Take your Protection & Indemnity knowledge beyond the fundamentals in this advanced one-day course designed for experienced marine insurance professionals. Building on AIMU's Introduction to Protection & Indemnity course, this program provides an in-depth examination of P&I policy forms, underwriting considerations, rating methodologies, contractual liabilities, statutory coverages, and complex claims scenarios.

Participants will analyze policy language and endorsements, explore the rationale behind advanced rating techniques, and discuss how specialized clauses impact risk evaluation and coverage. The course emphasizes practical application through real-world case studies and interactive discussions led by experienced industry professionals.

Course Topics

• P&I Policy Forms and Clause Comparisons
• Policy Exclusions and Coverage Applications
• Pollution Liability
  • Federal and State Laws
  • Pollution Exclusions and Buy-Back Coverage
  • Water Quality Insurance Syndicate (WQIS)
• Advanced P&I Rating
  • Exposure Rating
  • Loss Rating
  • Loss Development
  • Exposure Changes
  • Large Loss Analysis
  • "As If" Rating
  • Additional Assured Discount (AAD)
  • Rating Exercises
• Contractual Agreements
  • Waiver of Subrogation
  • Indemnity Agreements
  • Release Agreements
  • Knock-for-Knock Agreements
• Loss of Life & Bodily Injury
  • Death on the High Seas Act (DOHSA)
  • General Maritime Law
  • Jones Act
  • State Law
• P&I Clubs and War Risk P&I (Second Seamen)
• "Misdirected Arrow"
  • Definition
  • Policy Implications
• Statutory Coverages
  • USL&H
  • Marine Employers Liability (MEL)
  • Jones Act
  • Oil Pollution Act (OPA)
  • Terrorism Risk Insurance Act (TRIA) as it relates to P&I
• Claims Case Studies
• Exposure Rating & Loss Rating Workshop

Who Should Attend

This course is intended for insurance company underwriters, claims professionals, brokers, and other marine insurance professionals who have completed AIMU's Introduction to Protection & Indemnity Insurance course and/or have practical experience with Protection & Indemnity underwriting or claims.

Instructors

• Lincoln Purdy, CPCU, AMIM
  Vice President
  Starr Marine
• Curt Browder
  Assistant Vice President
  Co/Action Specialty
• Andrew Anastor
  Assistant Vice President
  Ascot Group
• Steven Lewis
  Business Development Director – Americas
  Shipowners Claims Bureau, Inc.

Tuition

• AIMU Members: $250
• Nonmembers: $500

Continuing Education Credits

Approved for 6 Continuing Education (CE) Credits in New York, New Jersey, and Texas.

Program Features

• In-person and remote attendance options
• Continuing Education credits
• Breakfast and lunch provided for in-person attendees
• Interactive discussions and practical case studies led by experienced industry experts

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 Miklus at (212) 233-0550.