Marine Insurance

The module is an international “journey” about demonstrating knowledge and understanding of essential elements of marine insurance contracts, marine hull and associated liability risks and protection and indemnity insurance.

  • Duration
    4 Weeks
  • Format
    Online
  • Language
    English
  • Start date
    Monthly
  • Accredited by
Marine Insurance

The module is an international “journey” about demonstrating knowledge and understanding of essential elements of marine insurance contracts, marine hull and associated liability risks and protection and indemnity insurance.

  • Duration
    4 Weeks
  • Format
    Online
  • Language
    English
  • Start date
    Monthly
  • Accredited by
Overview

The course is an international “journey” about demonstrating knowledge and understanding of essential elements of marine insurance contracts, marine hull and associated liability risks and protection and indemnity insurance.

It would be of benefit to those involved in marine insurance related services, marine insurance brokers and those who wish to enhance their knowledge in the marine insurance field and understand marine insurance market, apply different marine and cargo policies, analyze and describe factors affecting marine insurance.

The aim of this study is to state the principles of marine insurance contract, the law as clearly as possible, relationship between Marine Insurance Act, case law and standard terms of Institute clauses, mainly hull and cargo and interaction with P&I insurances.

Meet the Instructor

Victoria D. Liouta is an Attorney, Mediator and Trainer of Mediators, International Commercial Arbitrator and Fellow of CIArb, Negotiator, Facilitator and has Master’s Degree in Maritime Law. She has worked in shipping field as maritime lawyer for the last 28 years with focus on Marine Insurance, Claims handling and Shipping Law, Negotiations and Arbitration and presently runs a company in marine insurance and claims sector. She has consulted and prepared clients in commercial, business, insurance and shipping mediations and arbitrations worldwide.

Overview

The course is an international “journey” about demonstrating knowledge and understanding of essential elements of marine insurance contracts, marine hull and associated liability risks and protection and indemnity insurance.

It would be of benefit to those involved in marine insurance related services, marine insurance brokers and those who wish to enhance their knowledge in the marine insurance field and understand marine insurance market, apply different marine and cargo policies, analyze and describe factors affecting marine insurance.

The aim of this study is to state the principles of marine insurance contract, the law as clearly as possible, relationship between Marine Insurance Act, case law and standard terms of Institute clauses, mainly hull and cargo and interaction with P&I insurances.

Meet the Instructor

Victoria D. Liouta is an Attorney, Mediator and Trainer of Mediators, International Commercial Arbitrator and Fellow of CIArb, Negotiator, Facilitator and has Master’s Degree in Maritime Law. She has worked in shipping field as maritime lawyer for the last 28 years with focus on Marine Insurance, Claims handling and Shipping Law, Negotiations and Arbitration and presently runs a company in marine insurance and claims sector. She has consulted and prepared clients in commercial, business, insurance and shipping mediations and arbitrations worldwide.

This Diploma Aims to:

√ provide a systematic understanding of particular topics of the Marine Insurance with analysis of the Hull, Cargo, Liability and Offshore Energy clauses commonly used in the London Market

√ deal with particular problems of interpretation to which these clauses have given rise in their everyday application

√ deal with Particular (total and partial) and General Average and related measure of indemnity

√ provide students the tools to deal in a satisfactory manner with legal issues arising in marine insurance

This Diploma Aims to:

√ provide a systematic understanding of particular topics of the Marine Insurance with analysis of the Hull, Cargo, Liability and Offshore Energy clauses commonly used in the London Market

√ deal with particular problems of interpretation to which these clauses have given rise in their everyday application

√ deal with Particular (total and partial) and General Average and related measure of indemnity

√ provide students the tools to deal in a satisfactory manner with legal issues arising in marine insurance

What you’ll learn

At the end of the module the learner will be able to:

Demonstrate a critical understanding of the basic principles applied in marine insurance

Evaluate and analyze Hull, Cargo, Liability and Offshore Energy clauses commonly used in the London Market

Critically assess the rule of proximate cause and analyze particular perils insured and exceptions from cover

Appraise and evaluate the difference between Particular and General Average and Particular Charges and analyse how indemnity is measured in case of a marine loss

Implement solutions to legal issues arising in practice

Develop personal effectiveness in terms of marine insurance practice and reflect constructively on their own learning experience for future decision-making skills

ASSESSMENT STRATEGY

Based on the Programme Specification, students are formally assessed through the submission of coursework. The forms of coursework depend on the characteristics of each module and may include the following types
of assessments: case study, essay, report, dissertation, market analysis,project output, valuation, etc.

In addition each module incorporates multiple self-assessment tests. Self-assessment tests are not part of the formal assessment but completion is strongly encouraged as students will be able to monitor and evaluate their learning process and identify areas requiring improvement.

FINAL AWARD

Diploma awarded by BCA accredited by GIME
As per university regulations

What you’ll learn

At the end of the module the learner will be able to:

Demonstrate a critical understanding of the basic principles applied in marine insurance

Evaluate and analyze Hull, Cargo, Liability and Offshore Energy clauses commonly used in the London Market

Critically assess the rule of proximate cause and analyze particular perils insured and exceptions from cover

Appraise and evaluate the difference between Particular and General Average and Particular Charges and analyse how indemnity is measured in case of a marine loss

Implement solutions to legal issues arising in practice

Develop personal effectiveness in terms of marine insurance practice and reflect constructively on their own learning experience for future decision-making skills

ASSESSMENT STRATEGY

Based on the Programme Specification, students are formally assessed through the submission of coursework. The forms of coursework depend on the characteristics of each module and may include the following types
of assessments: case study, essay, report, dissertation, market analysis,project output, valuation, etc.

In addition each module incorporates multiple self-assessment tests. Self-assessment tests are not part of the formal assessment but completion is strongly encouraged as students will be able to monitor and evaluate their learning process and identify areas requiring improvement.

FINAL AWARD

Diploma awarded by BCA accredited by GIME
As per university regulations

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