Marine Insurance

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.

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

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.

  • Duration
    4 Weeks
  • Format
    Online
  • Language
    English
  • Start date
    Spring
  • 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.

Marine Insurance contract:

Key elements of marine insurance - Marine Adventure and Risk: lawful performance, proximate cause, loss - Navigational Areas and Limits - Legal Environment of Shipping: International Conventions, Law and Jurisdiction

One assignment

One video lesson

Marine Insurance Act 1906:

Principles and Marine Insurance Act 2015: Changes in marine insurance contract

One assignment

One video lesson

Losses:

Total Loss, Partial Loss, Constructive Total Loss, Particular Average, General Average, Salvage, Towage, Collision, Pollution - Hull Cover Clauses

One assignment

One video lesson

Protection and Indemnity:

Interaction with other insurances and Claims Handling: Parties, documents

One assignment

One video lesson

What you’ll learn

Provide an understanding of Marine
Insurance Principles
 
with analysis of Marine Insurance Acts (UK), the Hull, Cargo, and Liability clauses commonly used in London market.

Analyse the relationship between Marine Insurance Act, case law and standard terms of Institute clauses,mainly hull and cargo and interaction with P&I insurances.

Evaluate concepts, policies, procedures together with an understanding of associated aspects of Marine Insurance and their application to various situations.

 Demonstrate knowledge and
understanding
of essential elements of marine insurance contracts, marine hull and associated liability risks
and protection and indemnity insurance.

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

Certificate awarded by BCA accredited by IMAREST
As per university regulations

What you’ll learn

Provide an understanding of Marine
Insurance Principles
 
with analysis of Marine Insurance Acts (UK), the Hull, Cargo, and Liability clauses commonly used in London market.

Analyse the relationship between Marine Insurance Act, case law and standard terms of Institute clauses,mainly hull and cargo and interaction with P&I insurances.

Evaluate concepts, policies, procedures together with an understanding of associated aspects of Marine Insurance and their application to various situations.

 Demonstrate knowledge and
understanding
of essential elements of marine insurance contracts, marine hull and associated liability risks
and protection and indemnity insurance.

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

Certificate awarded by BCA accredited by IMAREST
As per university regulations

Requirements

Applying to the course with some simple steps.

EDUCATIONAL REQUIREMENTS

In order to be considered for admission in the Online MSc Shipping programme, it is essential that applicants fulfil the following entry requirements:

English Language Qualifications:
ELTS: a minimum score of 5.5 (with a minimum score of 5.5 in

each component of the test)
Cambridge English: Proficiency (CPE): Pass at C1 level
Cambridge English: Advanced (CAE): C and above
Cambridge English: First (FCE): B and above
Examination for the Certificate of Proficiency in English (ECPE): P
(Pass) and above
Pearson Academic (PTE): 53 (with a minimum score of 51 in
each component of the test)
BCA IELTS Placement Test: a minimum score of 6.5 (with a
minimum score of 6.0 in each component of the test)
Other English language qualifications may be considered.

Working Experience:
No relevant experience required.

DOCUMENT REQUIREMENTS

Before completing the Online Application, please make sure that you possess the following documents for your own convenience:
Proof of English Language Proficiency
Employer/Professor recommendation (two letters of recommendation)
Photocopy of identification card or Passport
One passport-size photograph
Proof of Work Experience (where necessary)
CV or resume

Requirements

Applying to the course with some simple steps.

EDUCATIONAL REQUIREMENTS

In order to be considered for admission in the Online MSc Shipping programme, it is essential that applicants fulfil the following entry requirements:

English Language Qualifications:
ELTS: a minimum score of 5.5 (with a minimum score of 5.5 in

each component of the test)
Cambridge English: Proficiency (CPE): Pass at C1 level
Cambridge English: Advanced (CAE): C and above
Cambridge English: First (FCE): B and above
Examination for the Certificate of Proficiency in English (ECPE): P
(Pass) and above
Pearson Academic (PTE): 53 (with a minimum score of 51 in
each component of the test)
BCA IELTS Placement Test: a minimum score of 6.5 (with a
minimum score of 6.0 in each component of the test)
Other English language qualifications may be considered.

Working Experience:
No relevant experience required.

DOCUMENT REQUIREMENTS

Before completing the Online Application, please make sure that you possess the following documents for your own convenience:
Proof of English Language Proficiency
Employer/Professor recommendation (two letters of recommendation)
Photocopy of identification card or Passport
One passport-size photograph
Proof of Work Experience (where necessary)
CV or resume