AIMU Hull Builders Risk Insurance Class - 1 day

Wednesday 03 November 2021, 10:00am - 04:30pm

Virtual Event

About the AIMU Virtual Classroom
AIMU utilizes the GoToWebinar and GoToTraining platforms, which allow full attendee engagement through Q&A and chat panels, 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 $200 members, $400 nonmembers.  

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

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

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

Program Features: Handouts; Lecture Notes; Continuing Education Credits

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

Location Remote option only

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