Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

PremFina's Art&Co. Disperses Funds to Painting Our World in Silver


News provided by

PremFina

04 Dec, 2020, 08:00 GMT

Share this article

Share toX

Share this article

Share toX

LONDON, Dec. 4, 2020 Art&Co. ("Art&Co."), an initiative connecting the worlds of art, finance and support groups brings continued relief to COVID-19 victims. It is backed by PremFina ("PremFina" or the "Company"), the U.K.'s first venture capital backed alternative insurance premium finance company.

Art&Co. addresses a stark statistic that only 3% of natural disasters are covered by Insurance. Funds raised from the online auction comprised of more than 200 pieces, supported frontline charities and NGOs providing healthcare, food, medicines, and guidance to those affected by the contagion.

Continue Reading
This image opens in the lightbox
Emsky_The Coverts of Imagination
This image opens in the lightbox
PremFina’s Art&Co. Disperses Funds to Painting Our World in Silver
This image opens in the lightbox
Salvad
This image opens in the lightbox
Nathan Eastwood_Passing by Enamel on board
This image opens in the lightbox
Lorein_Womb Bloom

Art&Co. has been featured in BBC World Radio, Bloomberg, Yahoo News, Business Insider, The Independent, The Art Newspaper, Evening Standard, Gulf Today, Eastern Eye, 1883 and many more.

Art&Co. is a charitable project backed by PremFina and InsurAid. InsurAid is an industry movement that's "unconditionally supporting the uninsurable" during such times of unforeseen catastrophes, that insurance companies are virtually unable to predict, let alone calculate and price for the risk of potential causal loss.

Painting Our World in Silver, Lisa Powis said 'Due to COVID-19, this year has been particularly difficult for vulnerable seniors who have been isolating for many months. We are grateful and delighted to be supported by Art&Co. and their support has enabled us to deliver more craft care packages to vulnerable seniors. Our seniors are so grateful, and we thank Art&Co. for their funding.'

"COVID-19 motivated me to fly my mother over to my London home from her home in Canada, so that I could be with her during this global pandemic. As many can relate, no one wants to be barred from seeing their family. The pandemic has caused many deaths of senior citizens in care homes and hospitals around the world. Painting Our World in Silver cares for older individuals who are socially isolated by bringing them together for social activities whilst delivering care packages to the ones who need the extra help."  Art&Co. Founder and PremFina CEO, Bundeep Singh Rangar

UK charities lost billions due to the lockdown with most global COVID-19 deaths being individuals over the age of 50.

Art&Co. had 13 lots x 19 pieces each, symbolic of the COVID-19 virus. There was a collection of 247 items, representing the 24/7 viral attack worldwide.

This charitable initiative 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 to sell art due to the lockdown. The artwork purchased will become a tangible display of their efforts to support those challenged in the years to come and can be used as a part of their Corporate Social Responsibility goals.

The auction supports Art&Co.'s mandate to support those affected by humanitarian disasters, public health and safety crises, focusing on events for which insurance is scarce or unavailable.

London-based insurtech firm PremFina's shareholders include global investors Rakuten Capital, the investment arm of Japan's Rakuten, a global leader in e-commerce and fintech, the UK's Draper Esprit Plc, backed by Silicon Valley billionaire Tim Draper, Thomvest Ventures - the venture capital firm of Peter Thomson, whose family is known for its namesake Thomson Reuters Corp., Emery Capital, US-based Rubicon Venture Capital, London-based Talis Capital and the company's founder.

About PremFina Ltd

PremFina Ltd is a UK-based premium finance company that promotes financial inclusion by enabling the payment of insurance premiums via instalments. It supplies insurance brokers with funding lines and also enables broker-funded and branded credit agreements via its Software-as-a-Service (SaaS) and also enables affiliate IXL PremFina Ltd. With PremFina, brokers receive higher profit, greater autonomy, and the opportunity to increase the lifetime value of their customers as well as cross-sell and up-sell additional products. PremFina's shareholders include global investors Rakuten Capital, Draper Esprit Plc, Thomvest Ventures, Emery Capital, Rubicon Venture Capital, Talis Capital and the company's founder.

Art&Co. website:
https://www.artandco.net

PremFina website: 
https://www.premfina.com

InsurAid website:
https://insuraid.co.uk/

Charities that Art&Co. work with:

Solace Women's Aid website:
https://www.solacewomensaid.org/

The Care Workers Charity website:
https://www.thecareworkerscharity.org.uk/

ICUSteps website:
https://www.icusteps.org/

Khalsa Aid website:
https://www.khalsaaid.org/

Race on the Agenda (ROTA) website:
https://www.rota.org.uk/

Za Teb website:
https://zateb.org/

Painting our World in Silver website:
https://www.silvercharity.org/home

Some Art&Co. Press:

Evening Standard: https://www.standard.co.uk/culture/artco-auction-dali-picasso-warhol-coronavirus-charity-a4453686.html

The Independent: https://www.independent.co.uk/arts-entertainment/art/news/coronavirus-charity-worlds-largest-art-auction-picasso-dali-a9537236.html

Bloomberg: https://www.bloomberg.com/press-releases/2020-05-28/art-co-announces-the-launch-of-the-world-s-largest-online-art-auction-for-covid-19-kaqo1k3r

Gulf Today: https://www.gulftoday.ae/culture/2020/05/30/launch-of-the-worlds-largest-online-art-auction-for-coronavirus-announced

Yahoo News: https://money.yahoo.com/worlds-largest-art-auction-covid-124400702.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAADZ17gs7viBNB_dRzS2gFBh7blYSkzqhmZYFhCBqxd1JgdWhYPsewG2BjpsRDXIFW9Rj5K4_9uNDOvMzxBANioiFrnHdXIcoaAmPdarvNJrtTsljm-NoxdfgVj0aIdnlo1DfKn0p1vKFC2SVgO3RmNNpZmC-P8fXMEF3kD0WLCFg

Insurance Times: https://www.insurancetimes.co.uk/news/premfina-boss-in-incredible-effort-with-covid-art-auction-fundraise/1433508.article

The Art Newspaper: https://www.theartnewspaper.com/news/four-of-the-latest-initiatives-selling-art-for-a-good-cause

1883: https://1883magazine.com/pro-active-art-engagement/

For All Press Enquiries:
Jessica Patterson
Jessica@jprmediagroup.com
+44 (0) 7950 97765

Photo - https://mma.prnewswire.com/media/1358364/Emsky_The_Coverts_of_Imagination.jpg
Photo - https://mma.prnewswire.com/media/1358365/Painting_Our_World_in_Silver.jpg
Photo - https://mma.prnewswire.com/media/1358366/SALVAD.jpg
Photo - https://mma.prnewswire.com/media/1358367/Nathan_Eastwood__Passing_By__Enamel_on_board.jpg
Photo - https://mma.prnewswire.com/media/1358368/Lorein_Womb_Bloom.jpg

Related Links

premfina.com

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.