2022 Marine Insurance Day
November 2, 2022
9:00 AM – 4:00 PM
This is the sixteenth annual Marine Insurance Day Seminar, a collaborative effort of the American Institute of Marine Underwriters (AIMU), American Marine Insurance Forum (AMIF), Association of Average Adjusters of the U.S. and Canada, Inland Marine Underwriters Association (IMUA), and Marine and Insurance Claims Association (MICA). It is through our joint efforts that we can provide high quality educational seminar.
LOCATION:
Baruch College
William & Anita Newman Conference Center
151 East 25th Street, 7th floor
New York, NY 10010
Continental breakfast and CE Credit Sign in: 9:00 - 9:45am. Sessions begin at 9:45am.
REGISTRATION FEE: $180 members/$360 non-members.
CE CREDITS:
Applying for 5 CE credits in NY, NJ, TX, CT
5 NAMS and SAMS credits
SPONSORSHIP OPPORTUNITIES »
Please support the industry, connect with colleagues, and promote your business through one of the varied and exciting sponsorship opportunities!
| ASSOCIATION/TIME | TOPIC | PRESENTER(S) |
|---|---|---|
| 9:45-10:00am | OPENING REMARKS AND WELCOME |  John Miklus, AIMU President |
| Association of Average Adjusters Of US and Canada 10:00-11:00am |
ASSOCIATION OF AVERAGE ADJUSTERS OF THE US AND CANADA BASICS INCLUDING REAL LIFE EXAMPLES Presentation will include a brief introduction to the basics and history of General Average and an update on new GA Guidelines and security documents to be adopted at the CMI Conference in Antwerp in late October. Discussion to provide two salvage operations, HOEGH XIAMEN (fire in Jacksonville in June 2020, leading to total loss of vehicle carrier and cargo, found by the NTSB to be attributable principally to inadequate vehicle battery securement) and EVER FORWARD (refloating 12,000 TEU container carrier aground in Chesapeake Bay in March/April 2020, including lightering some 500 cargo containers, and extensive dredging). Presentations followed by Q&A. |
Presenters: John Witte, President/CEO, Donjon Marine Co. and Director, Donjon-Smit Peter Robinson, Senior Commercial Manager, Resolve Marine Moderators:  Jonathan Spencer, Average Adjuster, The Spencer Company and Member of the Board of Directors, AAA  Joe Grasso, Partner, Wiggin & Dana and Chairman, AAA |
| 11:00-11:15am | COFFEE BREAK | |
| Marine and Insurance Claims Association (MICA) 11:15am - 12:15pm |
This session will include two presentations on topical subject of the war which has dominated the news in the past eight months and is directly related to the marine insurance industry. “The History of the War Risk Exclusion & Its Expansion” presented by Steve Rible. “Sanctions with focus on Russia’s War on Ukraine” presented by Tahlia Townsend The war in Ukraine and US financial sanctions imposed to pressure Moscow into changing course have created large, complex risks for maritime actors. The panel will address war risk exclusion and key areas of financial sanctions risk, and looks forward to your questions on these topics. |
Presenters: Steve Rible, Partner, Kennedys  Tahlia Townsend, Partner, Wiggin & Dana. Moderator:  Jonathan O’Hara, Sr. Vice President, Marine, Energy & Construction Claims, Aspen Insurance |
| American Marine Insurance Forum (AMIF) 12:15pm - 1:00 pm |
SHIPBUILDING WITH A US FOCUS | Presenter: TBA |
| 1:00pm - 2:00 pm | BREAK/LUNCH | |
| Inland Marine Underwriters Association (IMUA) 2:00pm - 3:00pm |
CARGO THEFT TRENDS AND METHODS Cargo theft continues to evolve both in methods and what’s targeted, when, and why. Organized rings continue to create new methods for theft and new ways to move the goods once stolen. This session will examine the latest information related to cargo theft, the data and how to understand it, as well as what changes are key to understanding it. |
Presenter: Scott Cornell, National Practice Lead - Transportation Inland Marine Crime & Theft Specialist Travelers |
| American Institute of Marine Underwriters (AIMU) 3:00pm - 3:55pm |
LOSS COSTS ON THE RISE - UNDERSTANDING THE IMPACT OF INFLATION ON OCEAN MARINE LINES Presentations to address effects of depreciation, inflation, run rate of a claim in today’s dollars vs yesterday, nuclear verdicts, and other emerging issues including recession and how do we as underwriters remain profitable? |
Presenters: Jerry Theodorou Director, Finance, Insurance & Trade Program R Street Institute, WDC.  Sean M. Dalton, CPCU, AMIM, Executive Vice President, Head of Marine Underwriting, North America, Munich Reinsurance America, Inc. |
| 3:55-4:00pm | Closing Remarks | John Miklus, AIMU President |
Cancellation Policy: Written notice required by October 26, 2022 for a refund. 4% cancellation fee will apply.