PUNE
P212
- PROGRAMME ON MANAGEMENT OF MARINE INSURANCE
(CARGO
AND HULL) (NON-LIFE)
Background:
Marine
Insurance, besides being the oldest form of insurance, is also a vast and
fascinating subject. It is unique, as it is conceptually different from
other classes of insurance. Marine Insurance Business is mostly international
and subject to marine laws, conventions and practices in all stages of
operation. Handling of the subject requires knowledge and skills not only in the
realm of insurance, but also other fields including maritime practices
& laws, trade, economies, culture, natural resources, geographies,
nature of commodities, mode of packing, transportation, different types of
claims, marine recoveries. This programme has been designed to cover
various aspects of Marine Insurance which would help participants to
achieve better underwriting and claims management.
Objectives:
The programme aims to equip participants with the requisite knowledge and
expertise required to build and enhance their understanding of marine insurance
including terminology, concepts, laws, type of risks, business practices, risk
management, policies, clauses underwriting, reinsurance, claims and recovery.
Contents:
§
Marine
Insurance - An Overview
§
Marine
Insurance Terminologies/Peculiarities
§
Institute
Cargo Clauses 1982-2009
§
Payment
and Documentary Credit System
§
Critical
Clauses and Provisions & Inland Transit Clauses
§
Major
Commodities classification and their risks
§
Types
of policies and their Underwriting
§
Marine
Hull (Basics, Clauses & Relation to Cargo insurance)
§
General
Average - Concept
§
Protection
& Indemnity - Basics
§
Reinsurance
§
Visit
to Port Model
§
Marine
Claims Management – Cargo & Hull
§
Subrogation
& Recovery
§
Importance
of Packaging
Participants’
Profile:
Officials
handling Marine (Cargo) underwriting & claims posted in Head Office,
Regional Offices, Operating Offices of Indian
and foreign public & private sector General Insurance Companies
Duration:
3 days
Dates:
I.
22.07.2024 -
24.07.2024
II.
20.01.2025 -
22.01.2025