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Offshore Energy Insurance: A Primer (offered in Texas)

Tuesday 11 February 2020, 09:00am - 04:00pm
     

Overview: Join us for this 1-day class consisting of key topics including History of Offshore Energy; Underwriting: Operators Extra Expense/Control of Well and Physical Damage; Alternatives to the Commercial Market; Client Perspective, Claims with Case Studies; and Brokering. This class, to be instructed by leaders in the industry, is the result of a two-year project of the AIMU Offshore Energy Committee.

Who Should Attend: Insurance company underwriters, trainees, claims personnel, surveyors, agents or brokers, shipowners, charterers and maritime attorneys.

Continuing Education Credits: 
6 Credits SAMS: 6 Credits NAMS

State Insurance Departments: 
approved for 6 CE credits for NY, TX, and FL

Instructors:
Lisa Chines, Vice President, Upstream Energy, The Hartford
Scott Barnard, Vice President / Southwest Regional Manager, Berkley Offshore Underwriting Managers
James Vavasour, President / Group Marine Director, MatthewsDaniel
Manuel Tarantino, EVP / MatthewsDaniel
Chris Pluchino, Senior Vice President, Crum & Forster Surplus & Specialty Lines

TOPICS

1. History of Offshore Energy
· London/Lloyds

· US Market

2. Underwriting - Operators Extra Expense/Control of Well 
· Basic Geology
· Operator, Well Planning & AFE
· Drilling Contractor & Rig
· Basic Well Drilling
· Well Control & Loss of Control

3. Underwriting - Physical Damage
· Contractors – Offshore / Onshore Rigs, FPSOs

· Platforms/Pipelines
· Standard Wordings

4. Builders Risk
· Builders Risk/Construction All Risk

· WELCAR Wording

4. Underwriting - Operations Extra Expense/Control of Well

5. Claims Administration

· Notice of Claim

· Investigation
· Case Studies: Physical Damage; Control of Well; Offshore Construction

6. Aggregation and Accumulation
· Massive Property Limits required

· Multiple owners and Aggregate Accumulation
· Case Study
· Risk Assessment

Program Features: Continental Breakfast Lunch Handouts & Lecture Notes

Special Assistance: In Compliance with the  American's with Disabilities Act, AIMU will make all reasonable efforts  to accommodate persons with disabilities at its meetings. Please call  John A. Miklus at (212) 233-0550

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Refunds/Cancellations/Substitutions: Refund requests will be honored if received at least 48 hours prior to the scheduled start date. All refunds will be subject to a processing fee of 4%. Cancellations received after the refund deadline and "no shows" are subject to the full registration fees. Substitutions may be made by notifying AIMU via email or in person on the day of the event.

Location Sage Shopping Plaza at 5151 San Felipe Street (Granite Room/Lobby Level), Houston, TX 77056

Contact Elvira Rodin at erodin@aimu.org
For questions about educational credits, contact our Education/Training Specialist, Eileen Monreale
Office phone: 212-233-0550
Emails: emonreale@aimu.org