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New dealer insurance from PNG

A new insurance program has been set up by the Professional Numismatists Guild.


The enhanced plan is available to current and new PNG members.

It is underwritten by Willis Towers Watson, a global leader in coin, paper currency and precious metals insurance brokerage, according to PNG Executive Director Robert Brueggeman.

Provisions of the new insurance program for dealers include:

• Automatic PNG members Insurance Premium Discount;

• Employee theft coverage;

• Elimination of weekend or holiday restrictions for Federal Express;

• A “No Claims Bonus Credit” payable at the end of the Policy term for remaining loss free;

• New Loss Settlement and Valuation wording providing extra coverage and peace of mind;

• Exhibition Show Expense Extension for non-recoverable expenses if a coin show were unexpectedly canceled;

• Private Collection coverage (for dealers’ private collections).

“Additionally, Willis Towers Watson has been authorized by Lloyd’s of London to expedite and settle lower-valued claims. A loss fund for claims has been established so that claims can be settled and paid quickly,” said Brueggeman.

For information about joining PNG, visit

This article was originally printed in Numismatic News Express. >> Subscribe today

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