Overview
Welcome to the Marine Cargo Insurance programme.
We are pleased to have you join this professional learning journey as you develop your understanding of one of the most important areas within international trade and commercial insurance practice.
Marine cargo insurance plays a critical role in protecting goods during transit across international and domestic supply chains. As goods move through ports, warehouses, shipping routes, and multiple transport systems, they are exposed to a wide range of risks including theft, accidental damage, handling losses, natural hazards, and logistical disruptions.
This programme is designed to provide practical understanding of marine cargo insurance principles, cargo risk exposures, policy structures, underwriting considerations, claims handling practices, and the role of marine insurance in supporting global trade and logistics operations.
Throughout the programme, you will explore key areas such as:
- The role and importance of marine cargo insurance in international trade
- Cargo risks and transit-related exposures
- Marine cargo insurance policy structures and coverage options
- Policy terms, conditions, exclusions, and extensions
- Claims handling considerations in marine cargo insurance
- Underwriting and risk evaluation in cargo insurance operations
- Best practices in managing marine cargo insurance risks
The programme has been designed using a practical and structured learning approach to help you progressively build both technical understanding and professional confidence in marine cargo insurance practice.
As you move through the programme, we encourage you to:
- Study consistently and engage actively with the content
- Relate the concepts to real marine insurance and logistics environments
- Make use of the Notes feature to support revision and reference
- Focus not only on understanding concepts, but also on their practical application
We trust that you will find the programme informative, engaging, and professionally valuable.
We wish you a productive and rewarding learning experience, and every success in your completion of the Marine Cargo Insurance programme.
Download BrochureLearning Outcomes
By the end of this course, you should be able to:-
- Describe the conduct of international trade;
- List and outline documents used in international trade;
- Explain the various legal requirements of transit risks; and
- Describe the various charter parties.
Course Outline
- 1.1: Learning Outcomes
- 2.1: International Trade in Relation to Cargo Risks
- 2.2: Overview of Import and Export Business
- 2.3: Global Trading Countries and Trade Routes
- 2.4: Trading Goods
- 2.5: International Commercial Terms 2010 (Incoterms)
- 3.1: Malaysian Legal Environment
- 3.2: Legal Aspects of Carriage of Goods by Sea
- 3.3: Legal Aspects of Carriage of Goods by Road and Rail
- 3.4: Transportation via Barge
- 4.1: Main Cover
- 4.2: Additional Issues Related to Coverage
- 5.1: General Nature of Haulage Contractor’s Liability Cover
- 5.2: Rating Practices of Haulage Contractor’s Liability Policies
- 5.3: Implications of Custody and Control
- 5.4: Risk of Mis-Deliveries
- 5.5: Legal Liability of Haulage Contractors
- 5.6: Legal Relationships
- 6.1: Risk Assessment and Evaluation
- 6.2: Underwriting
- 6.3: Documents Required for Underwriting Consideration
- 7.1: Marine Cargo Claims
- 7.2: Goods-In-Transit Claims
- 8.1: The Role of The Ombudsman for Financial Services
- 8.2: The Role of Forensic Investigators
- 8.3: Malaysian Case Studies of Repudiated Claims
- 9.1: Appendix II – Institute Cargo Clauses (B)
- 9.2: Appendix III – Institute Cargo Clauses (C)
- 9.3: Appendix IV – Institute War Clauses (Cargo)
- 9.4: Appendix V – Institute Strikes Clauses (Cargo)
- 9.5: Appendix VI – Institute Cargo Clauses (Air)
- 9.6: Appendix VII – Institute Classification Clause
