Marine & Energy Insurance Risk Management

Upon completion of this course, participants will be able to:

• Learn the principles of risk-sharing between oil companies and contractors and how these arrangements influence insurance solutions.
• Gain in-depth knowledge of marine and energy insurance policies, including hull and machinery, cargo, construction, and operational coverage.
• Explore the claims process through real-world case studies, developing expertise in policy interpretation and adjustment strategies.
• Understand the factors influencing premium rating for marine and energy risks, including market conditions and risk evaluations.
• Engage in interactive exercises, such as premium calculations and risk analysis workshops, to reinforce theoretical knowledge with practical skills.

The course is intended for professionals involved in or supporting the insurance and risk management needs of the marine and energy industries. Participants will typically come from roles including:

• Insurers and Underwriters
• Brokers
• Adjusters
• Lawyers
• Risk Managers
• Treasury
• Contracts
• Contract Adjustor
• Project Managers

• Basic
• Intermediate

Your expert course instructor has dedicated 59 years to the insurance industry, building a distinguished career as a broker for leading firms. He served as Managing Director of Energy Construction at Marsh and contributed to peer reviews for various Lloyd’s Syndicates. Additionally, he worked with Sedgwick, AAA, and Miller, specializing in the offshore and marine energy sector.

He has lectured extensively and undertaken training work for several bodies, including the Chartered Insurance Institute, the Istanbul Training Centre, the Malaysian Insurance Institute, and the Singapore College of Insurance. He has made several presentations at industry forums such as the Lillehammer Energy Claims Conference, the Gard Offshore seminar at Arendal and in Singapore and the MCE Deepwater Technology Conference. He has undertaken expert witness work, mainly on behalf of London market insurers and latterly in respect of several high-profile hurricane related claims and pollution incidents. He has authored the globally acknowledged text on Upstream and Offshore Insurance and recently published through Amazon “A Brief Guide to Energy Insurance”. This book has been referenced in the House of Lords in a dispute concerning fatalities arising from the Piper Alpha explosion in 1988.   Throughout his career, he has assisted major corporations such as Shell, BP, Chevron, ConocoPhillips, Petrofina, Woodside, ENI, and Brunei Shell with policy evaluations and reviews.

Unlock the potential of your workforce with customized in-house training programs designed specifically for the energy sector. Our tailored, in-house courses not only enhance employee skills and engagement but also offer significant cost savings by eliminating travel expenses. Invest in your team’s success and achieve specific outcomes aligned with your organization’s goals through our expert training solutions. Request for further information regarding our on-site or in-house training opportunities.

In our ongoing commitment to sustainability and environmental responsibility, we will no longer providing hard copy training materials. Instead, all training content and resources will be delivered in digital format. Inspired by the oil and energy industry’s best practices, we are leveraging on digital technologies to reduce waste, lower our carbon emissions, ensuring our training content is always up-to-date and accessible. Click here to learn more.

To further optimise your learning experience from our courses, we also offer individualized “One to One” coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster.
Request for further information post training support and fees applicable