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  • 1.  Insurance and liability for content

    Posted 05-06-2022 04:02 PM
    On December 9, 2021, we opened the first phase of the virtual Museum of Political Corruption.  We are new at this and since the venue is not traditional, we are not sure what type(s) of insurance coverage we need.   

    Since we do not have a physical collection to speak of, we are mostly concerned with the potential for lawsuits regarding our content.  As an example, among our current galleries we have a Hall of Shame, which presents individuals, historical and contemporary, whose actions have generally been accepted as demonstrative of political corruption. Currently, we have 5 "winners," or "losers" depending on your point of view, and plan to add 5 more each year.  We realize this could be a tricky situation and are in the process of writing up our criteria for this particular "award."

    Our questions are: how do we protect ourselves from potential lawsuits, how much insurance do we need, and are there insurance agencies that specifically cover museums and their content materials.

    Thank you,

    Donna Kuba
    BOT, Museum of Political Corruption.
    AAM Annual Meeting & MuseumExpo, Baltimore, May 16-19, 2024, click to learn more


  • 2.  RE: Insurance and liability for content

    Posted 05-06-2022 04:05 PM

    It sounds like you may need Directors and Officers (D &O) liability insurance. Policies are readily available from most brokers and your local broker can advise you on what may be relevant in your state.

     

    Regards,

     

    Diane Gutenkauf
    Senior Assistant Director, Operations & Strategy
     
    University of Illinois Urbana-Champaign
    College of Fine and Applied Arts
    Krannert Art Museum
    500 East Peabody Drive | M/C 592
    Champaign, IL 61820
    217-333-3437 | dianeg3@illinois.edu
    kam.illinois.edu
     
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    Under the Illinois Freedom of Information Act any written communication to or from university employees regarding university business is a public record and may be subject to public disclosure.

     




    AAM Annual Meeting & MuseumExpo, Baltimore, May 16-19, 2024, click to learn more


  • 3.  RE: Insurance and liability for content

    Posted 05-06-2022 04:11 PM
    Thank you Diane,

    That does sound like something we should look into.

    Best,

    Donna



    AAM Annual Meeting & MuseumExpo, Baltimore, May 16-19, 2024, click to learn more