Overview
Marine underwriting plays a critical role in supporting international trade, logistics, and the movement of goods across global markets. Effective marine underwriting requires careful assessment of cargo exposures, transport risks, policy conditions, liability considerations, and the operational realities associated with marine and inland transit activities.
This programme provides practical understanding of the principles, concepts, and practices involved in marine underwriting and marine insurance operations. Participants develop knowledge of marine insurance structures, underwriting considerations, cargo risks, carrier liabilities, inland transit exposures, and portfolio management within marine insurance environments.
The programme also examines underwriting decision-making, risk evaluation techniques, coverage considerations, and best practices for managing marine underwriting portfolios effectively.
Who Should Enrol
This course is designed for professionals involved in marine insurance and underwriting operations, including:
- Marine underwriters and underwriting assistants
- Insurance brokers and intermediaries handling marine risks
- Insurance agents involved in commercial insurance distribution
- Claims professionals seeking understanding of marine underwriting
- Risk and insurance professionals working with marine exposures
- Professionals seeking to develop expertise in marine insurance underwriting
What You Will Learn
Participants will gain practical knowledge and understanding of:
- The role of marine underwriting in international trade and logistics
- Key marine insurance risks and exposures
- Principles of underwriting marine cargo and maritime risks
- Policy structures and coverage considerations in marine insurance
- Risk evaluation and underwriting decision-making in marine insurance
- Best practices in managing marine underwriting portfolios
Learning Pathway
This programme forms part of the professional learning and certification pathway delivered through the IIEA E-Academy™ ecosystem and made accessible through Insurance Simplified Online Academy.
Certification
Participants who successfully complete the programme requirements will receive a Certificate of Achievement issued by the Insurance Institute of East Africa (IIEA).
Learning Outcomes
Upon completion of the course, you should be able to: -
- Explain legal terms and concepts and examine the principles and classes of marine insurance;
- Explain marine hull and pleasure craft insurance;
- Explain marine liability insurance and cargo insurance for marine ventures and inland transit;
- Explain carriers' liability insurance;
- Explain and assess risk factors;
- Outline the different types of marine liability insurance;
- Examine marine insurance proposals and policy wordings;
- Review the operational performance of marine portfolios.
