Managing Collection Insurance

  • Friday, September 27, 2024
  • 11:00 am – 12:15 pm
  • Ventana - Executive Board Room

Track: 

  • Trustee

Learning Format: Passive Learning

The effect of climate change has impacted property. There has been an increase in claims activity, which has repercussions on the fine art collector and museum collection in the form of increased insurance premiums. This session will provide an overview of global fine art loss, offer insights into collection management and how emergency planning can form mitigation techniques that will enhance the protection of your collection. Included in this discussion on weather-related risk factors, you will learn basic concepts in risk management, standard operating procedures, disaster, and evacuation planning, and how to determine probable maximum loss so that your collection is properly insured to protect against catastrophic events.