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You’ve bought some art. Now what?

A guide for new fine art collectors

Author

Harry Syms and
Ruby Chan
December 14, 2023
Two individuals carefully hanging a large piece of artwork on a wall in a clean, modern interior space.

Starting an art collection is an exciting and rewarding undertaking. It involves hours of research, learning, and exploring galleries and art fairs. Below, our specialists in the WTW Fine Art team share some practical matters to consider once you have made your purchase:

Depending on your geographical location, climate control measures can also vary.

The majority of claims happen when an artwork is moved from one location to another.

While lending is common practice, collectors are still advised to be cautious.

Always make sure to find a reputable appraiser to handle your artwork.

Authors

Harry Syms

Associate Director - Fine Art and Specie, UK

Ruby Chan, Manager, Fine Art, Jewellery and Specie – Asia

Ruby Chan

Manager, Fine Art, Jewellery
and Specie – Asia

(English, Cantonese & Mandarin Speaker)

Contacts

Photo of Alexia Hicks

Alexia Hicks

Head of Fine Art, UK

Alexia has over 16 years’ experience in fine art insurance and heads up the Fine Art team in London. Alexia is responsible for the design and placement of the insurance programs for some major art galleries, auction houses and specialist fine art logistic companies as well as a number of significant museums, exhibitions and private, corporate & state art and jewellery collections worldwide.

Alexia is recognized as a leading broker in the international fine art insurance and risk management sector, providing clients with innovative and cost-effective alternative risk transfer solutions for their art-related activities.

Trevor McGarry

Head of Cargo & Specie, GB

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