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HRD Training Prog No 10001366159
Date & Time 29 – 30 April 2026, 9.00 a.m. – 5.00 p.m.
Registration Deadline 20 April 2026 
Learning Format Virtual

Overview

The Foundation in Marine Cargo Insurance is designed to provide participants with a comprehensive understanding of the principles, policies, and procedures associated with marine cargo insurance. This course aims to equip learners with the essential knowledge required to navigate the complex world of marine cargo insurance, including policy types, coverage scope, risk assessment, and claims processing.

Recommended For

This course is designed for:

• New Entrants

• Insurance Industry Personnel

• Non-insurance personnel whose work requires a basic understanding or a practical knowledge of the subject

• Anyone who requires basic knowledge of insurance.

Learning Outcome

A. Understand the concept and development of marine insurance

B. Identify the principles applicable to marine cargo insurance

C. Understand the difference between the various types of marine cargo policy

D. Appreciate the purpose of the Incoterms and Sales Contract

E. Understand some basic scope of policy coverage

F. Identify basic risk exposure for underwriting consideration

G. Understand the claim process and procedure

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Foundation in Marine Cargo Insurance

For Inquiries

Sales

+603 2712 8882

Programme Structure

No. Content
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
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

29/04/2026

2 Days (Virtual)

Fees

Normal Fee: Individual

Aii Member: 
RM 1,000/USD 230

Non-Member:
RM 1,200/USD 275

Normal Fee: Group of 3 pax

Aii Member: 
RM 900/USD 210

Non-Member:
RM 1,100/USD 250

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.