Marine Insurance Masterclass Online

Marine Insurance Online
  • 18 Oct 2021 12 days
  • Available seats 14
  • Payment: visa visa visa visa

Course price

BIMCO member EUR 1150
Non-member EUR 1550

Discounts

10% group discount is available for registering 3 or more participants from the same company.

Overview

The Marine Insurance Masterclass Online is a series of 10 online sessions, focusing on the interrelationship between marine insurance, charter parties and the commodity sales contract. It covers the legal and practical aspects of hull and machinery, cargo claims and P&I. 

What will you learn?

Some of the topics you will cover:

  • insurance markets, products and legal rules 
  • formation of marine insurance contracts 
  • insurable interest, principle of indemnity and coverage

Dates and topics

Session Date Topic Speaker

Session 1
(60 min)

Monday
18 October 2021

The insurance markets, products, and legal rules
Baris Soyer
Session 2
(60 min)
Tuesday
19 October 2021
Principle of indemnity and role of brokers Baris Soyer
Session 3
(60 min)
Wednesday
20 October 2021
Pre-contractual duty of utmost good faith - an overview in the change in approach caused by the new Marine Insurance Act 2015 Baris Soyer
Session 4
(60 min)
Thursday
21 October 2021
Terms in marine insurance policies
Baris Soyer
Session 5
(60 min)
Friday
22 October 2021
Speciality types of cover (2): hull risks, war, and strike risks
Baris Soyer
Session 6
(90 min)
Monday
25 October 2021
Specialist types of cover (3): kidnap and ransom insurance products (piracy), loss of hire, cyber risks cover, charterer’s liability cover
Baris Soyer
Session 7
(60 min)
Tuesday
26 October 2021
Claiming under the policy; some practical considerations; sue and labour expenses, measurement of indemnity
Baris Soyer
Session 8
(60 min)
Wednesday
27 October 2021

Specialist types of cover (1): P&I cover, fixed premium P&I, FD&D cover

Stinne Taiger Ivø
Session 9
(60 min)
Thursday
28 October 2021
Practical claims handling for P&I and FD&D cover
Jonas Axelsen Mundt,
Alex Chisholm
Session 10
(60 min)
Friday
29 October 2021
Case study
Baris Soyer

Starting time (for all sessions):

08:00 UTC (GMT)
09:00 London (BST)
10:00 Copenhagen (CEST)
11:00  Athens (EEST)
12:00 Dubai (GST)
16:00  Hong Kong/Singapore (HKT/SGT)
17:00  Tokyo (JST)
18:00  Sydney (AEST)

Course programme

Why choose to participate?

The issue of marine insurance is covered broadly in several other BIMCO masterclasses in relation to the special topics discussed. The purpose of this masterclass is to provide the participants with a practical understanding of the types of insurance cover available and how they interrelate and connect with the commercial process. The course will look at insurance from both shipowner and cargo owner perspectives and how the contractual relationships are influenced by the decisions and preferences of the insurance buyer and seller. 

How will this course help your professional development?

 

Course certification

Participants will be given an option of taking a final assessment (1-hour open-book test) at the end of the course, and Certificate of Achievement will be issued with a grade (distinction, merit or pass). Those not taking the assessment will receive a Certificate of Attendance.

Course materials

BIMCO issues electronic course files as an Adobe PDF file enabling you to make personal notes. All documentation and presentations will be in English. Course access details will be provided once the registration is completed. 

Speakers

Baris Soyer

Baris Soyer

Stinne Taiger Ivø

Stinne Taiger Ivø

Jonas Axelsen Mundt

Jonas Axelsen Mundt

Alex Chisholm

Alex Chisholm

Organiser

Peter Grube

 

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Need more information?

Peter Grube

Peter Grube, Head of Training