October Lunch

Our October speaker will be Richard Nicholson, an Executive Director & Head of Fine Art - UK & Europe for Willis Towers Watson, based in London. His work has become his passion as he is able to merge his love of fine art with his career in insurance through providing risk management and insurance solutions to some of the largest and finest museums and private collections on the planet.

Richard's talk is entitled "Cyber risk in the art world" and will consider

Key points:

• current demands on the insurance market for the provision of fine art cover
• use of information technology in the market and the exposures it presents
• cyber-crime in the art world
• a look at incidents and consideration as to why?
• responses on the part of insurers and advisors

And points for consideration:

• insurers are not keeping apace with developments
• digital art sales are inadequately understood
• sales of digital art will increase substantially in the next few years
• risk and demand will increase in line with volume

The talk will take place at Moore's Hotel Wednesday 12 October at 12.30pm. Following a change to the price charged by Moore's, we are now charging £11 for members of the Insurance Institute of Guernsey and £13 for non-members. Please note that we have not passed on prior recent price rises and the event remains heavily subsidised. Do remember that the attendance fee is payable whether lunch is taken or not. Please feel free to encourage non-member colleagues to attend should this be an area of interest but, please note, members of the Insurance Institute of Guernsey will receive priority in the event of capacity being reached.

Attendance will provide 30 minutes of Structured CPD under the Chartered Insurance Institute's CPD scheme. Please book your place now, and in any event before 5pm Friday 7 October , by emailing cilla.torode@cglloyds.co.uk. In booking your place(s) please provide your name, company, confirm if you are a member of the IIG or not, and advise should you require a vegetarian meal. Please note that vegetarian meals need to be pre ordered and cannot be ordered on the day. Should you cancel attendance after 7 October the attendance fee remains payable. If you cannot stay for lunch, it would be appreciated if you can advise us when reserving your place at the lecture.

Louise Jackson Dip CII, President