ISLAMABAD, AUGUST 10: The Cultural Insurance Conference will take place on Tuesday at the Cultural Palace in the Diplomatic Quarter, hosted by the Saudi Ministry of Culture in association with the Insurance Authority.
With the goal of safeguarding and preserving artwork and other cultural treasures in the Kingdom, the event introduces a revolutionary cultural insurance product.
In the case of an accident resulting in the loss or damage of cultural assets, this cutting-edge insurance policy provides financial compensation with coverage commensurate with the damage and fair worth of the assets.
The project seeks to provide a setting that protects historical resources, guaranteeing their survival for next generations.
A remarkable mix of authorities, CEOs, experts from the cultural and insurance industries, and those with an interest in these areas will be present at the conference. T
Engaging conversation sessions with representatives from the Kingdom’s insurance and cultural systems will be part of the event, which will explore the idea of “cultural insurance” and how important it is to preserve cultural heritage.
The Ministry of Culture will also sign an insurance coverage reserved for cultural assets during the event.
The Ministry’s larger initiatives to promote the cultural insurance product and encourage the preservation and protection of cultural assets are demonstrated by the Cultural Insurance Conference.
The Ministry hopes that by holding this event, it will inform and involve interested parties and establish a shared responsibility for preserving the Kingdom’s rich cultural heritage.
