{
    "success": true,
    "data": {
        "id": 1711574,
        "msgid": "protecting-artworks-axa-launches-global-insurance-in-indonesia-1777564446",
        "date": "2026-04-30 21:49:36",
        "title": "Protecting Artworks, AXA Launches Global Insurance in Indonesia",
        "author": "Aprillia Ika",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Finance",
        "summary": "PT AXA Insurance Indonesia has introduced the \"Fine Art & Collections Insurance\" product to meet the growing demand for protecting high-value assets in Indonesia's dynamic art market. This globally standardised insurance covers a wide range of valuable items, including paintings, sculptures, antiques, jewellery, and luxury fashion, while being supervised by the Financial Services Authority (OJK). The launch aligns with regulatory efforts to strengthen the insurance industry's role in the national economy and reflects AXA's commitment to safeguarding cultural heritage through its international expertise.",
        "content": "<p>JAKARTA, KOMPAS.com \u2013 PT AXA Insurance Indonesia has launched a\nglobal-standard art insurance solution in Indonesia, in line with the\nincreasing need for protection of high-value assets in the increasingly\ndynamic art market.<\/p>\n<p>The product, titled \u201cFine Art &amp; Collections Insurance\u201d, is\ndesigned to protect artworks and valuable collections that not only hold\neconomic value but also personal and sentimental value for their\nowners.<\/p>\n<p>President Director of AXA Insurance Indonesia, Laurent Bourson,\nstated that the art segment requires more specific protection compared\nto other assets.<\/p>\n<p>\u201cWe see the art and high-value assets segment as an area that\nrequires very specific protection,\u201d said Laurent in an official\nstatement in Jakarta on Thursday (30\/4\/2026).<\/p>\n<p>This product is launched in conjunction with the increasing activity\nin art exhibitions and the growing number of collectors, including young\ngenerations who are starting to actively collect high-value\nartworks.<\/p>\n<p>For their owners, artworks are not only viewed as investment\ninstruments but also as part of identity, inspiration, and cultural\nheritage that needs to be preserved.<\/p>\n<p>The product covers protection for various types of collections, from\npaintings, sculptures, visual arts, ceramics, to high-value items such\nas antique books, jewellery, watches, luxury bags, and haute couture\nclothing.<\/p>\n<p>Fine Art &amp; Collections Insurance is also registered and\nsupervised by the Financial Services Authority (OJK) in the category of\nArt &amp; Jewellery Insurance.<\/p>\n<p>Chief Executive Officer Asia of AXA XL, Sylvie Gleises, added that\nthis collaboration brings global experience in art protection to the\nIndonesian market.<\/p>\n<p>\u201cWith over sixty years of global experience, AXA XL brings\ninternational-standard Fine Art &amp; Collections protection to\nIndonesia through collaboration with AXA Insurance,\u201d said Sylvie.<\/p>\n<p>\u201cOur commitment is not only to provide insurance but also to actively\nplay a role in protecting the value of artworks and preserving cultural\nheritage through a global network of fine arts experts,\u201d she added.<\/p>\n<p>As part of the AXA Group, the company provides general and health\ninsurance solutions through various distribution channels, with service\ncoverage in dozens of cities and supported by thousands of partners and\nagents in Indonesia.<\/p>\n<p>For broader context, the launch of this art insurance product also\noccurs amid regulatory pushes to strengthen the insurance industry\u2019s\nrole in the national economy.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/protecting-artworks-axa-launches-global-insurance-in-indonesia-1777564446",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}