The art valuation explained

The Old Library, Lloyd's
Thursday, 02 February 2017
1:15 pm – 2:00 pm
    • Clare Pardy , Client Manager, Hallett Independent
  • Claims webinar

In this IIL claims lecture Clare Pardy talked about art, the art market and the many different elements that determine value.

Clare started her presentation by explaining what art is and if it has no objective value then how is a market created. She identified the different elements of art as being Artist, Subject matter, Medium, Size, Condition and Provenance and then analysed each by means of real examples. This was with the aim of analysing what makes art valuable and why some artists are more sought after than others. Finally, Clare looked at who and what makes the art market tick and how it operates within a wider economic framework.

By the end of this lecture members would have gained an insight into:

  • Catalogue descriptions
  • Different types of valuation
  • Current art market trends

Speakers Bio:
Clare has worked in the Company market specialising in art insurance for over 30 years. She moved to specialist art brokers Hallett Independent at the end of 2016 to help develop their book of museum, historic house and private client business.

Nicholas Brett, Chief Executive, AXA Art Insurance plc.

  • The Old Library, Lloyd's
  • One Lime Street
  • London
  • EC3M 7HA
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Registration & Security

IIL lectures are open to CII and PFS members
CII and PFS members must register online by 12pm one working day before the lecture
For lectures held in The Old Library, Lloyd's pass holders may also attend and do not need to register
All attendees (at any venue) must produce photo ID - either a Lloyd's pass, driving licence with photo or valid passport


  • Email confirmations and photo ID must be produced to security staff at the lecture venue
  • Attendance confirmations are non-transferable to any other person or lecture
  • All venues have limited capacity and registration and/or a Lloyd's pass does not guarantee admission

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Please contact Patricia Pedraza (020 7397 3911) with any queries regarding the CPD events programme.

CII Accredited

This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.

3/4 hours' CPD can be claimed for this event if relevant to your learning and development needs.

It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at