Offshore Energy Insurance: A Primer (offered in Texas)

Tuesday 11 February 2020, 09:00am - 04:00pm

Overview: Join us for this 1-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, 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:
5 Credits SAMS: 5 Credits NAMS

State Insurance Departments:
5 CE credits for NY, TX and FL

Instructors:
Lisa Chines, Vice President, Upstream Energy Underwriter - Nav Tech, Navigators
Scott Barnard, Vice President / Southwest Regional Manager, Berkley Offshore Underwriting Managers
James Vavasour, President / Group Marine Director, MatthewsDaniel
Manuel Tarantino, EVP / MatthewsDaniel
Chris Pluchino, Senior Vice President, Crum & Forster Surplus & Specialty Lines

TOPICS

1. History of Offshore Energy
· London/Lloyds
· US Market

2. Underwriting - Operators Extra Expense/Control of Well
· Basic Geology
· Operator, Well Planning & AFE
· Drilling Contractor & Rig
· Basic Well Drilling
· Well Control & Loss of Control

3. Underwriting - Physical Damage
· Contractors – Offshore / Onshore Rigs, FPSOs
· Platforms/Pipelines
· Standard Wordings

4. Builders Risk
· Builders Risk/Construction All Risk
· WELCAR Wording

4. Underwriting - Operations Extra Expense/Control of Well

5. Claims Administration

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

6. Aggregation and Accumulation
· Massive Property Limits required
· Multiple owners and Aggregate Accumulation
· Case Study
· Risk Assessment

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 Sage Shopping Plaza at 5151 San Felipe Street (Granite Room/Lobby Level), Houston, TX 77056

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