Liberty Specialty Markets has formally launched its fine art and specie insurance services across Asia, signalling a significant expansion of the company’s specialised coverage for individuals and businesses managing high-value assets. The move positions Liberty as a competitive player in a rapidly maturing market for fine art, collectibles, and other tangible valuables.
The newly introduced product suite offers comprehensive protection for fine art, general specie, cash-in-transit, and jewellers’ block, enabling tailored solutions for clients with complex risk profiles. Limits of up to $250 million can be underwritten for fine art and general specie, while coverage for cash-in-transit and jewellers’ block reaches $30 million, reflecting Liberty’s capacity to support substantial exposures in the region.
This initiative is underpinned by a global team of nearly 40 fine art and specie specialists, combining deep local market knowledge with international expertise in underwriting and claims management.
“The region’s market for high-value assets is evolving quickly. Beyond traditional paintings, we insure a wide variety of items that are valuable to both individuals and institutions, including bullion, collectible cars, and wine and whiskey collections,” said Edrick Tang, Senior Underwriter, Fine Art & Specie Asia.
Tang, who joined Liberty in January 2026, leads the underwriting operations and growth strategy for the product line in Asia. He collaborates closely with brokers, agents, and clients to structure bespoke placements, reflecting the increasingly sophisticated needs of the market.
Key Features of Liberty’s Asian Fine Art & Specie Offering
| Coverage Type | Maximum Limit (USD) | Description |
|---|---|---|
| Fine Art & General Specie | 250,000,000 | Paintings, sculptures, antiques, bullion |
| Cash-in-Transit | 30,000,000 | Secure transportation of cash or valuables |
| Jewellers’ Block | 30,000,000 | Coverage for retail and wholesale jewellery stock |
| Collectibles & Special Items | Flexible | Cars, wine, whiskey collections, and other valuables |
Industry analysts note that Asia’s high-value asset market is seeing growing demand for bespoke insurance solutions as private collectors and institutions diversify their portfolios. Liberty’s move into the region aligns with a broader trend among international insurers seeking to combine global underwriting capacity with local expertise.
With Tang at the helm, Liberty Specialty Markets aims to leverage its global network while offering highly customised solutions to meet the nuanced needs of Asian clients, from bullion holdings in Singapore to collectible cars in Hong Kong.