Marine Insurance Masterclass

Workshop Overview

This highly interactive, intensive and informative workshop offers insurance and non-insurance practitioners (including logistics and transportation professionals) valuable skills, tools and resources and practical knowledge in the field of all aspects of marine cargo, transportation and freight liability insurance as well as the related disciplines of international trade, commerce and logistics.

This powerful workshop – focusing on both world insurance markets in general and the Asian markets in particular- brings insight and understanding in the field of cargo insurance – its principles and practices, the legal and economical framework, risk management and standard insuring conditions and exclusions. Broad form cover versus named perils cover will be discussed. We will also focus on specialized types of cargo, bulk cargo, barge cargo, project cargo and DSU, (Delay in Start Up insurance) stock thru put policies, reefer and perishable cargo, contingency insurance, rejection insurance, war and terrorism cover, piracy, INCO terms, letters of credit and trade sanctions, marine underwriting, typical and standard marine policy wordings and international market clauses, marine claims, loss prevention and mitigation, marine law, general average and salvage and international conventions.

The workshop also offers attendees a solid base of understanding of the roles and accountabilities of transport intermediaries and logistics professionals: freight forwarders, NVOCCs, custom brokers and warehouse operators as well as the principles that govern the insurance of transport intermediaries including an analysis of standard policy terms and conditions.

The course is broken down into eight sessions including 11 interactive case studies,

Key benefits of attending this workshop

  • GAIN a clear understanding of universally accepted principles and practices in the fi eld of cargo insurance, international trade and freight liabilities
  • UNDERSTAND the workings of worldwide marine cargo insurance and reinsurance insurance markets
  • ASSESS knowledge and understanding of international conventions, standards and foundational statutes as they relate to marine cargo insurance, international trade and freight liabilities
  • SECURE an understanding of the fields of freight liabilities and freight liability insurance: the role and accountabilities of transport intermediaries such as freight forwarders, NVOCCs, customs brokers and warehouse or terminal operators
  • DISCUSS valuable tools and resources in risk assessment, underwriting, claims handling, investigation and adjustment in the specialized field of cargo insurance and freight liability insurance
  • ACQUIRE an understanding of the workings of international trade, logistics and international transportation
  • EXPLORE marine cargo and freight liability insurance within the context of the Asian insurance markets
  • DETERMINE the tools and resources for the offering and selling of superior marine insurance products and excellence in service

Who Should Attend

All insurance professionals, underwriters, claims handlers, claims adjusters, insurance agents and brokers, risk managers, surveyors, lawyers, transport intermediaries such as freight forwarders and customs brokers.

Why you should Attend?

You will have 2 days of experiencing the teachings of an internationally acclaimed expert in marine and transportation insurance, who has been a practitioner in the field for over 38 years, who has served on international marine committees and working parties and has been called as an expert within the court and tribunal systems of several jurisdictions. Due to the quality of the interactive case studies as well as the course materials, you will have access to optimized learning tools and techniques which will facilitate in depth coverage of a very wide spectrum of marine cargo insurance topics. The workshop is designed to empower you with superior knowledge of this complex discipline and to add value to the products you offer and work with in your respective professions and practices in the insurance, trade, commerce and logistics fields.