It was a pleasure speaking last week in London in the International Underwriting Association (IUA) /Lloyd’s Market Association (LMA) Joint Specie Event, alongside Grace Best-Devereux, with moderation by Aliette Fenton-Sharp, both from Sedgwick. My presentation gave an overview of art appraisal with particular focus on the criteria that appraisers use for assessing partial loss in value (LIV) when works of art are damaged. Factors such as location of damage, stability of restoration, visibility of restoration, prior damage, relative rarity, and condition of comparable works can significantly influence the percentage of LIV assessed. Following my portion, Grace presented on the procedural aspects of adjusting fine art claims, including fascinating examples from the field. Then, we had a lively conversation on these subjects, prompted by insightful audience questions.