BIMCO member | EUR 1250 |
Non-member | EUR 1650 |
10% group discount is available for registering 3 or more participants from the same company.
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.
Some of the topics you will cover:
Session | Date | Topic | Speaker |
Session 1 (60 min) |
Monday |
The insurance markets, products, and legal rules |
Baris Soyer |
Session 2 (60 min) |
Tuesday 2 March 2021 |
Formation of marine insurance contracts | Baris Soyer |
Session 3 (60 min) |
Wednesday 3 March 2021 |
Insurable interest, principle of indemnity and coverage | Baris Soyer |
Session 4 (60 min) |
Thursday 4 March 2021 |
Pre-contractual duty of utmost good faith - an overview in the change in approach caused by the Insurance Act 2015 |
Baris Soyer |
Session 5 (60 min) |
Friday 5 March 2021 |
Terms in marine insurance policies |
Baris Soyer |
Session 6 (90 min) |
Monday 8 March 2021 |
Specialist types of cover (1): P&I cover, fixed premium P&I, FD&D cover |
Stinne Taiger Ivo |
Session 7 (60 min) |
Tuesday 9 March 2021 |
Speciality types of cover (2): hull risks, war, and strike risks |
Baris Soyer |
Session 8 (60 min) |
Wednesday 10 March 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 9 (60 min) |
Thursday 11 March 2021 |
Claiming under the policy; some practical considerations; sue and labour expenses, measurement of indemnity |
Baris Soyer |
Session 10 (60 min) |
Friday 12 March 2021 |
Case study |
Baris Soyer |
09:00 Montréal/New York (EDT)
14:00 London (GMT)
15:00 Copenhagen (CET)
16:00 Athens (EET)
18:00 Dubai (GST)
22:00 Hong Kong/Singapore (HKT/SGT)
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.
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.
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.