Masterclass Hull insurance: October 2026 – London

The next IUMI Masterclass Hull Insurance will take place in London from 27—30 October 2026.

To discuss any aspects of the Masterclass
please contact Hendrike Kühl.

The IUMI Masterclass Hull insurance is a course intended for senior maritime professionals who wish to deepen their knowledge of H&M insurance. It is suitable for all those involved in brown water as well blue water business since the underlying concepts which are taught in the Masterclass are applicable to both segments.

The programme is structured around three core pillars: technical, underwriting and claims. Throughout the course, the attendees will be able to discuss underwriting tools and market trends, and they will explore various strategic considerations during an interactive case study.

– Delivered by top level industry experts and practitioners
– Opportunity to learn & network
– 4-days programme including two evening events
– Comprehensive overview for senior maritime professionals
– Practical contents
– Limited spaces available

Masterclass Hull insurance: October 2026 – London

The next IUMI Masterclass in Hull Insurance will take place in London from 27—30 October 2026.

To discuss any aspects of the Masterclass
please contact Hendrike Kühl.

The IUMI Masterclass Hull insurance is a course intended for senior maritime professionals who wish to deepen their knowledge of H&M insurance. It is suitable for all those involved in brown water as well blue water business since the underlying concepts which are taught in the Masterclass are applicable to both segments.

The programme is structured around three core pillars: technical, underwriting and claims. Throughout the course, the attendees will be able to discuss underwriting tools and market trends, and they will explore various strategic considerations during an interactive case study.

– Delivered by top level industry experts and practitioners
– Opportunity to learn & network
– 4-days programme including two evening events
– Comprehensive overview for senior maritime professionals
– Practical contents
– Limited spaces available

Click on the video to hear from Marlena Truszczynska, Vice President Claims at Norwegian Hull Club and member of our Education Forum, why IUMI developed a brand new Masterclass Hull Insurance!

1. Technical

  • Owners, vessels, and market cycles
  • The role of classification societies and the Flag State

2. Underwriting

The Big Picture

  • The insurance ecosystem – where does Hull fit in?
  • The effects of maritime trade
  • Local and global sanctions / restrictions

Underwriting Tools

  • Review and application of the IUMI Hull Statistics
  • How to utilize reinsurance, surveys, etc.

Risk Assessment

  • Underwriting processes
  • Identifying loss trends and problem areas
  • Ancillary coverages to Hull

Underwriting Strategy

  • Writing a portfolio of business
  • Term enhancements
  • Global risk areas: Geo-political worries and weather concerns
  • Legal jurisdictions

3. Claims and legal

Hull covers: spot the difference

  • The practical differences between main hull covers: Institute Time Clauses (Hulls), American Institute Hull Clauses, Nordic Marine Insurance Plan, German Clauses
  • Special market clauses and the practical effect of their application

Casualty in practice: workshop

  • Identifying various aspects of the claim, the main stakeholders and their perspectives
  • Competing claims handling models

Claim types: key features, peculiarities, strategy considerations, market trends

  • Collision: legal considerations, attack and defence, interaction between hull and P&I
  • Salvage: including trends, legal & financial considerations
  • General average: the legal concept, declaration of general average, defences, financing, insurance mechanisms and supplementary insurance covers
  • Particular average: lifetime of the hull claim, the importance of the proactive approach, recoveries
  • Total loss: case studies, interaction between the owners, hull and P&I insurers
  • Loss of hire: lifetime of loss of hire claim and interaction with hull underwriter

Practical implications of the policy wording: workshop

  • Mapping the recoverability of the claim according to the policy
  • Amending the policy wording

Plus: Site visit & networking

  • Networking reception
  • Visit and guided tour arounds Lloyd’s of London
  • Meeting with London market representatives
  • Special dinner with high-level keynote speech

details will follow soon

Objectives

The programme provides valuable insights into the work of hull & machinery underwriters and claims professionals, fostering a better understanding of their respective roles and emphasizing the importance of their dialogue throughout the insurance policy period.

Suitability

The programme, designed by underwriting and claims practitioners from Asia, Europe and the USA, is relevant for participants from around the globe. The course is intended for senior hull insurers (underwriters as well as claims professionals), brokers, shipowners and other marine experts, for whom a deepened understanding of the underwriting and claims process is vital in their daily activities.

Working method

The programme is designed to be practical, combining theoretical concepts with case studies and workshops. The course will be conducted in a select group setting, allowing for personalized attention and an engaging learning experience.

Considering the diverse professional experiences of the participants, each session will begin with an introduction to general concepts before going into more depth. This approach ensures a common understanding among all participants, irrespective of their background.

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.

Register HERE

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