Marine Underwriting Management

Course Overview

Some cynics have suggested that the more an underwriter knows the business, the less he or she will be inclined to accept risks and insure. This however, is hardly the way to run a successful insurance business. The essence of underwriting is to assess and accept insurable risks, apply appropriate insurance conditions and charge the appropriate premium. This is just as true for the underwriting of marine and inland transit insurance as it is for other forms of insurance.This course explains the legal terms, concepts, principles and classes of marine insurance. It also explains risk factors, carriers’ liability, marine liability insurance, cargo insurance for marine ventures and inland transit and covers reviewing performance of marine portfolios.

Learning Objectives

Upon completion of the course, you should be able to: -

  • Explain legal terms and concepts and examine the principles and classes of marine insurance;
  • Explain marine hull and pleasure craft insurance;
  • Explain marine liability insurance and cargo insurance for marine ventures and inland transit;
  • Explain carriers' liability insurance;
  • Explain and assess risk factors;
  • Outline the different types of marine liability insurance;
  • Examine marine insurance proposals and policy wordings;
  • Review the operational performance of marine portfolios.

Price: $335

This Course includes:

   Text-based content

   6 Weeks