Crown Fine Art Received GRASP Certification
Crown Fine Art received the official Global Risk Assessment Platform (GRASP) certificate for Belgium, Germany, Netherlands, Finland, Russia and four locations in the United Kingdom. GRASP is a sophisticated web-based risk assessment and management tool that allows fine arts logistics services clients the ability to track risk assessment survey programmes, manage mitigating actions, conduct trend analysis and run management reports across their risk profile.
GRASP was established following the fire of a major fine art storage facility in London in 2004. It is now a risk management tool for underwriters world wide and in Lloyds of London. GRASP standards are the basis for the new CEN (European Committee for Standardization) approval and standards number, which is in the final stages of formalization.
The programme covers the following areas:
• Human Resources and Training
• Facility Administration
• Key and Combination Controls
• Building Design and Construction
• Building Inspection and Maintenance
• Electronic Security
• Fire Suppression and Equipment
• Environmental Alarm Systems and Monitoring
• Inventory Control
Facilities that agree to undergo the survey process and become certified are more visible and desirable to insurers, particularly when collectors and art borrowers require insurance on travelling collections/exhibits. Underwriters are able to identify the facilities that have been assessed under the GRASP programme and have subsequently been certified under the Art Protection scheme. Additional Crown Fine Art facilities are currently undergoing the certification process and will be announced at a later date.
Jeroen Bulk, regional quality and risk manager, Crown Fine Art Continental Europe, stated: “GRASP certification is a great way to assure our customers of our ability to provide the highest quality of service as well as the highest level of safety and protection worthy of their priceless works of art and treasures.”