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General Average & Marine Insurance

Curriculum

  • 5 Sections
  • 20 Lessons
  • 5 Days
Expand all sectionsCollapse all sections
  • Module 1: Foundations of General Average
    4
    • 1.1
      History, principles, and purpose of General Average in maritime trade
    • 1.2
      The York-Antwerp Rules and their global application
    • 1.3
      Circumstances leading to General Average declaration
    • 1.4
      Roles of shipowners, cargo owners, insurers, and adjusters
  • Module 2: Marine Insurance Policies & Coverage Types
    4
    • 2.1
      Overview of marine insurance: hull & machinery, cargo, freight, and P&I coverage
    • 2.2
      Institute Clauses and international insurance standards
    • 2.3
      Policy structures, exclusions, deductibles, and premium considerations
    • 2.4
      Aligning insurance policies with operational and commercial risk profiles
  • Module 3: General Average Processes, Documentation & Apportionment
    4
    • 3.1
      Preparing and submitting General Average documentation
    • 3.2
      Adjusters’ role in investigating, calculating, and apportioning costs
    • 3.3
      Security requirements: GA bonds, guarantees, and insurer commitments
    • 3.4
      Managing operational disruptions and stakeholder coordination during GA events
  • Module 4: Claims Management & Dispute Resolution
    4
    • 4.1
      Claims preparation, settlement procedures, and best practices
    • 4.2
      Common disputes in GA and marine insurance—and how to resolve them
    • 4.3
      Legal frameworks influencing claims and liability allocation
    • 4.4
      Working effectively with P&I clubs, underwriters, and maritime authorities
  • Module 5: Risk Management, Crisis Response & Future Trends
    4
    • 5.1
      Identifying and mitigating maritime operational risks
    • 5.2
      Crisis management strategies for fires, groundings, collisions, and cargo loss
    • 5.3
      Digitalisation of marine insurance: analytics, automation, and risk scoring
    • 5.4
      Future trends in maritime risk, climate impacts, and regulatory evolution
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