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.