The end-to-end process from raw materials to final product involves many steps, not only in terms of manufacturing but also for transport and logistics. The goods will often be moved along global supply chains, using various modes of transport as well as in-transit and retail storage. This process involves potential risks such as natural catastrophes, misappropriation, or security concerns. A stock throughput (STP) policy provides broader protection against such perils and offers coverage for products in storage and in transit.

Max Liu, Underwriter, Marine at Munich Re Beijing Branch, will discuss the differences between cargo and STP policies with a particular focus on underwriting the property part of STP, e.g. by looking at nat cat and non-nat cat risks which are crucial to assess.

Tiina Ruhlandt, Managing Director at EIMC, an IUMI Professional Partner, will then consider important aspects of pre-loss risk management to identify potential gaps or vulnerabilities in the marine and STP planning. Tiina will also share case studies and claims examples to provide lessons learnt.

Following the presentations you will have an opportunity to ask questions. If you have any comments or queries prior to the session, please send them to education@iumi.com.

 

Registration:  

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Thursday, 5 September 2024, 14:00-15:00 CEST (Hamburg time)

This webinar is free of charge.

 

Certificate of attendance:

A certificate to confirm participation in the live webinar is available upon request.