Course description
The contract of marine insurance is a special (insurance) contract of indemnity which protects against physical and other losses to moveable property and associated interests, as well as against liabilities occurring or arising during the course of a sea voyage.
Upcoming start dates
Choose between 6 start dates
Outcome / Qualification etc.
- Gaining a comprehensive understanding of marine insurance
- Provide you with the confidence to deal with the claims situations faced in the maritime industry
- Develop your understanding of the principles and practice involved in handling and settling marine claims.
- Present practical examples of casualties, demonstrating appropriate responses and procedures and identifying who does what.
- Examine the preparation of claims.
- Provide a forum where ideas can be received and exchanged.
Training Course Content
General principles of marine insurance
- Legal Side of Marine Insurance
- The Practical Side of Marine Insurance
- Proximate Cause
- Brief History of the development of Marine Insurance
Cargo Claims
- Background to Cargo Insurance
- The Open Policy
- Types of claims
- Deck cargo claims
- Calculating a claim
- Making a claim
- The Enterprise Act 2016
- Rules which apply to shipment of goods carried by sea
- Defences in the rules open to carriers
- Case studies
Hull and Machinery Claims
- Scope of the policy
- Types of claims
- Measure of indemnity
- Application law and procedural matters
- Loss of income conditions
Protection & Indemnity Insurance (P&I)
- Background to P&I insurance
- Components of the policy
- Types of claims covered
- Loss adjustments and claims handling
- Making and defending a claim
Port, Boatyard or Marina Claims
- Types of boatyard or marina claims
- Boatyard operations
- Base marina operations
- Infrastructure & management of a marina or boatyard
- Handling the claim
- Case Studies
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London Maritime Academy
London Maritime Academy provides a wide range of maritime training courses tailored to the global industry. Located in London and known for international standards, we offer diverse Classroom and Online courses taught by highly experienced experts in the maritime sector....
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