In the leafy expanses of Canada, where die-hard sports enthusiasts live and breathe their passion, there’s a thrilling development that’s caught the buzz of the collector’s community. Imagine, if you will, a sanctuary where every valued sports card and treasured piece of memorabilia is shielded not only by glass cases but also by the robust arms of tailored insurance coverage. This is no collector’s fantasy; it’s the latest reality brought forth by NFP, a leading property, and casualty broker, in collaboration with Berkley Asset Protection.
This innovative partnership has birthed a specialized insurance program exclusively for Canadian aficionados of sports memorabilia. Given that standard homeowners insurance policies often overlook the unique value and fragile nature of collectible items, this new initiative is a game-changer. Collectors no longer need to fear the gaps in their coverage; this program promises comprehensive protection from the unforeseen, ensuring that significant acquisitions are safeguarded from the moment of purchase.
The brain behind this essential service, Greg Dunn, Managing Director of Personal Risk at NFP in Canada, recognizes the quandary collectors face. Investments in sports memorabilia can be substantial. Therefore, it’s not just about securing an asset, but about securing peace of mind. The coverage notably includes an automatic safety net for new acquisitions and transit coverage, which means that both newly added pieces and long-cherished collections are meticulously protected, whether they’re at home or on the move.
Diving deeper into the details, Olivia Cinqmars-Viau, AVP of fine art underwriting at Berkley Asset Protection, illustrates that the insurance solution is not just a cut-and-paste endeavor but a carefully crafted plan tailored to meet the individual needs of each collector. This bespoke approach acknowledges the layered and evolving nature of collecting sports memorabilia, ensuring that the protection provided evolves in tandem with the collection it guards.
Voicing his support for this newfound security net, Steve Menzie, president and owner of the Sport Card & Memorabilia Expo—Canada’s premiere venue for collectible enthusiasts—points out that collectors often regard their items through a sentimental lens. However, the financial angle of these treasures cannot be ignored. With this partnership between NFP and Berkley, collectors can now enjoy the spectacle of their pursuit without fretting over potential financial losses.
The unveiling, promotion, and detailed exposition of this tailored insurance will be a spotlight event at the upcoming Sport Card & Memorabilia Expo in Toronto scheduled from April 25-28. Collectors and enthusiasts will have the opportunity to engage directly with NFP’s Personal Risk team, who will be on hand to dissect, discuss, and distribute information about the numerous benefits of this coverage.
Moreover, this initiative is part of a broader commitment by NFP to cater to the nuanced needs of diverse collectors across the nation. With a robust workforce comprising over 1,000 staff in Canada and extending to more than 8,000 globally, NFP stands as a bastion of collector support in the insurance landscape. The introduction of this sports memorabilia insurance program isn’t merely about filling a niche in the collector’s market; it’s about building a community and culture of protected passion—the kind that allows collectors to flourish without restraint, making every acquisition a joy and every saved item a legacy preserved. Whether your collection consists of signed hockey sticks, vintage baseball cards, or autographed jerseys, resting assured in the knowledge that your investment is secured allows for a far deeper appreciation of the artifacts you hold dear.
