COURSE OVERVIEW:

Maritime Law, Insurance and Claims is an integrated program designed to provide a 360-degree view of the risks, liabilities, and financial protections inherent in the shipping industry. This course examines the legal framework of marine insurance, focusing on the principles of "Utmost Good Faith" and "Insurable Interest" as defined by the Marine Insurance Act. It provides a technical analysis of the various types of cover available, including Hull and Machinery (H and M), Protection and Indemnity (P and I), and Cargo Insurance.

The scope of this training involves a detailed study of the claims handling process from the perspective of both the assured and the insurer. Participants will explore the technicalities of "Actual Total Loss" (ATL) and "Constructive Total Loss" (CTL), alongside the complex calculations involved in "General Average" (GA). The program emphasizes the role of the Average Adjuster and the legal mandates of the York-Antwerp Rules in distributing losses among all parties to a maritime adventure.

Coverage includes the regulatory impact of international conventions on liability, such as the CLC and Fund Conventions for oil pollution. The course addresses the management of collision claims, salvage operations, and the legal implications of "Wreck Removal." By combining legal expertise with insurance principles and practical claims management, this course equips maritime professionals with the knowledge needed to protect assets and manage the financial aftermath of maritime casualties.

COURSE OBJECTIVES:

After completion of this course, the participants will be able to:

1. Explain the fundamental principles of the Marine Insurance Act.
2. Differentiate between Hull and Machinery (H and M) and P and I cover.
3. Apply the principle of "Utmost Good Faith" (Uberrimae Fidei) in underwriting.
4. Manage the claims process for Hull damage and Machinery breakdown.
5. Distinguish between "Actual Total Loss" and "Constructive Total Loss."
6. Calculate General Average (GA) contributions under the York-Antwerp Rules.
7. Oversee the management of Collision and Third-Party liability claims.
8. Evaluate the legal requirements for "Wreck Removal" and pollution liability.
9. Manage the interface with P and I Club correspondents during an incident.
10. Understand the role of the "Letter of Undertaking" (LOU) in vessel release.
11. Navigate the legalities of Salvage and "No Cure - No Pay" contracts.
12. Implement effective claim notification and evidence preservation protocols.
13. Audit insurance policies for compliance with international lending requirements.

TARGET AUDIENCE:  

Insurance Managers, Shipowners, Legal Counsel, P and I Club Staff, and Technical Superintendents.

TRAINING COURSE METHODOLOGY:

A highly interactive combination of lectures, discussion sessions, and case studies will be employed to maximise the transfer of information, knowledge, and experience. The course will be intensive, practical, and highly interactive. The sessions will start by raising the most relevant questions and motivating everybody to find the right answers. The attendants will also be encouraged to raise more of their questions and to share in developing the right answers using their analysis and experience. There will also be some indoor experiential activities to enhance the learning experience. Course material will be provided in PowerPoint, with necessary animations, learning videos, and general discussions.

The course participants shall be evaluated before, during, and at the end of the course.

COURSE CERTIFICATE:

National Consultant Centre for Training LLC (NCC) will issue an Attendance Certificate to all participants completing a minimum of 80% of the total attendance time requirement.