PRESS RELEASE

2018.11.28

TERRADA ART ASSIST, Warehouse TERRADA’s Affiliated Company Created a Partnership with AIG General Insurance Company, Ltd.

TERRADA ART ASSIST Co., Ltd., an affiliated company of Warehouse TERRADA created a partnership with AIG General Insurance Company, Ltd. in the general insurance related service specialized in fine art which it has just launched.

TERRADA ART ASSIST will not only offer art specialized services including storage, transportation, restoration and others to Fine Art Insurance* policyholders, but also will be engaged in sales of insurance products to guarantee the safety of clients’ valuable art collections, along with comprehensive risk management.

In order to enhance art related services, Warehouse TERRADA established TERRADA ART ASSIST, and our storage technologies for artwork have been receiving a great reputation in art industry. Also, we have been engaged in a restoration business to raise the value of stored items and pass it on to future generations, and other art related services including transportation, safekeeping, installation, and packing of artworks.

As the art market is becoming diversified, the risk management needs for damage of artworks is expected to grow further. With the launch of this new insurance service, TERRADA ART ASSIST is going to provide various one-stop services to respond to customers’ demands for their artwork while continuing to enhance our art related business.

*The name of insurance product specializing fine art by AIG General Insurance Company.

About TERRADA ART ASSIST

Company Name: TERRADA ART ASSIST Co., Ltd.
Main Business: Art transportation, storage, installation, packing, restoration, insurance and more
Representative: Yasuyuki Korekawa, CEO
Address: TERRADA ART COMPLEX, 1-33-10 Higashi-Shinagawa, Shinagawa-ku, Tokyo, Japan
Foundation: April 2016
URL: https://terrada-art-assist.co.jp/

About AIG General Insurance Company

Company Name: AIG General Insurance Company, Ltd.
Main Business: General insurance business
Representative: Kenneth Reilly, President and CEO
Address: 3-20, Toranomon 4-chome, Minato-ku, Tokyo 105-8602
Foundation: November 1946
URL: https://www.aig.co.jp/sonpo

About Warehouse TERRADA

Company Name: Warehouse TERRADA
Representative: CEO, Yoshihisa Nakano
Address: 2-6-10 Higashi-Shinagawa, Shinagawa-ku, Tokyo 140-0002, Japan
Foundation: October 1950
URL: http://www.terrada.co.jp/
Contact: Warehouse TERRADA PR Group E-MAIL: pr@terrada.co.jp

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