Marine Cargo Insurance Management Workshop
Course Overview
Understand the principles and practices of marine cargo insurance and its role in global trade.
Learn how to manage marine cargo risks, policies, and claims effectively.
Explore international regulations, insurance clauses, and underwriting considerations in marine insurance.
Gain practical knowledge in handling cargo insurance operations, documentation, and dispute resolution.
Training Format:In-class, Virtual, In-house
Location:Lagos, Accra, Nairobi, Kigali
Language:English, French
Nigeria Price:
₦350000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$5500
Rwanda Price:
$6000
Nigeria Price:₦350000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$4000
Rwanda Price:
$4000
Nigeria Price: ₦350000
Int'l., (Nigeria) Price:
$1000
Ghana Price: $4000
Kenya Price: $4000
Rwanda Price: $4000
Introduction to Marine Cargo Insurance
Overview of Marine Insurance: History, importance, and scope in international trade.
Types of Marine Cargo Insurance: Open cover, specific voyage policies, and floating policies.
Key Stakeholders: Shippers, insurers, brokers, freight forwarders, and regulators.
Marine Cargo Risk Assessment and Underwriting
Nature of Marine Risks: Perils of the sea, theft, damage, delay, and environmental risks.
Cargo Classification: Types of goods and associated risk profiles.
Underwriting Principles: Risk evaluation, premium determination, and policy terms.
Institute Cargo Clauses and Policy Documentation
Institute Cargo Clauses (A, B, C): Scope of coverage and exclusions.
Policy Documentation: Certificates of insurance, bills of lading, and shipping documents.
Contract Terms: Warranties, conditions, and exclusions in marine policies.
Claims Management and Loss Adjustment
Claims Procedures: Notification, documentation, and claims processing steps.
Loss Assessment: Role of surveyors and adjusters in evaluating damages.
Settlement and Recovery: Claims settlement, subrogation, and dispute resolution.
Legal and Regulatory Framework
International Conventions: Hague-Visby Rules, Incoterms, and maritime laws.
Compliance Requirements: Regulatory standards for marine insurance operations.
Dispute Resolution Mechanisms: Arbitration, mediation, and litigation processes.
Risk Management and Loss Prevention Strategies
Cargo Handling Best Practices: Packaging, storage, and transportation controls.
Risk Mitigation Techniques: Use of insurance clauses, warranties, and inspections.
Supply Chain Risk Management: Managing end-to-end cargo risks.
1ST BATCH: Tuesday, March 24, 2026 — Friday, March 27, 2026.
2ND BATCH: Tuesday, July 21, 2026 — Friday, July 24, 2026.
3RD BATCH: Tuesday, November 17, 2026 — Friday, November 20, 2026.
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and
illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical
experience, emphasizing the application of learned techniques. This approach ensures that attendees return
to their professional environments equipped with both the competence and self-assurance to effectively
implement the acquired skills in their responsibilities.
