A cargo loss at sea sets off a chain of decisions — what's covered, what's excluded, who's liable, and how much is actually owed — and getting any link wrong can turn a straightforward claim into a costly dispute. Arab British Fellowship Training Academy built the Marine Insurance Underwriting & Claims Settlement Training Course around exactly that chain, giving participants a working grasp of the principles and practices behind marine insurance and the handling of claims tied to risks affecting vessels and cargo.

The programme moves through the main types of marine insurance cover, the scope of protection under different policies, and the risks, exclusions, and conditions that shape a claim before it's even filed. It then turns to claims handling itself — reporting losses, gathering documentation, reviewing the facts, assessing damage, and settling claims — alongside marine liabilities and the roles the different parties play, so participants can manage marine insurance files with more accuracy and confidence.

Who Should Attend?

• Professionals working in insurance companies and marine insurance and claims departments.
• Employees of shipping and maritime transport companies working in risk management and insurance.
• Insurance brokers and specialists involved in marine claims management.
• Legal and financial professionals whose work involves insurance and maritime transportation.

Knowledge and Benefits

After completing the programme, participants will be able to master the following:

• Explain the fundamental principles of marine insurance, its types, and the scope of policy coverage.
• Identify marine risks, exclusions, and conditions that shape the boundaries of coverage.
• Manage marine claims from first report through document verification.
• Assess losses and damages, and determine liability under policy terms.
• Settle marine claims efficiently while balancing technical, legal, and contractual considerations.

Module 1: Foundations of Marine Insurance and Insurable Interest

• Development of marine insurance and its role in protecting maritime interests.
• Core principles of marine insurance and the key parties involved.
• Types of insurable interest across different maritime operations.
• Classifying marine risks and the causes of loss affecting vessels and cargo.

Module 2: Policies, Coverage, and Underwriting

• Types of marine insurance policies and their principal applications.
• Coverage conditions, warranties, and key exclusions.
• Reading a marine policy and understanding the limits of insurance liability.
• Factors driving marine risk assessment, pricing, and underwriting decisions.

Module 3: Hull, Cargo, and Loss Classification

• Principles of vessel (hull) insurance and equipment-related risk.
• Cargo insurance during maritime transportation and coverage considerations.
• Distinguishing between total and partial marine losses.
• General and particular average, and their effect on rights and obligations.

Module 4: Managing a Marine Claim From First Report to Verification

• Stages involved in managing a marine claim from notification onward.
• Procedures for reporting, registering, and monitoring a loss.
• Roles of insurers, insured parties, brokers, and experts in the process.
• Essential documentation and verifying its relevance to coverage.

Module 5: Assessing Damage, Liability, and Entitlement

• Principles for assessing damage and loss affecting vessels and cargo.
• The role of marine surveyors in determining extent and cause of damage.
• Distinguishing covered from non-covered losses under policy terms.
• Determining liability and compensation within policy limits and conditions.

Module 6: Settlement, Disputes, and Fraud Prevention

• Stages of claim assessment and the decision to accept, reject, or settle.
• Negotiating compensation and closing marine claims files.
• Identifying indicators of fraudulent or irregular claims.
• Managing claims-related disputes and approaches to resolving them.

Module 7: Legal Framework and Improving Claims Efficiency

• Legal principles governing marine insurance and maritime transportation.
• How maritime contracts and policy terms shape the rights and obligations of the parties.
• Developing workflows and internal controls for effective claims management.
• Using data and performance indicators to improve the speed and quality of claims handling.