Fine Art Conversion-Fine Art Conversion

Video Transcription

Video Summary

The webinar titled "The Fine Art of Conversion, Theft, Fraud, and the Art World" hosted by the Inland Marine Underwriters Association discussed the complexities and risks associated with conversion in the art world. Presenters Jennifer Schiff, Christopher Marinello, and Thomas Klein highlighted the importance of consignment agreements, awareness of dealer practices, and the need for vigilance in the art market. They emphasized the significance of educating underwriters, staying informed about recent cases, and implementing best practices to prevent fraudulent activities. The panelists also recommended resources such as art news publications, newsletters like the Bear Fact, and continuous dialogue within the industry to address and mitigate these risks. Overall, the discussion underscored the need for industry vigilance, education, and collaboration to protect against fraudulent activities in the art market.

Asset Caption

Date of Publication: October 3, 2012
Duration: 1 hour

An inside look at fraudulent business dealings within the art market that can affect investors, collectors, dealers, galleries-and of course insurance companies.

Meta Tag

Module Fine Art

Keywords

webinar

conversion

theft

fraud

art world

consignment agreements

dealer practices

underwriters

fraud prevention