Description:This course will build on the AIMU Introduction to Hull Insurance course. Students will review in further depth and more broadly forms used to insure larger, more sophisticated brown water and coastal vessels, along with US internationally trading vessels. The course will review underwriting approaches for various classes of Hull business and compare the American Institute Hull Clauses with the London Institute Time Hull Clauses and other market forms. In addition to Hull, the course will cover in detail Increased Value, Collision/RDC, Builder’s Risk, and hostile acts coverage. The course will review market premium and loss statistics and discuss rating approaches including those based on the loss distribution curve approach. The course will also discuss the challenges of insuring evolving vessels designs and current insurance market trends.
Who Should Attend: Insurance company underwriters, trainees, claims personnel, surveyors, agents or brokers, shipowners, charterers, and marine attorneys who have completed AIMU's Introduction to Hull Insurance and/or have had experience with Hull Insurance underwriting or claims.
|Brian F. Murphy, CPCU
Senior Vice President
Berkley Offshore Underwriting Managers
|John E. Ellis
Head of Ocean Marine US
The tuition is $230 members, $460 nonmembers.
Approved for 6 CE Credits in NY, NJ, TX for P&C Agents and Brokers license.
Also approved for 6 NAMS and SAMS Credits.
Distance Attendees: The course handouts and lecture notes will be emailed in advance, along with log in codes.
Special Assistance: In Compliance with the American's with Disabilities Act, AIMU will make all reasonable efforts to accommodate persons with disabilities at its meetings. Please call John Miklus at (212) 233-0550
Refunds/Cancellations/Substitutions: Refund requests will be honored if received at least 48 hours prior to the scheduled start date. Cancellations received after the refund deadline and "no shows" are subject to the full registration fees. Substitutions may be made by notifying AIMU via email. Please contact Elvira Rodin at firstname.lastname@example.org.
Program Features: Handouts; Lecture Notes; Continuing Education Credits