Poor loss records represent a challenge for brokers and insurers. This is when we turn to our loss prevention team.
They will engage with the ship owner and offer recommendations to reduce the claims frequency and severity. This usually results in a win-win situation with a reduction in losses and a corresponding reduction in insurance premiums.
Crew negligence is the common cause of losses. Hence, our loss prevention training helps to reduce this in your own crew.
When crew members come ashore, we hold training programmes for them that focus on reducing losses. This training is designed for crew members at all levels, from the Captain down to the deckhand.
Marine insurance differs greatly from general insurance and requires specialist knowledge to be executed properly.
For this reason, we offer training sessions to customers on a half-day, one-day, two-day basis and, plus formal training via certain colleges and institutes in Asia.
Further, our Managing Director’s 12 webinar videos are available from: https://miipublications.com.my/e-shop/other-publications-references/
Our technical training in general hull insurance covers important subjects like ship building, vessel operations, risks that are inherent with certain types of vessel, coverage for hull and machinery, disbursements, war risks, loss of hire, and general average, as well as studying the clauses, collision liability, options for salvage, claims and claims procedures, the role of the average adjuster and surveyor, and more. It’s suitable for underwriters, surveyors, claims personnel, insurance agents, and similar roles in the marine insurance business.