Module 1 – Principles of Marine Insurance

• Overview of various types of marine insurance
• Function of marine insurance
• Development of global marine insurance market
• Broking and placement
• Lloyd’s Maritime Information Services   
• Insurable interest with reference to INCOTERM and Marine Insurance Law
• Principles of Marine Insurance with reference to Marine Insurance Act 1906 – principles, GA, PA, CTL etc.
• Transport documents – B/L and its functions, packing list, type of invoice and certificate of origin, packing list and insurance documents etc.
• Underwriting consideration – vessel quality, flag, stowage, commodity types, ports, risk accumulation, cat. Loading, various transport hazards
• Portfolio, finance and underwriting management

Module 2 – Cargo Insurance

• Overview and Comparison of Various Institute Marine Insurance Clauses and Extensions
• Types of Marine Policies – open policy, single shipment, annual policy etc.  Underwriting measures – usage of warranties, sub-limits, deductible
• Special risks – Project Cargo and DSU / Stock Throughput Cargo Program
• Risk relating to Dry Bulk (e.g. ores) & Wet Bulk (e.g. crude oil or edible oil)
• Underwriting of Temperature controlled Cargoes and the difference between trade clauses & ICC

Module 3 – Marine Hull, Liability, Claims Management and Risk Management

• Overview on various Hull Insurance Clauses and Extensions including Marine War Risks
• Marine Hull Underwriting & Risk Assessment
• Marine Liability
• Claims Management
• Salvage & General Average

*No exemptions will be given for any module in the programme.
 

Executive Certificate in Marine Insurance will be awarded to candidates who have achieved at least 70% attendance in each module  as well as attain pass grades of the programme.

Guest Speaker

HL Man
Executive Director & Head of Marine
Willis Towers Watson

Joining Willis Towers Watson in 2016, HL brings his vast experience in the Marine Insurance industry, working in both claims and broking roles throughout his career.  He has handled all kinds of P&I claims including but not limited to cargo claims, personal injury, collision, wreck removal, damage to shore property, Salvors’ Article 14 claim, oil pollution and explosion cases, and FD&D cases.  With experience in claims, HL is able to advocate more effectively for his clients in all situations.   Also, HL has placed all kinds of marine insurance policies, including but not limited to H&M, IV, War, Loss of Hire, P&I, Liability, and other marine-related risks.

Manson Ma
Head of Marine (Underwriting)
Greater China Region
Berkley Insurance Asia

Leveraging over 15 years of marine industry experience as an underwriter and broker, Manson's latest position (as of October 2021) is the Head of Marine (Underwriting) of Berkley Insurance Asia for the Greater China region. Manson holds a bachelor’s degree (in Business Administration) and 2 master's degrees (in Global Political Economy majoring in Soft Power Politics, and in International Shipping and Transport Logistics). Manson is also a Senior Associate of ANZIIF.

Fun facts of our lecturer: 
Outside of work, Manson is a keen sailor at yacht racing and a UK qualified sailing instructor. To promote sailing as a sport and to foster whole-person development in our younger generation, Manson is also actively sharing his knowledge by engaging the local community via various leadership / teaching roles at Royal Hong Kong Yacht Club and Hebe Haven Yacht Club. 

Sam Tsui

Sam is a Partner of Tsui & Co that had been set up over 17 years.  He is the head of Shipping and Insurance Department of the firm. Sam has been actively involved in a wide range of maritime and commercial litigation and arbitration (including LMAA and Hong Kong) in respect of charter parties and bills of lading disputes, marine casualties and crew’s personal injuries, freight forwarding and terminal liabilities, all aspects of P&I and FD &D Club work and international trade matters.  He also advises clients on handling the sale and purchase of the vessels, drafting maritime contracts and etc.

Ronald Sum

FCIArb, FHKIArb, Accredited Mediator

Ronald Sum is a Partner in the Hong Kong office and Head of Dispute Resolution in Asia of Addleshaw Goddard (Hong Kong) LLP. He concentrates his practice in all areas of dispute resolution, specializing in China related matters, cross border disputes, complex commercial disputes, regulatory bodies investigations, transportation (maritime, aviation, road and rail), international trade, insurance and reinsurance including export credit insurance, product liability and product recall, including arbitration, litigation, mediation and investigations.

Amy Chan

Amy is a member of ANZIIF (Senior Associate) CIP. Amy had worked for insurers in Marine Cargo Underwriting for over 38 years where her role including but not limited to underwriting but also provided technical support in marine cargo claims for clients. Amy has extensive professional knowledge and experience in providing technical advice in risk assessment and loss prevention to insurance intermediaries and direct clients. Amy also provided trainings in the company and occasionally be guest speaker to share her experience. Amy was one of the committee members of Marine Insurance Association, Hong Kong working together with industry peers contributing efforts in providing technical support and promoting Hong Kong marine insurance market to the World in past ten years.

Jonathan Wong

Mr. Wong have over 20 years of marine underwriting experience in major US & European Insurers for different products such as cargo (including general cargo, stock throughput, project cargo), hull and yacht. He is now leading a marine team in HK with exposure across the region including HK, China, Singapore, Malaysia, Korea, etc.

Joanne Chan

Joanne has 40 years of marine underwriting and broking experience in the Asian marine market and enjoys a first-class reputation for her expertise and professionalism. She is highly skilled in building portfolios and developing and leading underwriting teams to accelerate profitable business growth across the Asia Pacific. Joanne is recognised as an industry leader in project cargo and handling risk-managed clients across the region. She is also highly experienced in electronic marine Insurance platforms, underwriting policy and governance guidelines for APAC cargo portfolio compliance, and structuring and conducting loss prevention programmes. Before joining ADVA Hong Kong in November 2022, Joanne held several senior roles in the marine insurance industry, including: Regional Head of Cargo in Asia Pacific for XL Catlin, Regional Head of Marine, and Head of Marine – Global Corporate, North Asia, and Head of Marine, Hong Kong for Zurich Insurance, Cargo Underwriting Manager – North Asia for AXA Corporate Solutions 2006, Underwriting Manager – Marine for Allianz Hong Kong, Marine Underwriting Manager for CIGNA Insurance.
Joanne was the first lady Chairman of the Hong Kong Marine Insurance Association during her term in office of 2002-03. She has been serving the Association as a committee member for over 20 years. Joanne was a member of IUMI’s Cargo Committee for ten years from 2008. She was also an IUMI Representative for the IUMI Asia Hub, which promotes the interests of IUMI’s Asian Members.

Mr. Raymond T C Wong
Principal, Asia Maritime Adjusting

Average Adjuster qualified in 1980, the first Chinese Fellow of the British Association of Average Adjusters, sitting on the Advisory & Dispute Resolution Panel. 
Started in 1966 with the oldest average adjusting firm, William Richards & Sons, currently named Richards Hogg Lindley, and following its acquisition by Charles Taylor plc, appointed to sit on the Board of Directors during 1999/2008. 
After (first) retirement, continued service, and commitment to the maritime and insurance communities, regularly lecturing on maritime claims-related topics. Founder member of Marine Insurance Club and HK Maritime Law Association; sat on the executive committee of the HK Shipowners Association, 2003/2011; the emeritus chairman of Institute of Seatransport.

Iris Ip

Iris graduated from the University of Hong Kong with a Bachelor of Arts degree and a Certificate of Education and completed her Associateship with the Chartered Insurance Institute in the UK.  She has worked in one of the largest reinsurers for 30 years with focus on underwriting Marine business.  She has stationed in Shanghai and Beijing for 10 year and gained vast knowledge of the Marine markets in Greater China region. She has also worked for an insurance broker belonged to a major shipping group of Mainland China with a senior management role.In addition to trainings provided in Greater China region, she was the speaker in IUMI (International Union of Marine Insurance) Conferences in Copenhagen in 2007 and in Hong Kong in 2014 and received high remarks.

Cindy Pang

Manager, Marine and Specialty

Cindy Pang has over 15 years of experience in marine cargo and freight forwarder’s liability insurance.  Before joining the insurance industry, she worked as Insurance and Claims Manager for an international logistics group, handling in-house insurance and claims-related matters.  

Cindy then joined Marsh (Hong Kong) Limited as Assistant Vice President of Marine & Logistics Team from 2006 to 2010, brokering marine cargo and logistics/supply chain-related insurance. After that, Cindy joined The Tokio Marine and Fire Insurance Co. (HK) Ltd as Senior Business Development Manager from 2010 to 2020, responsible for underwriting marine cargo and pleasure craft, managing a book of marine business, and developing new marine business.  

Cindy started her current role at MSIG HK from January 2021, responsible for underwriting marine cargo and freight forwarder liability insurance. 

For the industry, Cindy currently is also serving as Council Associate of Hong Kong Logistics Association

Elaine Mong
Claims Manager
Starr International Insurance (Asia) Ltd

Miss Mong is a Chartered Insurer and Associate of Chartered Insurance Institute (ACII) and Certified Insurance Professional (CIP) and Senior Associate of Australia and New Zealand Institute of Insurance & Finance, ANZIIF (Snr Assoc) 
She has a wealth of over 20 years all line claim handling experience with specialty in marine claims (including general, bulk and project cargo; hull & machinery, forwarder, terminal operator liabilities and other marine liabilities) and personal injury claims in different jurisdictions in Asia and Australasia as well as that in Europe and North America.
She is fluent in Cantonese, Mandarin and English with proficiency in Spanish.

(a) hold a bachelor’s degree awarded by a recognized university or equivalent; or
(b) hold an Associate Degree/ a Higher Diploma or equivalent, and have at least 2 years of work experience; or
(c) hold relevant professional qualifications.
Applicants with other qualifications and substantial senior level work experience will be considered on individual merits.

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1.  Download HKU SPACE application form from HKU SPACE website

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