Location

College of Maritime Transport and Technology

Objectives

• The course Provides a comprehensive understanding of the Strategic Management of marine insurance claims for shipping companies' office teams through practices, marine insurance cover for property and liabilities, and standard policy conditions in various insurance markets.

Outcomes

Data will be available soon!

Course Contents

1. Introduction 2. Strategic risk management (retention, control and risk transfer) 3. Types of risk in shipping (total loss, constructive total loss, partial loss, third party liability, expenses)4. Discussion of several types of insurance contracts and the process of contract Strategic Management regarding: a. Hull and Machinery insurance b. P&I insurance c. Cargo insurance d. General average e. Marine Salvage f. Freight insurance, Loss of hire, Strike insurance, War risks g. Liability for maritime claims, global limitation and their relation to marine insurance 5. Limitation of liability for pollution, passenger and cargo claims 6. case study