18.–22.11.2020 #artcologne2020

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9th Cologne Art Insurance-Talk

"State liability" - Useful instrument or latent overtaxing of public budgets?

The term "State liability" first appeared in Sweden in 1974 in the context of art exhibitions. Since 1975, the USA have established a very detailed set of rules for granting state guarantees for exhibitions of international importance.

In Germany, state and federal state guarantees have been increasingly issued since 1992. By now parliaments have approved the state guarantees in their public budget with an amount of EUR 6.95 billion, without any budget funds being available for them. For comparison, this amount exceeds the budget of the Federal Ministry of Food and Agriculture or the budgets of the federal states of Bremen or Saarland.

What is the legal basis for state and land guarantees? How is the question handled in other countries? Are sufficient funds immediately available in the event of a major loss? How are claims regulated? Could it possibly be an illegal aid in the sense of EU law? What are the possibilities for insurance companies? Are exhibition insurances really so incredibly expensive? What additional services can be expected from the private sector?

Panel discussion, Friday, 20 November 2020, 10:00 a.m., Europasaal

Discussion (in German only) are led by Peter Grabowski (WDR) – on the panel inter alia:

• Carolin Scharpff-Striebich, art collector

• Dr. Bodo Sartorius, for many years board member in companies that had art insurance as their focus

• Dietmar Telschow, AXA XL Insurance, Germany

• Lorenz Deutsch, the spokesman for cultural policy of the FDP in the North Rhine-Westphalian state parliament

• Peter Raue, lawyer in Berlin

Our experts from the art market, judiciary as well as the insurance industry are sure to provide a stimulating and controversial discussion again.

Please make a note of the fixed date. We would be pleased to welcome you!

Contact for your application: info@zilkensfineart.com
After registration you will receive a login link with chat function for live streaming.


Zilkens Fine Art Insurancebroker GmbH
Eupener Straße 74
50933 Köln
Tel. +49 221 80068-420
Fax +49 221 80068-421
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Video and audio recordings will be made during the event. By participating, you agree to their use.