Overview:  This course will review the forms and clauses used to insure hull and machinery damage coverage for blue and brown water vessels. Students will study the insuring agreements, conditions, exclusions, limitations and special features of the forms. Underwriting and claims principles and practices will be discussed. Learn about surveyors and the different types of surveyors that can be assigned and utilized to improve the risk and/or assist in the claims process. 

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

Brian Murphy, VP, Berkley Offshore Underwriting Managers 
John Ellis, Head of Ocean Marine US, Canopius Underwriting Agency, Inc. 
Tom Kula, Sr. Marine Claims Manager, International Marine Underwriters
John Walker, Managing Director/Marine, Braemar

Continuing Education Credits: NAMS:
12 Credits SAMS: 12 Credits

State Insurance Departments:
12 credits in NY, NJ, TX
10 credits in MA



 1.  Major Hull Clauses - Brief Discussion Compare / Contrast

a.  Blue Water  - American Institute Hull Clauses (AIHC) 1977

 - ITC London 2002

- Norwegian Plan

b.  Brown Water      -   AHIC

-  Taylor Form

 - Tug Form

c.  Claims

-  GA vs. PA

-  Unrepaired Damage

d.  General Average & Salvage

-  Duties under form

-  Salvage vs. Wreck Removal

-  Additional Limit

2.  AIHC Discussion of Clauses

a.  Assured

b.  Loss payee

c.  Subject matter

d.  Duration, Agreed Value, Amount

e.  Deductible, Premium, Returns

f.   Adventure

-   Breaches

g.  Perils

-  Named Perils

h.  Additional Perils

-  Liner Negligence

i.   Deliberate Damage

j.   Total Loss

k.  Sue & Labor

-  Additional Limit

l.   Collision Liability

-  4/4th, 3/4th, F&FRO

-  Additional Limit

m. Pilotage, Towage, Change of Ownership

n.  Additional Insurances

-  IV, Disbursements

o.  War, SRCC exclusion

-  War risk cover

p.  Additional Coverages

-  RACE clause


1.   Introduction

2.  Understanding the Risk

a.  Application/Information Gathering Process

-  Operation

Specifics of exposure; waters, how often, doing what, etc.

Tug & Barge vs. passenger vessel vs. commercial fishing, etc.

-  Vessel owners and experience

History of assured with this type operation


-  Crew compliment and experience

Hiring practices; number of crew, experience, etc.

-  Vessel specifics

Blue vs. Brown water

Age, size, design, construction



-  Loss history

5 year minimum with detailed information

b.  Underwriting the producer

-  Relationship with producer

-  Book of business/Experience

-  Profitable or not

3.  Rating Plans and Setting Policy Terms

a.  Appropriate policy form for intended use and operation of vessel(s)

b.  Exposure vs. Loss Rating; "As If's" and there application

c.  Impact on premium of Broad vs. Restrictive terms

d.  Credits and debits to apply


1.  Notice of Claim

2.  Investigation

3.  Documentation

4.  Proof of Loss

5.  Methods of Settlement


1.  Introduction

a.  The need for a survey

b.  Historical background

c.  Survey organizations

d.  Survey procedures and mechanism following casualties - interaction between Owner, Broker, Surveyor, Underwriter

2.   Salvage

a.  Salvage from the viewpoint of the Underwriters surveyor

b.  Different salvage contracts - which type and when

c.  Relationships, Owners Salvors Underwriters Surveyor

3.  Damage Surveys

a.  Hull

b.  Machinery

c.  Guidance for Owners Representatives

4.  Claims Presentation

a.  Interaction between Owners, Adjuster, Surveyor

5.  Other Survey Types Behalf Underwriters, Other Issues

a.  Loss of hire

b.  Cargo

c.  Hull surveys on behalf of cargo interests

d.  Warranty surveys and denial of claims

e.  Conflicts of interest

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

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%.