Introduction to Offshore Energy (2 days)

 
From Wednesday 27 March 2019 -  10:00am
To Thursday 28 March 2019 - 05:00pm
     

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Overview: Join us for this 2-day class consisting of key topics including History of Offshore Energy; Underwriting: Operators Extra Expense/Control of Well and Physical Damage; Alternatives to the Commercial Market; Client Perspective: Risk Management; CAT Management; Treaty Reinsurance; Claims with Case Studies; and Brokering. This class, to be instructed by leaders in the industry, is the result of a two-year project of the AIMU Offshore Energy Committee.

Who Should Attend: Insurance company underwriters, trainees, claims personnel, surveyors, agents or brokers, shipowners, charterers and maritime attorneys.

Continuing Education Credits: 
12 Credits SAMS: 12 Credits NAMS

State Insurance Departments: 
12 CE credits for NY, NJ, CT, PA; 11.5 credits in TX

Instructors:
Lisa Chines, Upstream Energy Underwriter - Nav Tech, Navigators
Scott Barnard, Vice President / Southwest Regional Manager, Berkley Offshore Underwriting Managers
Aron Pasternack, Vice President, New York and Canada Manager, Berkley Offshore Underwriting Managers
Dennis Smith, ARe, AMIM, CPCU, Assistant Vice President, Global Marine and Energy Specialty, Guy Carpenter
James Vavasour, President / Group Marine Director, MatthewsDaniel

Day 2 Topics

6. Alternatives to the Commercial Market

  • OIL (Oil Insurance Ltd.)
  • Captive Insurance Companies

7. Capacity Management

  • Profile of offshore assets/exposure
  • Technological Advances
  • Aggregation
  • Gulf of Mexico Windstorm

8. Treaty Reinsurance

  • functions of reinsurance
  • providers of reinsurance
  • regulation

9. Claims Administration

  • Notice of Claim
  • Investigation
  • Case Studies: Physical Damage; Control of Well; Offshore Construction

10. Brokering Process

  • Prospecting
  • RFP Process and other ways to win
  • Marketing of the risk
  • Servicing & Claims

Program Features: Continental Breakfast Lunch Handouts & Lecture Notes

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 A. Miklus at (212) 233-0550

Refunds/Cancellations
Refund requests will be honored if received at least 48 hours prior to the scheduled start date. All refunds will be subject to a processing fee of 4%. 

Location 14 Wall Street, 8th floor, New York, NY 10005
Contact Elvira Rodin at erodin@aimu.org
For questions about educational credits, contact our Education/Training Specialist, Eileen Monreale
Office phone: 212-233-0550
Emails: emonreale@aimu.org

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