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Category : Supply Chain Risk

Supply Chain Risk

Art&Co. Announces the Launch of the World’s Largest Online Art Auction for COVID-19

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Art&Co. addresses a stark statistic that only 3% of natural disasters are covered by Insurance. Funds raised from the online auction comprising more than 200 pieces, will support frontline charities and NGOs providing healthcare, food, medicines and guidance to those affected by the contagion. All donations will be equally distributed to ICU steps, The Care Workers Charity, Khalsa Aid International, Painting Our World In Silver, Solace Women’s Aid and Za Teb. UK charities are forecasted to lose £4 billion over April to June, due to the lockdown. “We don’t heal in isolation but within a community,” said Bundeep Singh Rangar, PremFina’s CEO and Art&Co. founder. “Art&Co. enables finance and insurance companies to support organisations assisting those suffering from the immediate effects of  the coronavirus as well as consequential mental health or domestic violence difficulties.” The auction encourages both individuals and corporates to participate and bid on one-of-a-kind art representing themes connected to these trying times, such as health, nature and spirituality. The funds raised will mostly go to frontline organisations, with the remainder going toward more than 30 freelance artists who are contributing their work and otherwise unable...