Masterclass Cargo insurance: October 2026 – London

London, 27-30 October 2026

This unique qualification programme has been designed by cargo insurance specialists to offer an exclusive opportunity to deep dive into key concepts of this class of business.

Gain insights into contracts of affreightment, international programmes, coverage extensions, ESG/sustainability, and geopolitics:

— Delivered by top level industry experts
— Opportunity to learn & network
— Comprehensive overview for senior underwriters
— 3.5 days programme including two evening events
— Limited spaces available

Masterclass

Masterclass Cargo insurance: October 2026 – London

This unique qualification programme has been designed by cargo insurance specialists to offer an exclusive opportunity to deep dive into key concepts of this class of business.

Gain insights into contracts of affreightment, international programmes, coverage extensions, ESG/sustainability, and geopolitics:

Curriculum

Module A: Contracts of affreightment

Introduction to carriage of goods
Contracts of carriage
Sea freight
Air freight
Case study

Module B: International programmes

Definition & key actors
Putting together an international programme
Structure of international programmes
Non-admitted policy: “Non-Admitted but Permitted” vs “Non-Admitted Non Permitted”
Local policies – insurance conditions / critical topics
Financial interest – DIC/DIL – Reverse DIC: Additional clauses to master policy
Insurance premium taxes
Local policies reinsurance
Group exercise: Master DIC/DIL coverage on local policy loss

Module C: Coverage extensions

Static cover storage misappropriation
Brands / control of damaged goods
Understanding clauses
Case study: Clause wordings
Understanding frequently used non-institute clauses including their interpretations and implications

Module D: Loss prevention and claims & ESG/sustainability

Loss prevention and claims
Change of insured assets
Sustainability of clients and industries
ESG issues with impact on marine insurance
Relevant ESG initiatives & legislation

Module E: Geopolitical aspects

Security threats to shipping

Sanctions, Protectionism & War risks

Current rules and regulations
Due diligence
Trade credit rejection risk
Risks when breaching sanctions

Plus: Site visit & networking

Lloyd’s of London
Meeting with representatives of Lloyd’s Market Association & Joint Cargo Committee
Special dinner with high-level keynote speeches
Networking reception

Course leaders

details will follow soon

Objectives & suitability

The course is suitable for senior practicing underwriters and senior cargo claims professionals with significant experience who want to gain a greater knowledge of their class of business. The programme is also suitable for experienced maritime professionals with an interest in marine insurance such as brokers, insurance managers, surveyors, etc.

The programme will help delegates to acquire new insights and to expand their knowledge in key concepts and topics relevant to senior underwriters and claims professionals:

- Contracts of affreightment
- International programmes
- Coverage extensions
- CAT risks/accumulation & ESG
- Geopolitical aspects

The aim of the course is to enable attendees to anticipate and navigate the more complex and challenging aspects of cargo underwriting and claims handling successfully.

Fees

IUMI members*

Early bird fee: €2,250 + VAT (until 30 June 2026)

Regular fee: €2,490 + VAT

*Employees of companies who are a member of one of IUMI’s member associations, employees of IUMI Professional Partners (IPPs), employees of IUMI affiliates)

Non-members

Early bird fee: €3,000 + VAT (until 30 June 20206)

Regular fee: €3,490 + VAT

The participants fee covers all course materials, access to the digital learning space, refreshments throughout the day, including a mid-day lunch on each course day, one 3-course presentation dinner and a drinks reception.

Travel, accommodation and related expenses are borne by the delegates.