Marine – Cargo

This workshop aims to equip insurance intermediaries with the knowledge and skills necessary to navigate ethical challenges in the insurance business and uphold professionalism in client interactions. By understanding the importance of market conduct and ethical behavior, participants can enhance trust and integrity in their practice, ultimately benefiting both clients and the insurance industry as a whole.

At the end of the session, participants will be able to:

• Understand the INCOTERMS and the rights and responsibilities of the parties
• Understand the various types of Transit – Air, Sea and Inland
• Understand useful terms and definitions in relation to Marine Cargo
• Understand the Institute Cargo Clauses (primary focus on Institute Cargo A compared to B and C)
• Understand the Policy Exclusions in the institute Marine Cargo Clauses
• High Level overview of Non-Institute Cargo Clauses
• Understand the rating factors required by Underwriters in pricing a Marine Cargo policy (Single and Open Cover)
• Understand the claims process, documentation required and claims calculation for Partial Losses, Total Losses and General Average

Mr. Navin Dookeran joined Agostini on June 1st 2015. Having worked in the insurance industry for over 20 years, Navin has developed his underwriting skill in all classes of business viz. Property, Motor, Pecuniary, Energy, Marine, Liability, Travel and Personal Accident. He attained the Advanced Diploma in Insurance (ACII) from the Chartered Insurance Institute London and the Associate in Risk Management (ARM) from the American Insurance Institute.   Navin also attended the prestigious Alois Alzheimer Scholarship at Munich Re in Germany where he learned further insurance, reinsurance and business principles over the 6-month period. He then completed his Masters of Business Administration (MBA) from the Heriot Watt University in 2010. He has conducted numerous in-house training on all classes of insurance, a part-time lecturer at the University of the West Indies for the Insurance and Risk Management Degree and he was formerly the Chairman of the Attic Underwriting Committee.