Insurance Challenges and Art Crime

This chapter written by an insider of the insurance industry will outline many of the issues that affect the underwriting of fine art. It will highlight the challenges that insurance companies face with issues such as valuation, appraisals damage and loss as well as outright fraud which have always been part of the process in underwriting fine art. On the other hand, it will also bring to light more contemporary issues such as conversion, title, authenticity, money laundering and the role of the Internet which pose new challenges.