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Lloyd's Maritime Academy Diploma in Marine Insurance
Lloyd's Maritime Academy

Diploma in Marine Insurance

Online United Kingdom

12 Months

English

Full time, Part time

Request application deadline *

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GBP 3,899

Distance Learning

* please contact us for more information regarding application deadlines

Key Summary

    About: The Diploma in Marine Insurance offers in-depth knowledge of marine insurance principles, covering various aspects like underwriting, claims, and risk management. The course is designed for professionals in the maritime sector seeking to enhance their expertise in marine risk evaluation and management.
    Career Outcomes: Graduates can pursue roles such as marine insurance underwriter, claims adjuster, risk manager, or marine consultant in shipping companies, insurance firms, and maritime organizations.

Introduction

Our Marine Insurance course will deepen your knowledge of all the vital areas of the industry

Gain a comprehensive and practical understanding of the legal and operational principles of marine insurance by earning this diploma

This Diploma is designed to give students a deeper understanding of marine insurance. When you download the brochure, you'll learn that the syllabus covers major issues in marine insurance in greater depth than a short course.

It also deals with legal and practical aspects of marine insurance and examines coverage under widely used standard terms for each risk type, as well as the standard exclusions you expect to find within each class of marine business. This marine insurance course is designed to enable participants to enhance their ability to analyse and solve marine insurance problems, and it will enable students to:

  • Gain a comprehensive knowledge of legal rules and principles relating to marine insurance;
  • Understand the main policies and values underpinning the law relating to marine insurance;
  • Apply marine insurance law principles in the solution of practical problems;
  • Engage in independent research by using primary and secondary sources;
  • Enhance a range of transferable skills that will be of value in professional career/employment.

What you'll learn

  • Explain the identity of the parties, the subject matter of the insurance, and the perils insured and excluded.
  • Discuss the nature and origins of the duty of utmost good faith in insurance law.
  • State the legal nature of terms (warranties, condition precedents and suspensory provisions).
  • Explain the terms incorporated into the contract to protect against risk alteration during the currency of the policy.
  • Define standard terms used for insuring cargo carried by sea.
  • Discuss the structure and composition of P&I Clubs.
  • Identify and discuss emerging risks for the marine sector (i.e. cyber risks and piracy).
  • Examine legal issues surrounding submission of a claim under a marine insurance policy.
  • Evaluate the doctrine of contribution between insurers.

Diploma in Marine Insurance

Our Marine Insurance Course Will Deepen Your Knowledge of All the Vital Areas of the Industry

Gain a comprehensive and practical understanding of the legal and operational principles of marine insurance

  • Insurance professionals
  • Professionals involved in shipping, banking and legal industries alike
Read more on the institution's website

Program Admission Requirements

Demonstrate your commitment and readiness to succeed in business school by taking the GMAT exam โ€“ the most widely used exam for admissions that measures your critical thinking and reasoning skills.

Download the GMAT mini quiz to get a flavour of the questions youโ€™ll find in the exam.

About the School

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