances that insure the recovery of the financial value of the art in the event of any incident.
In the article, Luis looks at not only the legal regime applicable to the guarantees offered by the State, but also the most common terms incorporated into private fine art insurance, and lacking at this time, of any specific legal regulation in Spain.