Scheduled iLMS Maintenance: Temporary Access Limitations

Please be informed that iLMS will undergo an upgrade for the Online Learning Content (OLC) platform.

This is scheduled for 5:30 PM, 18 July 2025 (Fri), to 8:00 AM, 21 July 2025 (Mon).

Read More

A Practical Perspective of Marine Cargo Insurance

Public Short Course

HRD Training Prog No 10001108264
Date & Time 13 – 14 July 2026, 9.00 a.m. – 5.00 p.m.
Registration Deadline 2 July 2026 
Learning Format Physical

Overview

A Practical Perspective of Marine Cargo Insurance is a comprehensive programme that focuses on the principles, policies, purpose, and application of marine cargo insurance. It will also provide an in-depth look into the roles of Incoterms and Sales Contracts in marine cargo insurance as well as the risk exposure involved.

The programme will also provide participants with an overview of the insurance market, its trends, and the various factors that impact marine cargo insurance. Finally, the programme will provide a practical perspective on the marine cargo insurance industry, including up-to-date information on market trends and emerging technologies.

Recommended For

This programme is ideal for:

  • Executives and Managers from the insurance industry
  • Anyone interested to learn more about technical aspects of marine cargo insurance

Learning Outcome

A. Identify the principles applicable to marine cargo insurance.

B. Draft the various types of marine cargo policy.

C. Understand the purpose and application of Incoterms and Sales Contract and advice client accordingly.

D. Analyse and interpret the different coverage provided by various institute clauses.

E. Identify relevant risk exposure for underwriting consideration and prepare quotation.

Scroll for more information

A Practical Perspective of Marine Cargo Insurance

For Inquiries

Sales

+603 2712 8882

Programme Structure

No. Content
1
  • Introduction to Marine Insurance Act 1906
    • Emphasizing the various sections relating to marine cargo insurance
  • Policy drafting of the various types of marine cargo policy
    • Including the application of various mandatory clauses
  • How to compute the actual cargo sum insured?
  • Why insurance on duty need to be separately insured?
  • Analysis of all the 11 different types of terms under Incoterms 2010
2
  • Analysis of the revised Institute Cargo Clauses A, B and C – 2009
    • Including the major differences when comparing with 1982 clauses
    • Brief overview of their respective War and Strikes Clauses
  • Detail understanding of cargo risk assessment in marine cargo underwriting, not limited to
    • Modes of transit and it’s hazards
    • Understand the importance of risk exposure outside Malaysia
    • Application of excess and general exclusions
    • Example of technical rating
    • Case study

Dates

13/07/2026

2 Days (Physical)

Fees

Normal Fee: Individual

Aii Member: 
RM 1,500/USD 345

Non-Member:
RM 1,700/USD 390

Normal Fee: Group of 3 pax

Aii Member: 
RM 1,400/USD 320

Non-Member:
RM 1,600/USD 365

Meet The Expert

Ashok Kumar Sharma

AAii

Ashok Kumar is an Associate of Australian Insurance Institute (AII). He has more than 40 years of experience in handling all classes of general insurance lines.

 

His specialisation is marine insurance and insurance training, and he regularly provides training to Aii participants.

 

Ashok is currently a Consultant at a leading reinsurance broking company.