Protection and Indemnity Insurance

Learn about the exposures to Liability for injury or death to crew and passengers, vessel owners’ liability to shore workers, miscellaneous liabilities for death and injury. Study the P & I policy insuring agreement, additional exclusions, and limitations, underwriting and claims provisions.  

Content:

P & I Insurance Policy

• Introduction and Development of Protection & Indemnity Coverage
• Protection and Indemnity Clauses
• Protection and Indemnity Clauses
• AIMU Protection and Indemnity Clauses
• Coverage Comparison

Underwriting Considerations

• Class Categories
• Geographic Territories
• Importance of Financials
• Large Loss Potential
• Inherent Hazards
• External Exposures
• Management
• Account Experience
• Economies Environment

Claims Administration 

• Policy Coverage
• Insured & Policy Forms
• Types of Claimants
• Loss Investigation & Adjusting

Loss Prevention and Control

• When to use a Marine Surveyor
• Types of Surveys
• Criteria for Selecting a surveyor.
• Reporting Criteria
• What to expect from the Surveyor
• What the Surveyor should expect from the Underwriter 

For Whom:

Underwriters, claims personnel, investigators, maritime ship owners, attorneys, insurance agents and brokers.

Training Methodology

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.