NEW YORK — Distinguished Programs (“Distinguished”), a leading national insurance program manager, has introduced new sustainability-focused initiatives within its Fine Art and Collectibles program, effective immediately. These initiatives reflect Distinguished’s commitment to environmental stewardship in the industry.
The program now offers discounts for items stored in LEED-certified buildings, promoting environmentally responsible storage solutions for valuable collections. Additionally, art and collectibles dealers who use sustainable crates and packing materials are eligible for additional coverage for loss or damage to reusable crates or packing materials. These benefits support clients in their efforts to reduce waste and adopt eco-friendly practices.
“These new initiatives are designed to align our insurance solutions with our clients’ values,” said Patrick Drummond, President of the Fine Art & Collectibles group at Distinguished. “By offering incentives for sustainable practices, we are supporting their efforts to make a positive environmental impact while ensuring their collections are protected.”
Distinguished’s broad appetite for Fine Art & Collectibles risk encompasses sectors such as museums, corporate collections, dealers, private collectors, and artist foundations. Clients can expect a range of benefits, including flexible payment options, seamless claims handling, and expert advice on sustainable collection management practices.
The sustainability-focused discounts and extensions of coverage have been filed in most states, making it easier for clients across the country to benefit from these new initiatives. Brokers are welcome to submit business and view state availability on the Distinguished website.