Postgraduate Diploma in Marine Insurance

This is a unique course as it provides students with the rare opportunity of specialising in marine insurance. For some time already, the premium income has been insufficient to cover claims in several categories of marine insurance and in the current shipping markets there is serious concern and clear indications that claims will increase. Consequently, a high level of expertise will be essential to maintain a competitive advantage.

The course has a modular structure. The first module is a substantial introduction to the fundamental principles of insurance law as well as aspects of maritime law and provides the students with a foundation for in depth studies of insurance against marine risks.

The subsequent modules deal with the various categories of insurance cover for marine property, interests and liabilities as well as the specialised areas of reinsurance and claims.

This Postgraduate Diploma will be of significant interest to anyone involved in insurance, shipping and international trade and commerce, and also to professional advisers, brokers and agents.

The course has been developed to provide participants with the opportunity of studying marine insurance at the highest educational level. It will equip participants to better understand the way marine insurance markets function and the terms of the standard covers available. It will give a substantial boost to the ability of participants to address, analyse and solve insurance problems, whether looking at matters from the perspective of assureds or underwriters, and to advise clients and underwriters on points of principle and policy wordings.

The Postgraduate Diploma is a distinct element of a specialist educational programme in a significant area of international transportation and commerce. It is the only course of its kind and the teaching and materials are being provided by members of the World Maritime

University faculty as well as experts closely associated with both Lloyd's Maritime Academy and the University. World Maritime University offers programmes only at postgraduate level and this Postgraduate Diploma course is part of WMU's portfolio of specialist, high level education, which is designed to respond to the needs of the maritime industry while meeting international standards of academic excellence.