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Hull Builders Risk Insurance Class - Virtual

Monday 16 November 2020, 10:00am - 04:30pm

About the AIMU Virtual Classroom
AIMU utilizes a video conferencing service Adobe Connect, which allows full attendee engagement through Q&A pods, chat pods and interactive polling with video engaged for all instructors. Attendees can ask questions in real time and share experience and information with other students in the class. All classes are instructed by subject matter experts who are leaders in their individual fields. Each class is designed with 50-minutes of instruction followed by a 10-minute break, as well as a one-hour lunch break for a full-day class.

Description: This virtual class will provide an understanding of the exposures in hull builders risk, review coverage forms and underwriting considerations, and address loss control and loss prevention. 

Topics Covered:
Understanding the Exposures
• Overview of the U.S. Shipbuilding Industry

• Location of Yard
• Fire Protection
• Experience of Builder
• Launching
• Sea Trials
• Delivery Trips

Coverage Forms and Underwriting Considerations
• American Institute Builder’s Risk Clauses
• Addendum 1 / Addendum 2
• Open Cover vs. Single Vessel Placement
• Multiple Limits
• Deductibles
• Additional Terms & Conditions Available by Endorsement
• Rating Methods
• Excess Builder’s Risk – Rating and Compression
• Refit / Conversions Risks

Loss Control / Loss Prevention
• JH 143 Survey – Origin & Use
• Elements of the JH 143


 Brian Murphy  Lincoln Purdy Curt Browder 1  Claudio Crivici headshot
Brian F. Murphy, CPCU
Senior Vice President
Berkley Offshore Underwriting
Lincoln Purdy, CPCU, AMIM
Vice President
Starr Marine
William C. Browder
Value Creation Executive
Claudio Crivici, NAMS-CMS
Castlerock Risk Services, LLC.

The tuition is $230 members, $460 nonmembers.  

Continuing Education Credits: 
NAMS: 5 credits  SAMS: 5 credits

State Insurance Departments:  
5 credits in NY, NJ, TX

Distance Attendees: The course handouts and  lecture notes will be emailed out 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. All refunds will be subject to a processing fee of 4%. 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 or in person on the day of the event.

Program Features: Handouts; Lecture Notes; Continuing Education Credits

Location Virtual

Contact Elvira Rodin at
For questions about educational credits, contact our Education/Training Specialist - Eileen Monreale,
Office phone: 212-233-0550