Introducing our two new short courses – Marine Insurance and Marine Salvage
Marine Insurance
6 – 7 February 2023 @ 09:00 – 12:30 UTC
£500.00 (£400.00 for NI members)*
Online via Zoom
Insurance is a crucial element in the risk management process which co-ordinates recognition of risk, risk assessment, developing strategies to manage it, and mitigation of risk using managerial resources.
The course enables the participant to understand the critical role of insurance in reducing different risks related to marine operations to the level accepted by the stakeholders in the undertaking – in other words the parties who will be exposed to liability if the risk matures.
Marine Salvage 8 – 9 February 2023 @ 09:00 – 12:30 UTC£500.00 (£400.00 for NI members)*
Online via Zoom
All wrecked vessels are presumed to have an owner; this may be an individual, an insurance company or underwriters. The loss may be either total or partial; any loss other than a total loss is a partial loss, while a total loss may be either an actual total loss, or a constructive total loss. Salvage law and practice has developed as a crucial element in the risk management process, and has extended the realms of marine insurance to develop strategies to manage the risk, and mitigate the risk using the specific skills of the salvor.
The course enables the participant to understand the role of salvage in reducing the risk to properties in hazard, to the level accepted by the stakeholders in the undertaking.
