Sales
HRD Training Prog No 10001365866 Date & Time 17 – 18 February 2025
9.00 a.m. – 5.00 p.m.Registration Deadline 12 February 2025 Learning Format In-Person Training
Overview
Insurance Professionals working in the insurance sector who wish to specialize in or enhance their knowledge of marine cargo insurance, underwriters, claim adjusters, logistics and supply chain managers & individuals or companies involved in the movement of cargo who need to understand insurance coverage to protect their shipments or those studying insurance, maritime law, or related fields, and seeking a foundational knowledge in marine cargo insurance.
Recommended For
The Foundation Course in Marine Cargo Insurance aims to provide participants with a fundamental understanding of marine cargo insurance, focusing on key aspects of coverage and risk management. The key objectives are basic principles, policy types and coverage, risk assessment, clam process & regulatory framework.
HRD Corp Claimable
14 CPD Hours
Programme Structure
Day 1
- Introduction to Marine Insurance
- Why it is called a marine adventure?
- A brief overview of marine insurance history and its development
- International and Malaysian trade practices
- The basic principles relating to marine cargo insurance including implied/express warranty
- Introduction to various types of marine cargo policy including a brief overview of the basis of valuation and insurance on duty
- A brief overview on the purpose of Incoterms 2010 and Sales Contract
Day 2
- Introduction to revised Institute Cargo Clauses A, B and C
- Basic coverage and exclusion
- Comparison between the clauses
- Duration of cover (Transit Clause)
- Introduction to the basic cargo risk assessment
- How to interpret information and underwrite the risk
- Introduction to claim process and procedure
- The importance of original claim documents
- Red Clause or Importance Notice
- How to interpret information and underwrite the risk
Dates
17/02/2025
Classroom
18/02/2025
Fees
Fees
Early bird (register before 2 February 2025)
Member Single – RM980 / USD 230
Non-Member Single – RM1,080 / USD250
Normal Fees (closing on 12 February 2025)
Member Single – RM1,080 / USD250
Non-Member Single – RM1,180 / USD272
Member Group of 3 – RM930 / USD218
Non-Member Group of 3 – RM1,030 / USD240
Meet The Expert
JASDEEP SINGH
Jasdeep Singh has been in the insurance industry for more than 25 years. He has vast experiences in almost all departments within an insurance organization. He started his career with MBF Insurans Sdn Bhd in 1987 as their Risk Surveyor and moved up quickly to be their Underwriting Manager He subsequently headed their Management Information System Department where he successfully helped to implement Motor and Fire computer system using the state-of-the-art information technology driven by Sybase on Unix.
Jasdeep then moved to join American Home Assurance Company, a subsidiary of American International Group ( AIG) in 1997. Through his creativity and professionalism, he was promoted as the Vice President, Profit Center Manager for Personal Lines Division. He later took on additional responsibilities as their Country Branch Manager.