Industry caps coverage for art fairs. Galleries taking part at fairs such as Frieze could have difficulty insuring the art on their stands in the future. The warning comes from Richard Northcott, executive director of the art, jewellery and private client division at Heath Lambert Group, London, who says that re-insurance companies—firms that protect specialist fine art insurers—are becoming increasingly wary of insuring too much art in any one place at the same time.