Key Learning Outcome:
At the end of the course, participants will be able to:
- identify the principles applicable
to marine cargo insurance.
- draft the various types of marine
cargo policy.
- understand the purpose and
application of Incoterms and
Sales Contract and advice client
accordingly.
- analyse and interpret the
different coverage provided by
various institute clauses.
- identify relevant risk exposure for
underwriting consideration and
prepare quotation.
Course Content:
Day 1: 23 May 2022
-
Session 1
Introduction to Marine Insurance Act 1906
- emphasizing the various sections relating to
marine cargo insurance
-
Session 2
Policy drafting of the various types of marine
cargo policy-
including the application of various
mandatory clauses
-
Session 3
-
How to compute the actual cargo sum insured?
-
Session 4
-
Why insurance on duty need to be
separately insured?
-
Session 5
-
Analysis of all the 11 different types of terms
under Incoterms 2010
Day 2: 24May 2022
- Session 6
Analysis of the revised Institute Cargo Clauses A, B
and C – 2009-
including the major differences when comparing
with 1982 clauses
-
brief overview of their respective War and Strikes
Clauses
-
Session 7
Detail understanding of cargo risk assessment in
marine cargo underwriting,
not limited to-
modes of transit and it’s hazards
-
understand the importance of risk exposure
-
outside Malaysia
-
application of excess and general exclusions
-
example of technical rating
-
case study
Target Audience - Executives and Managers from the insurance industry.
-
Anyone interested to learn more about technical marine cargo insurance.
Speaker Profile
ASHOK KUMAR SHARMA
AAII
Ashok Kumar is an Associate of Australian Insurance Institute (AII). He
has more than 40 years of experience in handling all classes of general
insurance lines.
His specialization is marine insurance and insurance training, and regularly
provides training to MII participants.
Ashok is currently a General Manager at a leading reinsurance broking company.
Date and Time
Date: 23 - 24 May 2022
Time: 9.00 a.m. - 4.00 p.m.
Registration Closing Date: 16 May 2022
Price
Early Bird (Register before 2 May 2022)
MII Member:
RM680 (Single), RM630 (Group)
Non Member:
RM850 (Single), RM800 (Group)
International:
USD200 (Single), USD180 (Group)
Normal Fee
MII Member:
RM750 (Single), RM700 (Group)
Non Member:
RM900 (Single), RM850 (Group)
International:
USD230 (Single), USD200 (Group)
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