Marine Insurance Masterclass Online
- Online, 12:00 UTC
- 23 Oct 2023 5 days
- Available seats 5
-
Payment:
Course price
| BIMCO member | EUR 1250 |
| Non-member | EUR 1650 |
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 delivered over 5 days. Each day will run for 120 minutes with a short break and will focus on the interrelationship between marine insurance, charter parties and the commodity sales contract. The course 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 |
Monday |
The insurance markets, products, and legal rules |
Baris Soyer |
|
Session 2 |
Role of brokers |
Baris Soyer |
|
|
Session 3 |
Tuesday |
Principle of indemnity and qualifications |
Baris Soyer |
|
Session 4 |
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 5 |
Wednesday |
Terms in marine insurance policies |
Baris Soyer |
|
Session 6 |
Specialist types of cover (1): hull risks, war, and strike risks |
Baris Soyer |
|
|
Session 7 |
Thursday |
Specialist types of cover (2): P&I cover, fixed premium P&I, FD&D cover |
Jonas Axelsen Mundt, Phillipa Reid |
|
Session 8 |
Practical claims handling for P&I and FD&D cover |
Jonas Axelsen Mundt, |
|
|
Session 9 |
Friday |
Specialist types of cover (3): kidnap and ransom insurance products (piracy), loss of hire, cyber risks cover, charterer’s liability cover |
Baris Soyer |
|
Session 10 |
Case study |
Baris Soyer |
Starting time (for all sessions):
12:00 UTC
14:00 CEST
See the time in your local time zone.
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.
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