ifasic Budapest 2024

Presentation – Art and Money

David will be giving a talk on the topic of ‘Art and Money’, an insider’s view of the international art market based on his sixty years of experience in the field. The survey will address issues such as art as an investment, how art is valued and what are the basic guide lines for collecting art.

David Nash, co-owner of Mitchell Innes and Nash

David is the co-owner of  Mitchell-Innes and Nash, an art gallery in New York founded in 1996. The gallery specializes in the exhibition and sale of high quality Impressionist, Modern and Contemporary Art.  Nash began his career in the art world in 1961 when he joined Sothebys, the fine art auction gallery and eventually became the international director of their Paintings department.

Presentation – The wrecking of HMS Lutine (1799); gain or loss?

Despite the fact that the sinking of the Lutine cost the lives of the entire crew, this disaster is best known for the colossal amount of gold and silver bars and coins that sank to the seabed with it. A treasure that still haunts minds to this day. Lloyd’s of London confirmed its reliable name with the payment of the loss, and the ringing of the Lutine bell in the underwriters’ room keeps the memory of it alive. The presentation covers the disaster and the numerous salvage attempts, the perspectives of stakeholders, the memory of the crew, public perception and the ongoing appeal to fortune hunters and scientists.

Jeroen ter Brugge, curator for the History Department of the Rijksmuseum Amsterdam

Since April 2018 Jeroen ter Brugge works as curator for the History Department of the Rijksmuseum and is responsible for the maritime collections. He studied (prehistoric) archaeology at Leiden University, He worked as an archaeologist at the Dutch Heritage Agency, was director of the national Fisheries Museum and head of collections and curator of the academic program at the Maritime Museum Rotterdam. He currently works on a PhD research on the Dutch shipbuilding industry between 1870-1914. His focus is on maritime archaeology and history, i.a. ship wrecks, shipbuilding and flags.

Presentation – Bringing Science to BeMA, a New Museum of Twentieth Century Art in Lebanon

While Lebanon is associated with ancient history, it also has a modern and contemporary art scene aided by a French influence that included government support for the arts. This support led to the acquisition and display of art in government buildings throughout the twentieth century. A private not-for-profit foundation, the Beirut Museum of Art (BeMA), now has the responsibility to care for and, for the first time, publicly exhibit this collection spanning more than a century. McGlinchey is helping establish scientific support to care for and exhibit these works by building and guiding connections with local universities and at the same time, exposing students to a profession he has worked in for forty years.

Chris McGlinchey, Cultural Heritage Scientist, ArtMediaScience, LLC.

Chris McGlinchey has worked in cultural heritage science for over forty years. The first fifteen years was at the Metropolitan Museum of Art where he primarily provided scientific support to paintings conservators followed by twenty-one years at the Museum of Modern Art where he established scientific research and provided support to conservators and curators along with other aspects integral to the museum’s function. While holding those positions Chris also served as adjunct professor of conservation science at New York University. Chris is now working independently on a variety of special projects and as a consultant specializing in cultural heritage science.

Presentation – Jewelers’ Block Claims: Old Losses and New Tricks.

The Jewelers’ Block world is never short on interesting claims. Some factual patterns repeat themselves from year to year, and others involve new twists to take advantage of emergent technology.

This talk will evaluate different scenarios from the perspective of a seasoned head of claims and experienced US attorney, and will include discussions about underwriting issues and security concerns, policy wording, investigative tools and legal issues.

Mike Bono, lawyer at Wade Clark Mulcahy’s

Mike is a lawyer in Wade Clark Mulcahy’s New York and New Jersey offices. He has handled jeweler’s block, fine art, and specie matters throughout the United States for more than 20 years. He began his career as a prosecutor in the Brooklyn District Attorney’s office, where he tried felony cases and investigated narcotic networks. Although he enjoys the London specialty work best, he also defends high profile cases involving high net worth individuals and public figures, including media, sports, entertainment and political personalities.

Presentation – Jewelers’ Block Claims: Old Losses and New Tricks.

The Jewelers’ Block world is never short on interesting claims. Some factual patterns repeat themselves from year to year, and others involve new twists to take advantage of emergent technology.

This talk will evaluate different scenarios from the perspective of a seasoned head of claims and experienced US attorney, and will include discussions about underwriting issues and security concerns, policy wording, investigative tools and legal issues.

Stephen Chapman, head of Marine Claims at Ascot Underwriting in London

Stephen is head of Marine Claims at Ascot Underwriting in London, he has handled a wide range of complex claims as leader and across the marine portfolio for over 30 years. Some of the most interesting of those claims have been on Specie claims.

Presentation – Diamonds in Distress: Can the Iconic Sparkle Survive Disruption

Angelo is returning to Ifasic again to share the latest updates on the continuing (and concerning) decline of natural diamond prices, the impact of lab-grown diamonds on U.S. demand, and the total collapse of demand in China. With a focus on the implications for the insurance industry, we will talk about how these market shifts affect diamond valuations, premium projections, underwriting practices, and claim assessments. The session will also provide an outlook on the future coexistence of natural and lab-grown diamonds, highlighting key risks and considerations for insurers navigating this rapidly evolving landscape.

Angelo Palmieri – President, GCAL by Sarine

Angelo, a 19-year veteran of the gems and jewelry industry, is the President of GCAL by Sarine and Chairman of Gemprint Corp. He has engineered cutting-edge diamond and gemstone identification instruments and holds several patents. Angelo co-developed mine of origin tracking systems for international mining companies, integrating Gemprint technology. In 2012, he led GCAL to become the world’s only ISO 17025 Accredited Forensic Laboratory for diamonds and gemstones and achieved RJC Certification. Angelo has testified as an expert witness in Federal Court and appeared on NBC, ABC, and CNN as a recognized industry expert.

Presentation – From Russia with Risk: How G7 Diamond Sanctions will reshape the Landscape for Clients and Insurers

At IFASIC, Leanne will share insights regarding Russia’s import sanctions on diamonds and jewellery, the ongoing work of the G7 initiatives, connecting her work in supply chain traceability with broader global efforts on ethical sourcing, sustainability, and accountability in international trade.

Leanne’s contributions are essential for fostering trust and transparency across various industries.

Leanne Kemp, founder and CEO of Everledger

Leanne is an influential figure in supply chain Provenance and traceability. With significant experience in using blockchain technology to enhance transparency within global supply chains, Leanne has been at the forefront of implementing digital product passports to monitor the origin, ownership, and sustainability of items such as diamonds, minerals, and other valuable assets.

Presentation – Real or AI: How to Navigate Authenticity Today

Mounir Ibrahim, Chief Communications & Head of Public Affairs, Truepic

Mounir Ibrahim is CCO and Head of Public Affairs for Truepic, an award winning technology company specializing in provenance and image authenticity. From 2009-2017, Mounir was a Foreign Service Officer with the U.S. Department of State and key Syria adviser, including to Presidential Cabinet Members. Mounir served in Damascus, Washington, Istanbul, Bogota, and New York at the US Mission to the United Nations. Mounir is an adjunct professor at Columbia University, a TEDx speaker, a term member with the Council on Foreign Relations, and his writing has been featured by the Wall Street Journal, World Economic Forum, and The Hill. Mounir received his BA in International Relations and Political Science from American University and his MA in International Affairs from Columbia University.

Presentation – Unlucky or Just Stupid (or both) – Engineering & Planning Better Outcomes in Fine Art Packing, Shipping & Storage

No one puts their valuables in a wooden safe. Logic vs tradition.

• Why are avoidable mistakes made in fine art shipping?
• How can sustainability be prioritised when safety is always number one?
• Disruptive technologies are painful for some but winners for others. Does fortune favour the brave?

Joining fine art shipping and packaging experts as they discuss innovative new ways of working and thinking that are revolutionising the luxury logistics industry.

Andrew Stramentov, CEO ROKBOX

Andrew started his career at Sotheby’s in 2003 in London, before joining Gagosian Gallery.
He went on to advise on the production of a number of major exhibitions, including the Garage Centre for Contemporary Art in Moscow, The Serpentine Gallery in London, a number of Venice Biennale presentations as well as developing a new museum for a major private foundation.

Astounded by the waste inherent in fine art shipping and the damage done to art in transit, Andrew founded ROKBOX in 2015 to research and develop innovative solutions to protect art better, whilst eliminating waste and radically reducing carbon emissions. Since then ROKBOX has brought to the market a range of reusable crates used by galleries, auction houses, museums, collectors and artists globally.

Presentation – Unlucky or Just Stupid (or both) – Engineering & Planning Better Outcomes in Fine Art Packing, Shipping & Storage

No one puts their valuables in a wooden safe. Logic vs tradition.

• Why are avoidable mistakes made in fine art shipping?
• How can sustainability be prioritised when safety is always number one?
• Disruptive technologies are painful for some but winners for others. Does fortune favour the brave?

Joining fine art shipping and packaging experts as they discuss innovative new ways of working and thinking that are revolutionising the luxury logistics industry.

Oliver Howell, CEO Gander & White Shipping Ltd.

Oliver started with Gander & White in 1994, a globally recognised fine art shipping company. Established in 1933, now with offices in London, Paris, New York, West Palm Beach, Miami, San Francisco and Los Angeles and was appointed to his current position 17 years ago. During his tenure, the company opened five of its seven international offices, as well as completely rebuilding its existing facilities from an original footprint of 100.000 to over 450.000 sq ft with over 330 employees.

He has served two terms, totalling seven years on the steering committee of ICEFAT (International Convention of Exhibitors and Fine Art Transporters), a group of 80 companies in 34 countries.

In 2017 Gander & White was awarded The Royal Warrant for the supply of Fine Art Services to Her Majesty the Queen.

U35 Panel Discussion – Advice to our Older Selves

In response to the success of our panel last year, Advice to our Younger Selves, we have expanded our usual U35 speaking slot to a panel of six young professionals in the market and asked them to deliver some feedback for our managers and leaders in the form of Advice to our Older Selves.

Aliette Fenton-Sharp, Claims Underwriting Director -Sedgwick

Aliette Fenton-Sharp started her insurance career in Miami. Since arriving in London in 2002, she has worked for brokers as well as insurers, Lloyd’s Syndicates and Company markets. She has been involved in all levels and complexities of claims in the areas of Marine Cargo and Fine Art & Specie. A highlight in her career was when she coordinated the sale of an important painting at Bonham’s after a total loss. Aliette has an Art History degree, MBA, Graduate Diploma in Law and CII Certificate. Most recently she obtained certification to be a Mediator. She has lived in several Spanish-speaking countries and is fully bilingual.
She lives in North London with her British husband and two teenage children that she hopes will one day want to work in insurance.

U35 Panel Discussion – Advice to our Older Selves

In response to the success of our panel last year, Advice to our Younger Selves, we have expanded our usual U35 speaking slot to a panel of six young professionals in the market and asked them to deliver some feedback for our managers and leaders in the form of Advice to our Older Selves.

George Ashwell, Assistant Underwriter – AXA XL

George is an Assistant Underwriter for the FAS team at AXA XL, I have been with the company for just over 8 years and moved to the FAS team in 2020.

U35 Panel Discussion – Advice to our Older Selves

In response to the success of our panel last year, Advice to our Younger Selves, we have expanded our usual U35 speaking slot to a panel of six young professionals in the market and asked them to deliver some feedback for our managers and leaders in the form of Advice to our Older Selves.

Sarah Fletcher, Claims Advocate – Price Forbes

Sarah Fletcher is an accomplished insurance professional with over 18 years of experience in the industry. She has specialised in a wide range of insurance products and currently serves as a Claims Advocate for the Fine Art, Jewellery and Specie practice at Price Forbes, London. Sarah combines her extensive knowledge and experience to deliver personalised claims handling and exceptional customer service, always advocating for her clients’ best interests.

U35 Panel Discussion – Advice to our Older Selves

In response to the success of our panel last year, Advice to our Younger Selves, we have expanded our usual U35 speaking slot to a panel of six young professionals in the market and asked them to deliver some feedback for our managers and leaders in the form of Advice to our Older Selves.

Thaminah Jackson, Marine Claims Adjuster – Chubb European Group SE

Thaminah is a marine claims adjuster at Chubb European Group SE, specialising in the management and adjustment of complex cargo claims, with increasing exposure to fine art and specie losses/claims handling. I also have a comprehensive background in various other areas of Marine insurance including, inter alia: hull & machinery, salvage, and general average claims, through my previous role as an Associate level average adjuster.

U35 Panel Discussion – Advice to our Older Selves

In response to the success of our panel last year, Advice to our Younger Selves, we have expanded our usual U35 speaking slot to a panel of six young professionals in the market and asked them to deliver some feedback for our managers and leaders in the form of Advice to our Older Selves.

Sophie Parker Dip CII, Claim Specialist – Marine – Liberty Global Group

Sophie has 17 years’ experience handling domestic and international marine and specie claims, with over 10 years in the London market. Starting her career in marine claims, Sophie also worked at a London market broker where she completed the CII Diploma in 2013. Sophie has adjusted claims for an international loss adjuster under delegated authority and completed a placement at a leading Lloyd’s syndicate on their Fine Art and Specie team in 2022. In 2023, Sophie joined the LSM Marine & Specie Claims team and has extensive claims experience in cash in transit, specie and jewellers’ block risks.

U35 Panel Discussion – Advice to our Older Selves

In response to the success of our panel last year, Advice to our Younger Selves, we have expanded our usual U35 speaking slot to a panel of six young professionals in the market and asked them to deliver some feedback for our managers and leaders in the form of Advice to our Older Selves.

Kelly Westgarth, Associate Global Risks Team – DWF Law LLP

Kelly is an Associate in DWF’s London Global Risks team. Kelly advises on the defence of claims, subrogated recoveries and coverage across London Market and Lloyd’s business.

U35 Panel Discussion – Advice to our Older Selves

In response to the success of our panel last year, Advice to our Younger Selves, we have expanded our usual U35 speaking slot to a panel of six young professionals in the market and asked them to deliver some feedback for our managers and leaders in the form of Advice to our Older Selves.

Lewis Bertenshaw, Loss Adjuster & Risk Manager

Paris-based adjuster and surveyor. Has worked for independent firm SW Associates (with offices in Hitchin, Paris and Turin) for over six years, focusing on Jewellers’ Block and Specie in France, Western Europe & beyond. Manages claims and surveys for regional retail groups and luxury brands, from refineries and workshops to transport and high street risks.

Presentation – Conservation 101: Case Studies, Research and Today’s Science

This practical talk will feature case studies and examples of how conservation studios assist in understanding incident impact to artworks as well as the life of an artwork to help navigate insurance claims, explore the tools conservation studios have to carry out technical examination and research as well as the science of tailoring cleaning solutions for optimal results.

Julia Stockdale Head of Business Development, Fine Art Restoration Company

Julia is experienced in the field of insurance claims where art, furniture and specialist contents are impacted and require restoration or resolution by alternative means. Her approach to claims is methodical and scientific, combining practical and evidence-based information, understanding of insurance parameters, and the skills of a highly trained conservation team at Fine Art Restoration Company with vast experience of typical insurance perils impacting such pieces. Julia’s experience of the diverse nature of claims involving art and specialist contents along with the in-house conservation team has seen her and the company become a trusted source for insurers and adjusting companies to help resolve claims with pragmatic results.

Presentation – From Mine to the Showroom

You will learn about the processes of gold mining and refining in Australia and the security around that. You will also obtain an understanding of specie policy for a mining or refining risk. The insurance considerations around the finished product, will be touched on as well.

Craig Mitchell, Lowers Risk Group – Head of Regional Operations

Craig Mitchell, former National Director at Prosegur Asia Pacific, brings over 40 years of security, risk and compliance expertise to the APAC region. With a distinguished career spanning roles in law enforcement, private sector security and risk management, Chris has led high-stakes investigations, managed complex security operations and implemented holistic risk management strategies. Recognized for his leadership and achievements, Craig now collaborates with Lowers & Associates to help insurers mitigate risks and prevent losses in cash-in-transit and related industries across APAC. His vast experience and credentials make him a valuable asset in safeguarding assets and ensuring regulatory compliance.

Presentation – Hostile Profiling: risks from online data and mobile devices

While many are aware of social media vulnerabilities, they represent just a fraction of the risks posed by the various types of data connected to us, which can be exploited by malicious individuals to trace our homes, loved ones, contact details, and even passwords. This presentation will explore how third parties digitally profile targets and their networks through online sources, highlighting the data users unknowingly share that creates privacy and security risks, and offering solutions for mitigating these threats.

David Benford, Blackstage Forensics Limited – Managing Director

David Benford is an internationally recognized expert in open source intelligence (OSINT) investigations and hostile profiling through digital platforms. As managing director of Blackstage Forensics, he works with high-profile clients in law enforcement, government, and various industries on digital personal security and cybercrime. He also teaches OSINT and social media intelligence globally and serves as a special officer for UK law enforcement.