Marine Cargo – A beginner’s guide

Marine insurance is the oldest form of insurance and despite the new Insurance Act doing away with the Marine Insurance Act, marine still plays a pivotal role in today’s insurance market place. This lecture will take a look at the basics of marine cargo and some common pitfalls/mis-conceptions.

• Incoterms
• Institute Cargo Clauses
• Why Insure?
• Overcoming client objections
• Stock Throughput
• FAQ’s

Understand the basic underlying clauses that apply to marine cargo contracts

Know when cargo insurance is needed and by whom and the benefits of cargo insurance

Understand what is and is not covered under the standard contract terms

Learn about Stock Throughputs; when they are appropriate; what cover is provided and what to look out for

Be able to answer frequently asked questions from clients

A light buffet lunch and refreshments will be available from 12.15 with the seminar starting at 1p.m. for an hour.

I am a former Chairman of the Manchester Marine Insurance Association and until recently sat on the Joint Cargo Committee at Lloyds. I have been working in the Manchester Marine Market for nearly 20 years. Whilst most of my time has been spent underwriting, I have also served time in broking and claims. My current role as regional marine manager at CNA Hardy is split between cargo; transportation and contract logistics.

The Nottingham Insurance Institute charges for non-attendance at all CPD events. If you do find that you are unable to attend, we ask that you give us at least 4 working days’ notice that you are no longer able to attend.

Please note, if you fail to let us know before this deadline, we will need to charge a £30.00 (inc. VAT) non-attendance fee to cover the cost of catering, booking arrangements and denial of your place to other members.

All cancellations must be received by email and you will receive confirmation of your cancellation. You may also nominate a replacement if you are unable to attend. By proceeding with the registration, you agree to these terms and conditions.

If you have any special requirements, be these of a dietary, disability or religious nature, please respond to your booking confirmation email with the details.

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