Quantum provides coverage to many occupations and businesses.
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Quantum offers:
Limits up to $500,000
Ability to package with other products
Combined wording with the following coverages:

• Information Security & Privacy Liability
• Privacy Breach Response Services
• Regulatory Defence and Penalties
• Website Media Content Liability
• PCI Fines, Expenses and Costs
• First Party Data Protection Loss
• Cyber Extortion Loss​

What does pawn brokers insurance cover?

• Goods (Mainly Gold and Jewellery) pledged to the Pawnshop for All risks of Physical Loss or Damage including Public Liability.
• Exhibitions and Auctions should Pawnshop take ownership of goods.
• In some circumstances we can offer Confiscation cover, in the event that police or local authorities confiscate goods that were wrongly pawned.

 
  What are five key considerations when placing pawn brokers insurance?

• Strict security to be in place, good quality Strongroom, Alarm System and Partition.
• Procedural Practices to check ownership of goods being pawned.
• Compliance with Local licensing requirements.
• Knowledge of the Gold and Jewellery Industry.
• Ensuring sharp increases in values are adequately covered. Pawnbrokers can hold large values of stock at any one time.

 
What can Quantum provide?

• Packaged Policies.
• The most Competitive rates and spread of Risk with multiple Underwriters.
• Quick service in the event of a claim due to relationships with Loss Adjusters, local Broker expertise.
• Ability to issue documents quickly as Lloyd’s Coverholders.

​For more information:

• Contact one of our specialist underwriters today.
• You can call us on 1300 974 095, or submit an enquiry via the website.

​​​What is your background in the insurance industry?
I started working in the insurance industry in 1981. I worked for various Lloyd’s Brokers in London that specialised in Aviation and Marine Cargo. In 1990, I started specialising in Specie lines. ​In 2009, I left the London market to join Quantum as a director and to head up the the Asia-Pacific side of the company.   
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What attracted you to Quantum? 
My experience in the Insurance market has led me to believe the best chances of success is to deal with like-minded people. I am very proud of the fact that all my business relationships have been developed over a period of 15 years or more. With Quantum we have a reputation of continuity and trust which works with our Underwriters and Brokers.

There are plenty of other insurers and underwriting agencies - why should a broker use Quantum?
Quantum is a family company, which prides itself on experience and exceptional service. We ensure that each and every client receives that personal touch, an aspect reflected in the high retention of our clients.

We are also perfectly placed in Western Australia for time differences; in a course of day we can deal with Eastern States, Asia and still have enough time to liaise with London, allowing for quick service and turnaround to our clients and Underwriters.   

What does the future hold for yourself and/or Quantum? 
​The market place is changing at a fast pace and although we are forward thinking - ready to face any challenge that the ever-evolving market may throw our way - we will continue to concentrate on our specialist and niche products, whilst developing firm foundations in IT and compliance to keep up with today’s challenges.

For me, Quantum is happy place to work and keeps me on my toes, by presenting plenty of opportunities that both stretch the imagination and continue to develop my ability.

 What does Fine Arts Collections insurance cover?

• Cover for damage to Fine Arts whilst at said premises within Australia/New Zealand.
• Extensions can include Transit, Personal Conveyance & Exhibitions.

 
What are key considerations when placing Fine Arts Collections insurance?

• What is the security like at the insured's premises? Do they have a back to base alarm?
• Valuations for the items & when they were last appraised?
• Will the premises be regularly left unattended?
• Clean Loss History?

​What can Quantum provide?

• Quantum provides All Risks Insurance of physical loss or damage.
• Insurance security from Lloyd’s of London or Axa Corporate Solutions.
• Immediate official documents. Quantum as a Lloyd’s Coverholder is authorised to issue documents on behalf of Insurers.
• Immediate appointment of Loss Adjuster in the event of a loss, with attendance taking place on the same day of any loss.
• Dealing in the same time zone for Asia and Australian Exhibitions. Based in Western Australia enables Quantum to be able to easily co-ordinate with Insurers, Loss Adjusters and Insureds.

For more information:

• Contact one of our specialist underwriters today
• View or download our Fine Art Collection Brochure
• View or download our Fine Art Collections Proposal Form​

​​What does Fine Art Dealers insurance cover?

•  Fine Art, Antiques, Jewellery, Gold, Platinum, Silver, Precious and Semi-Precious Stones, Coins, Cash and Money, Glassware, Giftware and Objects of Art of every nature and description usual to the conduct of the Insured’s business
• This can be whilst situated at the Premises or at other locations or for example Sculptures Outside.
• Cover for Items shown at Exhibitions or Transits to and from Exhibition either Personally conveyed or by Secure Courier

 
What are three key considerations when placing Fine Art Dealers Block insurance?

• Experience within the Industry.
• Security & Operation details at the Premises.
• Claims History.

What can Quantum provide?

• Quantum provides All Risks Insurance of physical loss or damage.
• Insurance security from Lloyd’s of London or Axa Corporate Solutions.
• Immediate official documents. Quantum as a Lloyd’s Coverholder is authorised to issue documents on behalf of Insurers.
• Immediate appointment of Loss Adjuster in the event of a loss, with attendance taking place on the same day of any loss.
• Dealing in the same time zone for Asia and Australian Exhibitions. Based in Western Australia enables Quantum to be able to easily co-ordinate with Insurers, Loss Adjusters and Insureds.

For more information:

• Contact one of our specialist underwriters today
• View or download our Fine Art Dealers Block Insurance Brochure
• View or download our Fine Art Dealers Block Proposal Form​

Investing in Collectables & Personal Use Assets

Many people choose to invest their SMSF in collectibles and personal use assets. Examples of collectables and personal use assets include: 

• Diamonds
• Jewellery 
• Gold
• Silver
• Bullion
• Vehicles
• Boats
• Wine
• Artworks

For more information, visit the ATO's webpage on Collectables & Personal Use Assets 

Important SMSF Rules & Regulations 

Such SMSF investments must be made for genuine retirement purposes, no to provide any present-day benefit. For instance, if you invest your SMSF into a piece of art, it must not be put on display in your house, as that is considered a present-day benefit. View the ATO's webpage on Display or Storage.

Furthermore, the law states that anything you have purchased in the name of the superfund must be insured and it must be insured in the name of the superfund. Such items cannot be insured under your contents insurance - it has to be a separate policy in the name of your superfund. View the ATO's webpage on SMSF Insurance.

What does Quantum offer?

Quantum Underwriting Agencies provides insurance for self-managed superannuation funds in the form of purchased assets, including, but not limited to:

• Specie
• Numismatic
• Philatelic
• Diamonds and gems
• Fine art collections
• Antiques
• Valuables
• Memorabilia and Collectables

We can provide cover in:

• Fine art storage
• Vault storage
• Private premises
• Commercial premises
• Transit
• Exhibition
• Lease

Top Tip: From an insurance perspective, it may more cost-effective to store your purchased assets in a bank vault or safety deposit box, rather than at home. Storing such items at home will most likely be more costly. 

For more information about our SMSF insurance, please view or download the following:

• Private Vault Proposal Form
• SMSF Brochure

 What does private jewellery collections insurance cover?

• Worldwide wearing cover for jewellery collection.
• Cover whilst at the insured's premises.
• Cover whilst in safe or bank vault.

 
What are five key considerations when placing jewellery collections insurance?

• What is the security like at the insured's premises? Do they have a safe to place jewellery in when not being worn? Do they have a back to base alarm?
• Are jewellery items ever left unattended?
• What is the value of the jewellery? When was it last valued? For instance, items with pink or blue diamonds can appreciate a lot over a year. Does the sum insured reflect the true value of the items?
• Does the insured travel overseas with jewellery often?
• How much wearing cover does the insured need? Do they need wearing cover for their whole collection? Or would they only ever wear half their jewellery at one time?

 
What can Quantum provide?

• World wide wearing cover.
• Individually tailored wearing limits. If the insured only require wearing cover for half their collection, they can save money by reducing their wearing limit.
• Like for Like replacements! If the insured damages or loses their jewellery we will send the jewellery back to the jeweller it was purchased from. No block jewellers.
• Quantum provides All Risk Cover for physical loss or damage (Theft, fire, accidental damage).

For more information about our private jewellery collections policy:

• Contact one of our specialist underwriters today
• View or download our Private Jewellery Insurance Brochure
• View or download our Private Collections Proposal Form​

​What does corporate fine art collections cover?

• Full cover for collection whilst at your premises.
• Cover at unnamed locations.
• Exhibition cover.
• Transit cover including via professional couriers and via Personal Conveyance.

 
What are five key considerations when placing corporate fine art collections insurance?

• What does the collection consist of? Is it mainly painting, antiques, furniture or sculptures?
• Where are they located? Are they on display to the public? Are they in the open - for instance, statues and sculptures? Are they displayed at your office or are they stored at a fine art storage facility?
• What security is at the premises both during business hours and at night?
• Have the items been recently valued? How much are the items worth? How much should they be insured for and are these values likely to appreciate or depreciate much over a year?
• Will the items be moved over the year (to valuers, conservators or taken to and from exhibitions). How will these items be moved and does the insured require transit cover?
• Will the items be placed on exhibition? Does the insured need exhibition cover?

 
What can Quantum provide?

• Quantum provides All Risk Cover for physical loss or damage (Theft, fire, accidental damage).
• All policies are 100% Lloyd’s Security.
• Immediate official documents. Quantum as a Lloyd’s Coverholder is authorised to issue documents on behalf of Insurers.
• Immediate appointment of Loss Adjuster in the event of a loss, with attendance taking place on the same day of any loss.
• Based in Western Australia enables Quantum to be able to easily co-ordinate with Insurers, Loss Adjusters and Insureds.

​For more information about corporate fine art collections:

• Contact one of our specialist underwriters today
• View or download our Private Collections Form

What does coin & stamp dealers insurance cover?

• Stock in trade & in trust
• Stock at fairs & exhibitions
• Transit cover for stock including via professional courier or personal conveyance
• Money on premises & in transit
• Contents
• Glass & signs
• Business Interruption
• Public, Product & Pollution Liability

 
What are five key considerations when placing coin & stamp dealers block insurance?

• What is the premises security like both during business hours and at night?
• Are there other locations in which items are stored? If so, what is the security like at these locations?
• What are the premises fire protections?
• Do they often send items away, for instance, if they need to be repaired or sent to external valuers or customers? If so, do they need transit insurance?
• Are the items ever exhibited? If so, do they need exhibitions cover?

What can Quantum provide?

• Quantum provides All Risk Cover for physical loss or damage (Theft, fire, accidental damage)
• No Limits on capacity for stock values
• Worldwide Sendings & Personal Conveyance Cover
• All policies are 100% Lloyd’s Security
• Immediate official documents. Quantum as a Lloyd’s Coverholder is authorised to issue documents on behalf of Insurers.
• Immediate appointment of Loss Adjuster in the event of a loss, with attendance taking place on the same day of any loss.
• Based in Western Australia enables Quantum to be able to easily co-ordinate with Insurers, Loss Adjusters and Insureds.

For more information about our coin & stamp dealers block policy:

• Contact one of our specialist underwriters today
• View or download our coin & stamp dealers block proposal form

• Keep all items in locked cabinets with keys removed.
• Open and close the business with two or more people.
• Jewellery should be stored in the safe or vault after hours. 
• Don't post photos online that reveal merchandise displays or the layout of your store.
• If items are removed from display cabinets, they need to be attended by a staff member at all times. If a customer wishes to view an item and asks the staff member to get something from the back, then another staff member needs to do it or attend the customer.
• To prevent grab-and-run thefts, show only one item at a time and use strong display cabinets. 
• Higher value items should be kept towards the back of the shop, whereas the cheaper items should be kept closer to the door. However, do not keep all the higher value items in one place, as this makes them more vulnerable. 
• Jewellery on display should be substituted for ‘show jewellery’ where possible (replace the diamonds with cubic zirconias).
• Greet every single person who enters the shop – if you greet them and make eye contact it often will put thieves off as you’ve made a point of seeing their face and acknowledging them.
• The shop floor should have an appropriate number of staff for the amount of customers – thieves will often send in someone to distract employees. If there are 5 customers and only 1 staff member there’s no way the staff member can keep an eye on all of the customers.
• The shop floor should not be left unattended if customers are on the shop floor or if customers have access to the shop.
• Most jewellery stores are robbed at opening or closing time, as this is when stock is stacked up on trays for moving to / from the safe. Whilst setting up or packing away, ensure the store doors are locked, there are no customers in the store and no access for people to get into the store. 
• Keep a log of any suspicious incidents or people and share these suspicions with your staff and local law enforcement.
• Employ a code word or phrase to alert staff to suspicious activity. 

Interested in our Jewellers Block insurance? Speak to one of our specialist underwriters today or learn  more about our Jewellers Block insurance here. 
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