Wine Collection Overview: Don’t Make Pour Decisions-Wine Collection Overview: Don’t Make Pour Decisions

Video Transcription

Video Summary

In today's webinar titled "Wine Collection Risk Overview," Tina Rutland, President and CEO of EIMC, discussed the basics of wine production and the factors to consider in storing and transporting wine, with a focus on the potential risks and challenges faced in the wine industry. She highlighted the differences between commercial and collectible wines, emphasizing the impact of heat and cold exposure on wine quality. Tina shared insights on damage assessment, mitigation strategies, and the importance of proper inventory and appraisal for wine collections. The webinar also touched on salvage options, valuation methods, and the need for clear communication between underwriters and stakeholders in the wine industry. The Q&A session covered topics such as third-party storage providers, appraisal values, and the most common and severe causes of wine losses. Throughout the presentation, Tina provided valuable information and practical advice for navigating the complexities of wine collection risk management.

Asset Caption

Date of Publication: August 14, 2018
Duration: 55 min

Whether it's for investment purposes or it's just a passionate hobby, wine cellars are filling up everywhere. Values can be quite high, proper insurance and risk management can mitigate the risk.

Meta Tag

Module Fine Art

Keywords

Wine Collection Risk Overview

Tina Rutland

EIMC

wine production

storing wine

transporting wine

heat exposure

cold exposure

damage assessment