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About this Training Course

The dynamic and ever-evolving marine and energy industries demand specialized knowledge in insurance and risk management to address complex challenges and mitigate substantial exposures. This comprehensive 2-day course provides an integrated understanding of the key principles, policies, and practices in marine and energy insurance. Participants will explore critical topics, from risk-sharing between oil companies and contractors to coverage solutions for drilling rigs, offshore platforms, shipping fleets, and cargo. With a practical focus, the course bridges theory and application through case studies, exercises, and expert-led workshops.

Spanning the intricacies of upstream, downstream, and marine operations, the course delves into physical damage cover, business interruption insurance, liability policies, and more. Participants will gain insights into market practices, premium rating methodologies, and policy structuring, equipping them with the tools to navigate the complexities of these industries confidently. Additionally, the course highlights real-world scenarios, such as the Deepwater Horizon and Piper Alpha case studies, offering a thorough exploration of lessons learned and their implications on the insurance market. By the end of the program, attendees will have a well-rounded understanding of how to assess risks, design coverage, and effectively manage claims in both marine and energy insurance contexts, ensuring they can provide robust and informed support to their organizations or clients.