OBJECTIVE
At the end of the workshop, participants will have obtained:
• An understanding of the basics of each type of business that can be underwritten into a cargo book of business and the types of risks written
• Extensive introductory knowledge of cargo insurance and related terminology
• An understanding of the basics of marine insurance and the various types of risks associated to it
• An insight into the various markets available
• An overview of insurance best practice obtained from experienced market speakers
• An increased knowledge of the marine business and related terminology
CONTENT
• What types of risks can be written in a standard marine cargo account?
• Overview of jewelers block, fine art, general specie, and pre-launch insurance
• What business is general marine cargo insurance protecting?
• How are goods carried?
• Introduction to legal and documentary elements of carriage of goods by sea, road, rail and air
• Overview of the main institute clauses and introduction to the specialist clauses and key international clauses
• What are the underwriting considerations for marine cargo insurance?
• Types of policy available
• Loss prevention and mitigation
• Recoveries
METHODOLOGY
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.
DATE:
1ST BATCH: 4th – 7th Mar,2025
2ND BATCH: 15th – 18th July,2025
3RD BATCH: 11th – 14th Nov,2025
25, Queen street, Alagomeji Bus Stop, Yaba, Lagos