
AUDIENCE
Anyone with an interest in marine claims.
This event will review the definitions of misappropriation, the scale of the problem and the drivers that rest behind this type of loss.
Joe Corless, Operations Director, Gray Page will cover the key factors involved in misappropriation, the role of collateral managers and the context in which they operate. These factors will be illustrated throughout by practical examples from real cases to help understand and recognise the modus operandi. The presentation will close out with consideration of the means to mitigate these losses, with ample opportunity for Q&A.
Attendees will gain an understanding of what this type of loss really entails, how significant it can be, how these losses arise and what can be done to prevent it. Some practical tools will be demonstrated that can be used in analysing potential misappropriation and general warehouse/counterparty risks, as well as build preventative measures.