Known in the art world for her risk management expertise, Judith Pearson has joined Breckenridge Insurance Group as president of the newly formed Breckenridge Private Asset Management Group (BreckPAMG). This new entity offers comprehensive risk management solutions for unique liability exposures for high net worth clients and the institutions who serve them.
Prior to BreckPAMG, Pearson was a founder and president of ARIS, the only provider of title insurance for fine art and other important collectibles. She recently was named as an innovator and the only 2015 Power of 100 Leaders in the art world by Blouin/Artinfo International representing innovation in the insurance industry. Pearson has more than 30 years of insurance experience including having served as an EVP at AON and an underwriting manager at Chubb.
“I’ve known Judy as a leader in this niche for some time. The formation of BreckPAMG gives us an opportunity to further collaborate and enhance services we can offer our existing agents and clients while expanding our reach as part of our overall strategy,” says Tracey Carragher, chief executive officer of Breckenridge Insurance Group.
BreckPAMG not only works with transactional intermediaries, but will directly support the needs of financial institutions, family offices, private investors, wealth advisors, artists and art galleries and museums in a variety of risk management and consulting roles. Services include transactional due diligence, provenance (ownership) research, risk analysis and management and a variety of insurance solutions from top-rated carriers.
Pearson says: “The exposures associated within the art world and related investments among high net worth clients and institutions are becoming increasingly complex. From art and object valuation, to tax and legal implications, to trust and transfer issues including innovations in the use of blockchain technology, the BreckPAMG team offers an informed perspective and customised solutions to mitigate these risks.”