Introduction to Marine War and Associated Perils Insurance

Course Introduction

This on-line interactive course offers a comprehensive analysis of the complexities surrounding marine insurance, with a focus on war risks and piracy. Participants will explore key legal frameworks, the nature of maritime threats, and their impact on insurance policies. This program equips attendees with essential knowledge on identifying, managing, and mitigating these risks within the insurance sector.

Who should attend?

This course is ideal for:

• Insurance professionals involved in marine underwriting and claims management
• Risk and insurance managers within maritime organisations
• Marine insurance intermediaries
• Loss adjusters handling maritime claims
• Legal experts specialising in maritime law

Course Objectives

By the end of the session, participants will be able to:

• Understand the legal regulations governing marine war risks and piracy
• Assess the insurance implications of war-related incidents and piracy at sea
• Examine underwriting principles specific to marine war risks and piracy
• Gain insight into claims management processes for maritime terrorism and piracy scenarios

Course Content

• Regulatory Frameworks: Examination of laws governing marine insurance
• War Risks & Insurance: How policies respond to war-related incidents at sea
• Piracy & Insurance: Coverage challenges and risk considerations
• Maritime Terrorism & Insurance: Evaluating the impact of terrorism on marine policies
• Underwriting & Risk Assessment: Key factors in policy development for war risks and piracy