About the AIMU Virtual Classroom
AIMU utilizes the GoToWebinar and GoToTraining platforms, which allow full attendee engagement through Q&A and chat panels, and interactive polling with video engaged for all instructors. Attendees can ask questions in real time and share experience and information with other students in the class. All classes are instructed by subject matter experts who are leaders in their individual fields. Each class is designed with 50-minutes of instruction followed by a 10-minute break, as well as a one-hour lunch break for a full-day class.

Location for the in-person attendees:
14 Wall Street, Suite 820
New York, NY 1005

Overview: This program is designed to provide participants with an essential understanding of the fundamentals of ocean transportation e.g. vessel types, trading partners, terms of sale, and the laws/regulations governing shippers and carriers. Analyze hull, cargo and marine liability coverages: parties covered, cause of loss, additional perils, exclusions, warranties, duration of risk, adjustment clauses, operating clauses, strikes riots and civil commotions, war risk insurance, etc.  

Who Should Attend: Insurance company underwriters, claims personnel, surveyors, maritime attorneys, insurance agents and brokers, loss prevention and risk managers, personnel involved with shippers and carriers.

Instructors:
Steve Gillen, Global Head of Specialty & Marine Claims / AIG
Karla Scott, Senior Managing Director - Ocean Marine / The Hartford
Brian McClintock, Marine Cargo Product Expert / Allianz Global Corporate & Specialty
Kimun Chui, Underwriting Director / RLI Insurance Company
William Devine,  Underwriting Consultant / Liberty Mutual Insurance
Curt Browder, Assistant Vice President / CoAction Specialty Insurance Group
Tim Kennedy, Director – Loss Control Services / Starr Marine  
Max Meltzer, Vice President / Guy Carpenter
Joseph Grasso, Partner / Wiggin & Dana LLP
Nathan Ahart, Claim Director / RLI Insurance Co. – Marine Group

Continuing Education Credits: 
NAMS: 30 credits  SAMS: 30 credits

State Insurance Departments:  
approved for 15 credits in NY, NJ, and TX

---

COURSE OUTLINE

FUNDAMENTALS OF SHIPPING

1. Domestic and International Shipments

2. Vessel Types: Bulk, Break-Bulk, Containerization, Ro Ro, Heavy-lift, Tanker, LNG, Lash,Specialty Vessels.

3. Trading Partners and Terms of Sale

Shipper and Consignee, Selling terms and Incoterms, Methods of Payment, Documentation of Foreign Trade, Freight Forwarder and custom brokers, Carriers; common, contract, voyage, time, bareboat, private.

4. Laws and Regulations: COGSA, Harter Act, OPA 90, Jones Act, Visby Amendments, Hamburg Rules, Warsaw Convention
   

---

CARGO INSURANCE

1. Introduction

2. The Open Cargo Policy - Parties covered: Importers/Exporters, F.F., Associations, S/S Lines, NVOCC; Perils Clause; All Risks Coverage; Exclusions (Delay, Loss of Market, Inherent Vice); FC&S/SRCC exclusions; Duration of Risk: Terms of Sale, Warehouse to Warehouse Clause, Marine Extension Clause, South American Clause; Operating Clauses: Loss Payable, Goods Insured, Attachment, Valuation Clause, Limits of Insurance, Accumulation, Duty Insurance, Whse/Whse Clause, M.E.C. Clause, South American Clause, Cancellation Clause; Additional Coverages: Warehouse Coverage, Inland Transit Coverage, Processor's Risk Coverage, Exhibition Coverage, Contingency/DIC, FOB/FAS; General Topics: Policy Rating Approaches, Loss Experience, Loss Exposure/Packing & Prevention
   

---

ADDITIONAL OCEAN MARINE TOPICS OF IMPORTANCE

1. Claims Handling

2. Reinsurance

3. Admiralty Law

---

LIABILITY & LOSS CONTROL

P & I INSURANCE POLICY

1. Introduction and Devlopment of Protection and Indemnity Coverage
   1. Brief History (advent of coverage in the UK)
   2. Merchant Marine Act of 1920 (Jones Act)
   3. Explanation of Fixed Cost P&I versus P&I Clubs
   4. Types of use for the different forms
2. Protection and Indemnity Clauses - SP-23
   1. Coverages Provided
      1. Loss of Life / Personal Injury
      2. Maintenance and Cure
      3. Third Party Liabilities
      4. Wreck Removal
   2. Exclusions
      1. Coverages Provided
         1. Contractual Liability
         2. Punitive/Exemplary Damages
         3. Liability for damage to cargo, etc.
         4. War etc.
3. Protection and Indemnity Clauses - SP 38
4. AIMU Protection and Indemnity Clauses
5. Coverage Comparison - AIMU P&I Clauses vs. other P&I Insuring Forms

LOSS CONTROL

1. TYPES OF MARINE SURVEYS
   1. Who may request a survey
   2. Condition and Value Surveys
   3. Marine Liability Surveys
   4. Trip and Tow Surveys and Suitability Surveys
   5. On & Off Charter Surveys (on & off Hire Surveys)
   6. P & I Loss Control Surveys
   7. Cargo Packing Survey
   8. Cargo Load, Stow & Securement Survey
   9. Heavy Lift Surveys
   10. Storage Site Surveys
   11. Hull and Machinery Damage Surveys

---

HULL INSURANCE

1. American Institute Hull Clauses: Assured clause, Loss Payee clause, Covered Property, Perils clause, War Strike exclusions, Inchmaree clause, Liner Negligence, Pollution Hazard clause, General Provisions (claims clause), Deductible clause, Sue and Labor clause, Total Loss clause, General Average and Salvage clause, Collision Liability clause.

2. Taylor Hull and American Institute Tug Forms

3. Coastwise and Inland Clauses

4. Hull War Risks and Strikes Endorsement

5. Builders Risk

Program Features: 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

---