Marine Cargo - A beginners guide

Marine insurance is the oldest form of insurance and despite the new Insurance Act doing away with the Marine Insurance Act, marine still plays a pivotal role in today’s insurance market place. This lecture will take a look at the basics of marine cargo and some common pitfalls/mis-conceptions.

-Incoterms
-Institute Cargo Clauses
-Why Insure?
-Overcoming client objections
-Stock Throughput
-FAQ’s

Learning Objectives
By attending this event, delegates will be able to:
-Understand the basic underlying clauses that apply to marine cargo contracts
-Know when cargo insurance is needed and by whom and the benefits of cargo insurance
-Understand what is and is not covered under the standard contract terms
-Learn about Stock Throughputs; when they are appropriate; what cover is provided and what to look out for
-Be able to answer frequently asked questions from clients

Speaker Biography
Neil is the former Chairman of the Manchester Marine Insurance Association and until recently sat on the Joint Cargo Committee at Lloyds. He has been working in the Manchester Marine Market for nearly 20 years. Whilst most of his time has been spent underwriting, he has also served time in broking and claims. Neil's current role as regional marine manager at CNA Hardy is split between cargo; transportation and contract logistics.