Professional Documents
Culture Documents
Marine Insurance Training Course 2017
Marine Insurance Training Course 2017
A robust framework of learning and development solutions enable the CII to support corporate partners and individuals across the
industry. It ensures that all members comply with minimum standards and inspires many more to achieve advanced levels of technical
and professional competence.
COURSE CONTENT AND DELIVERY • Those involved in shipping or other maritime industry
practices, for whom marine insurance is an important
The course includes lectures on the different types of modern
consideration for their business operations.
commercial vessels, the international marine conventions
currently in force (plus those such as the Rotterdam Rules 2009, • Those involved in the legal or financial aspects of shipping who
yet to come into force), cargo packing, and declared weight need to deepen their knowledge of the scope and background
issues. A foundation of the basic principles of marine insurance of today’s marine insurance.
is also included, with special attention given to the Marine
Insurance Act (1906) and the elements of it that remain after the Within the past six years the highly popular marine insurance
Insurance Act 2015 came into force in August 2016. courses run by Marsh have had to expand in number to cater for
the demand and have been attended by delegates from over 50
Lectures are performed by senior Marsh experts, many of whom
countries around the world and from many spheres of activity
have over 35 years experience in the marine insurance market,
including:
both as insurers and brokers. The course combines formal but
highly interactive lectures, videos, and discussions with dynamic • Insurance brokers (UK and overseas).
exercises. Extensive notes and materials are supplied throughout
the course. • Insurers (UK and overseas).
• P&I clubs.
COURSE DATES • Vessel charterers and charter brokers.
• Port authorities and terminal operators.
Monday 3 April – Friday 7 April 2017 • Reinsurers.
Monday 3 July – Friday 7 July 2017 • Banks and financial institutions.
Monday 4 September – Friday 8 September 2017 • Cargo freight forwarders.
Monday 6 November – Friday 10 November 2017 • Cargo owners.
• Shipowners and managers.
BESPOKE COURSES • Certificates of Financial Responsibility (COFR) providers.
This course has proved very popular and to help meet demand • Maritime lawyers.
we often run the course for individual companies. An increasing • Marine surveyors and salvors.
number of lectures and seminars are being performed around the
• Shipbuilders and repairers.
globe in insurance/reinsurance companies, banks, and national
insurance training colleges. If this is something that may be of
interest to your company please contact us for further details.
Marsh • 1
“I have learnt a huge amount and would recommend
to anyone wanting to further their knowledge
of marine insurance.”
P&I ASSOCIATION DELEGATE – JULY 2016
DISCOUNTS
For confirmed bookings made more than three months before the
start of the course a 10% discounted price is applied, reducing
The hotel has had some notable guests over the
the cost to GBP1,799 + VAT per delegate.
years including Queen Elizabeth I, Catherine of
Aragon, and the Black Prince.
A further 15% reduction per delegate from the above gross price
is offered for confirmed bookings of three or more delegates from
the same company when booked to attend the same course and
when booked at the same time.
LOCATION
Although originally held in Marsh’s Norwich office the course
steadily outgrew the facilities and is now held at the state-of-
the-art conference facilities in the prestigious King’s Centre
in Norwich. The spacious, modern conference facilities and It is said that Lord Horatio Nelson who was born
breakout areas enhance the learning experience, along with the in Norfolk had his first pint of beer in the Maid’s
superb catering and refreshments provided. Head Hotel bar before joining the Royal Navy at
the age of 12.
HOTEL ACCOMMODATION
Marsh has secured very competitive rates at the Maid’s Head
Hotel in Norwich (GBP85.00 per night bed and breakfast), which
is no more than an eight minute walk away from the King’s Centre
conference venue.
Marsh • 3
“The course was excellent. Visual presentations
and handouts were invaluable. I will certainly be
recommending this course to my colleagues.”
MARINE INSURER DELEGATE – APRIL 2016
DAY ONE
SHIPPING CONTRACT AND INSURANCE ISSUES
• How goods get moved around the world, the important contracts employed, and the roles and responsibilities of those involved.
• The international documentary credit system, incoterms, and contractual relationship between buyers and sellers.
• The cargo and insurance implications of the various contracts of sale.
DAY TWO
GENERAL AVERAGE
• The principles of general average, its applicability, and the rights of parties involved following a general average event.
• The main aspects of the York-Antwerp Rules 2016 and the issues with the 2004 version.
• Explain who has to contribute to general average, how much, and what insurance cover is available to those who do have
to contribute.
Marsh • 5
“Such an informative and enjoyable week.
It really did exceed my expectations.”
P&I CLUB DELEGATE – SEPTEMBER 2015
LEARNING OBJECTIVES: DELEGATES WILL UNDERSTAND AND BE ABLE TO EXPLAIN THE FOLLOWING.
DAY THREE
MAJOR COMMERCIAL VESSEL TYPES AND INSURANCE CONSIDERATIONS
• The make up of the world fleet of cargo vessels, how they are measured, and the importance of both dead weight and gross
tonnage of vessels.
• The various designations and uses of the main cargo vessel types and the commercial and insurance concerns with each of them.
DAY FOUR
MARINE CHARTERERS LEGAL LIABILITY INSURANCE
• The various types of vessel charterer and their roles and responsibilities assumed under standard charter party agreements.
• The cover provided and exclusions within marine charterer’s legal liability insurance.
MARINE CLAIMS
• The marine claims process following a loss event.
• The importance of ascertaining the “proximate cause” of a loss, as defined in the Marine Insurance Act (1906).
• Particular average/partial loss claims and how they are handled.
• The Marine Insurance Act (1906) definition of what constitutes Actual and Constructive Total Losses, what is required, and how
major loss types are handled.
MARINE SALVAGE
• The principles of marine salvage and the orders of events following a casualty at sea.
• The importance of the issues raised by the international salvage convention for insurers.
• Explain SCOPIC (Special Compensation P&I Club Clause) and environmental concerns for insurers.
• Understand how salvage and wreck removal awards are made and the insurance cover provided.
DAY FIVE
MARINE HULL INSURANCE FOR OFFSHORE SUPPORT VESSELS
• The offshore support industry, the types of vessels employed, and the insurance issues with each type.
• The cover provided by the Institute Time Clauses Hulls - Port Risk including limited Navigation (Cl.312).
MARINE REINSURANCE
• The types of marine reinsurance available to direct insurers and the reasons why it is purchased.
• The structure of a typical marine reinsurance programme to protect a direct marine insurance account.
• The influence that reinsurance concerns have on the cover by direct insurers.
Marsh • 7
“I have come away from the course with a
much greater knowledge of marine insurance.
Lecturers were engaging and entertaining.”
LLOYD’S SYNDICATE DELEGATE – APRIL 2016
MR STEPHEN HARRIS
PRINCIPAL LECTURER, MARSH
Stephen has been working in the marine insurance market in London for 41 years. During this time, he has
underwritten a marine hull and liability account at Lloyd’s of London for over 13 years and spent seven years as
the assistant hull and liability underwriter at Cornhill Insurance. Stephen joined Sedgwick (now Marsh) in 1994,
to manage and train staff in marine insurance, in addition to managing a portfolio of marine business.
The training and lectures quickly became well renowned and, within a few months, Marsh’s clients and insurers
were asking if their employees could attend.
In 2007, the Lloyd’s Maritime Academy in London asked Stephen to lecture on their marine hull insurance
courses where he is now a regular guest speaker and seminar chairman. In 2012, Stephen was invited to lecture
for the Chartered Insurance Institute in London and received considerable acclaim. Additionally, Stephen has
run marine insurance seminars all over the world for insurance companies, major international banks, shipping
companies and, of course, Marsh (and their sister company, Guy Carpenter), however, Stephen still continues
to play an active role in marine insurance placement activity and client advice in the London and international
markets.
Stephen also sits on the industrial advisory board of the DREAM (Data Risk & Environmental Analytical Methods)
Centre for Doctoral Training set up by Cranfield, Cambridge, Newcastle, and Birmingham universities in the UK.
MR GORDON STREET
MARINE CLAIMS LEADER, MARSH
Gordon began his career in 1976; he joined Marsh in 1997 and is responsible for the marine claims team,
handling principally hull and liability claims. He has dealt with all types of marine claims for clients worldwide,
including claims relating to cruise ships, tankers and gas carriers, cargo vessels, yachts, tugs and barges, ferries,
shipbuilding and repair yards, ports, and terminals operations. Gordon is an annual subscriber to the Association
of Average Adjusters and Foreign Associate Member of the Association of Average Adjusters of the United States.
He was chairman of the marine claims sub-committee of LMBC for three years, commencing January 2003 and is
a Fellow of the Chartered Institute.
MR NEIL PETTITT
CLIENT EXECUTIVE, MARSH
Neil has 38 years of marine insurance experience. He joined Marsh in 1987 as a client executive; reviewing and
understanding client risks and exposures. Neil acts for large accounts principally originating in Asia and the Middle
East. Additionally, Neil lectures on marine cargo insurance matters to clients and insurers around the globe. Neil
also seeks to promote the technical development and capabilities within Marsh cargo, which has been recognised
by K.S. Vishwanath in his Witherby publication “Insuring Cargoes – A practical guide to the law and practice”.
Marsh • 9
MR MATTHEW SMITH
MARINE CLAIMS, MARSH
Matthew began his career within the insurance market in 1997 and joined Marsh’s marine claims team in
January 2006. He is primarily responsible for the claims handling of a number of major marine liability accounts,
specifically for port authorities, terminal operators and charterers, with additional responsibility for hull and
machinery and builders risk placements.
Prior to joining Marsh Matthew gained experience as a marine claims broker within the complex claims team at
Lexington Insurance Company, handling worldwide liability claims for AIG’s major clients. He also has previous
experience of commercial general liability and products liability placements, relating to the pharmaceutical
industry.
Matthew is committed to further education and recently qualified as an Associate Member of the Association of
Average Adjusters and continues to study towards obtaining Fellowship status.
MR JAMES DICKERSON
MARINE LIABILITY, MARSH
James started his career in the marine and energy claims department in 1994 working with liability and hull
clients globally. In 2005, James moved to the marine liability placing team and in 2010 was appointed manager
for the Norwich team. James has a global account portfolio and is experienced in all aspects of marine insurance
which includes ship repairers liability, charterers liability, marine terminal operators liability, general third
party liability, and other specialist marine liability business, including the development of bespoke liability
programmes. James works in a dedicated team in Norwich dealing with London and European insurers and is
also regularly involved in London market broking within the Lloyd’s insurance market.
MR TONY MAYLE
MARINE CLAIMS, MARSH
Tony has worked in the marine insurance industry for over 28 years. In his role as a Marsh claims consultant,
he specialises in hull and machinery, loss of hire, and marine liability work. He provides claims consultancy for
a worldwide portfolio of ship owning and ship managing clients and has managed a number of complex, high
profile casualties during his career.
Apart from his knowledge of the more common London Market marine insurance clauses, he has extensive
dealings with international market underwriters and is practiced in the use and application of the Norwegian
Marine insurance plan and German ADS/DTV insurance clauses.
He is a Member of the Chartered Insurance Institute.
MR CHRISTIAN DALY
MARINE CARGO, MARSH LONDON
Christian began his insurance career at Clegg Gifford and Co. A small Lloyd’s broker specialising in motor,
self-drive hire, motor trade, and commercial. Following this he spent almost four years working as an assistant
underwriter at RSA in the freight forwarders liability class. This involved the writing of a variety of policies from
small UK haulage companies to some of the world’s largest logistics providers. He gained experience in the
mechanics of global policies and the associated mechanisms as well ensuring the writing of profitable business
across the portfolio.
Christian became ACII qualified in December 2013. In 2014, Christian Joined Marsh as a cargo technician
responsible for the construction of insurance contracts, risk placement, and the coordination of insurance
programmes both in Lloyd’s of London and international markets.
Please indicate which course you would like to attend: We have a special rate for delegates attending this course
April 3-7, 2017 in 2017 at the Maid’s Head Hotel, Norwich of GBP85.00 per
night for bed and breakfast.
July 3-7, 2017
September 4-8, 2017 Please indicate if you would like us to help you book
November 6-10, 2017 The Maid’s Head Hotel for the duration of the course:
Invoicing
Payment will be required upon receipt of our invoice. Payment must be made no later than eight weeks before the course starts, or
immediately for bookings made within the eight weeks of the beginning of the course. If the address for the invoice to be sent to is
different to the one given above, please state the address and to whom it is to be sent.
...................................................................................................................................................................................................................
For UK/European companies please enter your company VAT registration number.....................................................................................
Please read the conditions and cancellation policy prior to submitting this form.
Conditions: Provisional bookings are accepted, but must be confirmed within 14 days by completion of a course registration form.
Shortly after confirmation of the booking an invoice will be sent to you. Payment is required no later than eight weeks before the course
starts, or immediately for bookings made within the eight weeks of the beginning of the course. The course cost is exclusive of VAT.
We reserve the right to change details of the programme and speakers if the need arises. Whilst every effort has been made to verify
the accuracy of the information presented at the course, neither Marsh Ltd nor its affiliates can accept any responsibility or liability for
reliance by any person on this information.
Cancellations: Bookings may be cancelled at any time up to two weeks before the start of the course and a refund will be made, less
a 20 percent administration fee. No refund will be made for cancellations made after that date, although a substitute delegate will be
accepted at any time in place of the person booked. If Marsh has to cancel the event for any reason, a full refund will be made.
Marsh Ltd accepts no liability if this event does not take place for whatever reason.
Marsh • 11
Please return completed form to:
MARION PARKER
Marsh, Victoria House, Queens Road, Norwich, Norfolk NR1 3QQ
[email protected]
Fax: +44 (0)20 7929 2705
For further information please call Marion on +44 (0)1603 690 098
Marsh • 13
For further information, please contact your local Marsh office or
visit our website at marsh.com
MARION PARKER
Victoria House
Queens Road
Norwich
Norfolk NR1 3QQ
+44 (0)1603 690 098
[email protected]
STEPHEN HARRIS
Victoria House
Queens Road
Norwich
Norfolk NR1 3QQ
+44 (0)1603 207 324
[email protected]