This Fourteen-hour intensive course is tailored for managers and executives in shipmanagement, shipowning, and related sectors, focusing on English Law and Practice. It aims to reduce business risk by enhancing understanding of marine insurance, including key principles like utmost good faith, insurable interest, and indemnity. Topics include hull & machinery, protection & indemnity, loss of hire, war risk, and charterers liability insurance. The course also addresses general average, salvage, and the claims process, emphasizing causation, proximity, handling of deductibles and recoverability.

Professionals: Technical Insurance Executives/ Assistants Operations Finance & Accounts Legal Assistants Masters, Chief Officers, Chief Engineers & Second Engineers on leave

Mode: Online Program (Zoom)

Language: English

Course Fee: HKD 10000

MATF Code: MC113

Total Duration: 14hrs

Total Sessions: 4 (3.5hrs each)

Session Timing: Hong Kong 14.30 – 18.00 hrs | India 12.00 – 15.30 hrs | Dubai 10.30 – 14.00 hrs

Session 1 – 04 Sep 2024 | Wednesday

Principles of Marine Insurance, Evolution and need for Marine Insurance

Session 2 – 11 Sep 2024| Wednesday

Principles guiding the Marine Contract- Warranties – Utmost Good faith – Insurable Interest – Reinsurance – Assignment and passage of interest in Marine Insurance – indemnity – subrogation – mitigation – proximate cause – understanding LOF, Sue & Labour, SCOPICe

Session 3 – 18 Sep 2024| Wednesday

Types of marine insurance (H&M, P&I, LOH, AWRI, Cargo Liability, Professional indemnity insurance -ITIC (e.g., for Ship Managers)

Session 4 – 25 Sep2024 | Wednesday

General average overview and Salvage

Case Study: Loss of Hire

Lead Trainers Profile:

Mr. Jagmeet Makkar FICS – Independent Arbitrator

https://www.linkedin.com/in/skillsplus-jagmeet-makkar

Mr. Raymond T C Wong FAAA FMIoS – Average Adjuster

https://www.linkedin.com/in/raymond-t-c-wong-92b94777

Contact for more information on Maritime Skills+ Curriculum

LSF Global (www.lsfglobal.com)

+852 95279124 | anamika.chhawal@lsfglobal.com

SkillsPlus (www.skillsplus.sg)

+852 94686314 | info@skillsplus.sg