IUMI Cargo Tutorial

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We are excited to present IUMI's online learning cargo tutorial which is a training course tailored specifically for intermediate level cargo underwriters who wish to deepen their knowledge and expertise in cargo insurance. This e-learning  course is equally suitable for marine professionals with an interest in cargo insurance such as surveyors and maritime lawyers. Registration is now open and students can sign up to start this self-paced online training programme at any point in time. The tutorial consists of eleven modules, all set up in an engaging and interactive fashion: 

1.    Introduction to international trade 
2.    Particular average and sue and labour
3.    General average and salvage
4.    Exclusions
5.    War and strikes
6.    Duration provisions
7.    Claims
8.    Stock throughput
9.    Project cargo
10.    Additional clauses (added by broker or underwriter)
11.    Trade clauses 

The estimated time to work through all eleven modules is 60-80 hours. More detailed information about the content of the eleven modules is available in this brochure.

A video including a live demo of the tutorial can be viewed HERE

To get a better understanding of how the online tutorial works in practice you can check out this free trial of module 1: "Introduction to International Trade"



Click HERE to sign up for the cargo tutorial. Since it is a flexible, self-paced training programme there are no specific dates when the course commences and you can enrol at any time. 


Level of experience the tutorial is aimed for

The way the online course has been set up, it is suitable for young underwriters who are new in the industry and who have no knowledge at all. , Ideally, they use the student activities in particular to gain greater knowledge of their own business.

Individuals who will gain most from the cargo tutorial are those who have approx. 3-5 years experience and have had some exposure to the book of business that their insurer is writing. For them the opportunity to ask questions and think about what they are actually seeing and doing within their own organisation will be greater and they will derive a different benefit overall through application and reinforcement of knowledge as well as merely gaining knowledge afresh.

The tutorial can also be viewed as a relevant source of information even for senior underwriters who wish a brief refresh on a single topic such as stock throughput or trade clauses, etc.  



The enrolment fee is EUR 550.00 (excl. VAT) for IUMI members and EUR 880.00 (excl. VAT) for non IUMI members. A discount of 10% is granted for buyers of 5-9 tutorial licenses. A discount of 20% is granted for buyers of 10 or more tutorial licenses.

An additional fee of EUR 90.00 will be charged for students who wish to take the exam and earn an IUMI certificate. 

IUMI members will be granted the reduced membership fee when they register in the IUMI Shop and choose their respective membership category. IUMI members are:

When you register in the IUMI Shop for the first time you will need to create a personal account linked to your individual work email address. Please note that login details provided by your member association for the IUMI website cannot be used for the IUMI Shop.  


Online exam & IUMI bursary for WMU postgrad diploma

Students can choose to take an examination at the end of the thirteen modules. Given the rigour of the qualification, candidates are advised to thoroughly work through all tutorial modules prior to the exam and to studyabout 75 hours to be sufficiently prepared. The exam consists of 90 questions with a maximum time allowed three hours. Candidates who successfully pass the exam are invited to apply for an IUMI bursary for the Marine Insurance Law & Practice Postgraduate Diploma offered by the World Maritime University.

An additional fee of EUR 90.00 will be charged to students who wish to sit the exam. Students who choose to sit the exam and who pass it will be awarded a certificate from IUMI which includes their score. The pass mark for the exam is 65%. Candidates achieving 90% or higher are awarded a certificate with distinction.

The exams are scheduled four times a year (March, June, September, December) and are delivered via state of the art remotely invigilated exams. This allows candidates anywhere in the world to undertake the exam from the convenience of their own home or office. Sample questions to provide an overview of the question types can be viewed HERE


Cargo information leaflets


Testimonial about the cargo tutorial

from Michelangelo Todoro, Marine Underwriter:

I first heard about the IUMI cargo tutorial from my manager, as our company has always been a great supporter of many IUMI services delivered to marine underwriters.

As the first junior underwriter in my team for a while, and having little to no experience in the industry, my manager thought it prudent for me to have some “in-field” experience with a more technical approach. IUMI’s online cargo tutorial was the first and best choice.

From a practical point of view the online formula is the best one, giving you the freedom to decide when and where to attend a lesson, which is what a “working-student” needs.

Overall, modules are very well structured, managing to capture and keep your attention for the whole lesson (with very few exceptions!). Nevertheless, the course is structured in such a way that attendees have all the flexibility to take a break or stay online longer when needed. What I liked most were the practical examples, with a direct link to a newspaper article, or a Youtube video. In-between questions and end-of-module tests were useful to keep you on your toes!

The topics covered are extremely relevant and discussed in-depth. It’s not only a starting point for an inexperienced underwriter but also offers the more experienced underwriter something new to learn - it turned out to be very useful to help solve more than one interpretation issue that the team I work for went through!

Additionally, this training has the merit of widening an underwriter’s view, pushing them to look at topics that are too often not considered or taken for granted.

I couldn’t recommend more strongly to all new cargo underwriters that they attend this training. But it should be done so with the right mindset, as this is no piece of cake and requires a certain level of knowledge of cargo insurance.

About the cargo tutorial TEST:

If you’re not willing to put the hard work in with this cargo tutorial then don’t even think about taking the test because it is TOUGH!

The practicalities of taking the test remotely is far easier than expected, and everything – from the TestReach App to the guidelines that IUMI gives you before taking the test to the actual exam – worked very well.

As I said, the actual test is hard, requiring a deep knowledge of the subject matter and a certain degree of interpretation skills. Don’t expect to go through a “Yes-or-No” type of test as you would be disappointed. It is also a 90 question three-hour exam – and all three hours are needed!

At the end, to pass the test is a matter of studying hard and a strong will, which is what made receiving the IUMI certificate such a great personal achievement. I would like to personally thank all the IUMI staff, as their kindness and professionalism made this experience even better.


Wojciech Kownacki, Marine, Strategic Clients' and Reinsurance Department Marine, Aviation and Transportation Underwriting Bureau, TUiR Warta S.A.:

I attended The IUMI Cargo Tutorial between September and November 2018. I really appreciate the flexibility of online training and that I could study when it suited me. It was very exciting to review and broaden my knowledge in respect of cargo risks. I could even compare English and US cargo clauses in detail and the way that General Average is described is very easy to understand.

What interested me the most was project cargo insurance and the problems of storage in cargo coverage. I was able to use new information immediately and put it into practice. It was clear for me from the beginning that the tutorial was prepared by cargo risk practitioners. The tutorial is a good course not only for beginners, but also experienced underwriters can benefit from this package and refresh their knowledge.

The tutorial is divided into 11 topics, each of which deeply explain the material. The process of learning is interactive and requires the student to be involved. You can also contact the authors and experts if you have any additional queries or doubts - their responses are very quick. The issues are described in simple and clear language which is very important for people whose first language is not English (like me).

I am looking forward to the next IUMI education programme. E-learning/online tutorials are a great option with regard to costs, time and effectiveness of learning.

Good job!


Suguru Akimoto, Deputy Manager, Tokio Marine:

The Cargo Tutorial was a good opportunity to go through all the basics again. Our practice is based on English clauses and the tutorial extended my knowledge to the American clauses. Information sources for underwriting, including some from IUMI and some external links were very helpful to be aware of. Through my underwriting career, my specialty has become steel and project cargo. I was able to learn about many other cargoes through the tutorial, and also realized that I have quite deep knowledge of my specialty area when I went through some of the external links. I can go back to the tutorial as my reference source going forward and I am positive to take other IUMI courses in the future.