Our partnership with the Royal Academy of Arts (RA) is dedicated to supporting artists and emerging talents from diverse backgrounds. Our aim is to celebrate and contribute to the rich diversity of artistic expression across varied mediums like prints, paintings, photography, and sculpture. This commitment led to the launch of the AXA Art Prize UK — a £10,000 award celebrating exceptional figurative art from the RA’s long-standing Summer Exhibition. Each year, the participating artwork is showcased and celebrated at our Summer Exhibition Reception, attended by our broking partners, clients, coverholders, and friends.
The 2024 AXA Art Prize UK was awarded to Wendy Freestone for her exceptional work titled "In the Quietest Moments”, selected from the Royal Academy of Arts 2024 Summer Exhibition. Ms. Freestone’s piece captivated the judges with its profound exploration of everyday moments and the intimate portrayal of womanhood. The judges for this year's prize included Jennifer Schipf, Global Chief Underwriting Officer for Fine Art & Specie at AXA XL, Mark Hampson, Head of Fine Art Processes at the Royal Academy Schools, and Gillian Wearing RA, a renowned artist.
As one of the leading Fine Art & Specie insurers in the world, we are pleased to share our latest Art Expert Guide, showcasing the AXA XL Fine Art & Specie team’s broad knowledge and expertise.
The articles delve into topics that often lack sufficient coverage and address some of the issues hotly debated within the arts community.
AXA XL, a division of AXA, is one of the largest Fine Art & Specie insurers in the world. Our Fine Art experts have built a solid foundation based on years of industry experience in understanding the value, both financial and sentimental, when it comes to safeguarding works of art, jewelry, and specie. With AXA XL’s global footprint that includes over 1,200 highly experienced, locally empowered claims professionals managing covered claims in more than 200 countries and territories, we’ll be there for you – wherever and whenever you need us. To learn more, please visit www.axaxl.com
AXA XL offers comprehensive solutions for managing specialty risks across diverse industries, including Fine Art and Specie, Aircraft, Automobiles, Equine, and Marine. With the combined strengths of a large international organization and the focus of a specialty insurer, we provide tailored support to safeguard your business.
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The art market has been undergoing a prolonged downturn, particularly for more contemporary works. But many valuations for artworks going on loan to museums remain artificially high, putting institutions in a potentially difficult position should a claim occur.
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Art, a vibrant realm of museums, galleries, students, and emerging talent, thrives as a dynamic sector. AXA XL's commitment to the art community extends through initiatives like the AXA Art Prize, empowering emerging artists and protecting exhibitions with tailored insurance solutions and expert guidance. Embracing diversity, we strive to amplify underrepresented voices, fostering inclusivity in the art world for a richer cultural landscape.
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AXA XL is proud to reaffirm its ongoing partnership with the Royal Academy of Arts, London (RA), for the AXA Art Prize UK 2025. The prestigious prize will award £10,000 to a remarkable piece of figurative art showcased at the RA's 2025 Summer Exhibition.
Learn moreThis summary does not constitute an offer, solicitation or advertisement in any jurisdiction, nor is it intended as a description of any products or services of AXA XL. AXA XL is a division of AXA Group providing products and services through three business groups: AXA XL Insurance, AXA XL Reinsurance and AXA XL Risk Consulting.
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