Dr. Marina AlcoverAcademic director focused on measurable results and operational excellence in maritime education. Integrates IMO/STCW regulations and ISO 21001/9001 f
Diploma · 800 h · 8 modules
Diploma in Maritime Insurance and Risks
This program provides you with a comprehensive and up-to-date overview of the marine insurance industry. Master risk assessment, insurance policy management, and claims resolution in the complex global maritime environment. Learn…
Duration800 h
FormatOnline
Starts16 November
Places20 / 20
Prior knowledge
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Programme overview
What is the Diploma in Maritime Insurance and Risks?
The Diploma in Maritime Insurance and Risks
This program provides you with a comprehensive and up-to-date overview of the marine insurance industry. Master risk assessment, insurance policy management, and claims resolution in the complex global maritime environment. Learn about hulls, machinery, civil liability, and the latest trends in cargo insurance. This program empowers you to make informed decisions and protect the interests of all parties involved in maritime transport.
This program provides you with a comprehensive and up-to-date overview of the marine insurance industry.
Differential Advantages
- Real-Case Analysis: Learn from landmark maritime accidents and their legal and financial implications.
- Industry Experts: Professors with extensive experience in insurance companies, shipping lines, and maritime consulting.
- Risk Management Tools: Use software and methodologies to identify, assess, and mitigate maritime risks.
- Up-to-date Legal Framework: Understand the international laws and regulations governing maritime insurance and risks.
- Networking: Connect with industry professionals and expand your network within the maritime sector.
Programme type
Diploma
Study mode
Online
Duration
800 hours
Modules
8
Start date
28-11-2026
Programme highlights
- Comprehensive Analysis: Master risk assessment and insurance management in the maritime sector.
- Legal Framework: Delve into the national and international legislation that regulates marine insurance.
- Specialized Coverages: Learn to design and manage policies for hull, machinery, cargo, and civil liability.
- Claims Management: Develop skills for the efficient and fair settlement of claims in maritime incidents.
- Global Perspective: Gain a complete overview of the marine insurance market and its current trends.
- Boost your career and become an expert in marine insurance and risk.
Curriculum
Programme Structure
The programme is structured in 8 modules, listed below in order of study.
01
Fundamentals of Maritime Insurance and Risk Analysis in Navigation
- Introduction to maritime insurance: historical origin, fundamental principles, the international insurance market and the role of Lloyd's of London
- The principle of maximum good faith (Uberrimae fidei): duty of revelation (disclosure), misrepresentation and consequences of its non-compliance
- Insurable interest and insurable value: Definition of interest in ships, cargo and freight; Policies valued and not valued
- Identification and evaluation of maritime risks: sea risks, sea risks, illicit acts and dangers of force majeure
- The proximal cause (proximate cause): Doctrines of determining the efficient cause of the loss and analysis of concurrence of causes
- Guarantees in maritime insurance (warranties): implicit (navigability) and explicit guarantees, and modern legal reforms (Insurance Act 2015)
- Maritime Policy Structure: Type Clauses of the London Insurance Institute (ILU/IUA) and direct insurance contracts
- Principles of good faith and insurable risk
02
Hull and machinery insurance (H&M) and ship coverage
- Hull and Machinery Policies (Hull & Machinery): Analysis of the Institute Time Clauses - Hulls (ITCH) and Institute Voyage Clauses
- Hazards covered in H&M: machinery breakdown, boarding, explosion, collision with fixed/floating objects and negligence of the crew (INCHMAREE clause)
- RUNNING DOWN CLAUSE - DRC: Collision Liability Coverage with other Ships and Compensation Limits (3/4 or 4/4)
- Insurance for recreational boats and mega-yachts: specific clauses for recreational boating (Institute Yacht Clauses), Mooring and Navigation
- Loss of Hire Insurance: Coverage due to paralysis of the ship after an accident covered by H&M and calculation of compensation
- War and Strike Risk Insurance: Institute War and Strikes Clauses, Exclusion Zones, Piracy and Superprime (AP - Additional Premium)
- Status and Valuation Inspections: Intake of Coverage (Pre-Entry Surveys) and Assessment of the State of the Ship by the Insurer
- Clauses of the Institute of London Underwriters
03
Freight Insurance (Cargo Insurance) and Logistics
- Structure of the Institute's Load Clauses: Detailed and Comparative Analysis of the Institute Cargo Clauses (ICC A, B and C)
- Coverage "All Risk" (ICC A): Scope, general exclusions (own vice, improper packaging, delay) and burden of proof
- Named Risk Coverage (ICC B and ICC C): Covered Events, Sea/River/Lake Water Entry, and Loss of Lumps During Loading/Unloading
- Clause "From Warehouse to Warehouse" (Transit Clause): Start, duration and end of coverage during the logistics chain and multimodal transport
- Insurance for special loads: refrigerated cargo coverage (controlled temperature), liquid/solid bulk and dangerous goods
- Cargo Insurance Transmission: Insurance Certificate Endorsement, Incoterms (CIF/CIP) and B/L Holder Rights
- Gross Cargo Insurance Fault: Cargo Contribution Obligations, Issuance of Fault Bonds and Insurer Guarantees
- ICC clauses A, B and C
04
Protection and Compensation Clubs (P&I Clubs) and Civil Liability
- Nature of Mutual Insurance: History and operation of the P&I Clubs of the International Group (IGP&I) and Fees/Spills (Calls)
- Responsibility coverage for crew and passengers: personal injury, death, medical expenses, repatriation and rights MLC 2006
- Liability for environmental pollution: P&I coverage for hydrocarbon spills, harmful substances and guarantees under the conventions CLC/Bunkers
- Cargo damage liability: Consignee claims coverage, unauthorized diversion and exceptions in the club's policy
- Removal of nautical debris and damage to fixed objects: responsibilities for shipwrecks, collision with springs (FFO) and requirements of the authorities
- P&I Club (Letters of Undertaking - LOU) Guarantee letters: function as a bond to prevent the judicial seizure of ships
- Liability insurance for nautical professionals: hedges for consignees, terminal operators, shipyards and yacht brokers
- P&I club rules
05
Maritime Risk Management, Claim Prevention and Loss Prevention
- Risk Management Methodology: Identification, Assessment, Mitigation and Transfer of Risk in Shipowners
- Loss Prevention Programs: Initiatives of P&I Clubs and Insurers to reduce fleet accidents
- Analysis of operational and navigation risks: risks in port manoeuvres, passage through channels, high-risk zones (HRA) and Anchoring
- Marine Cyber Risk Assessment: Cyber Risks in Machinery and Navigation (OT/IT), and Cyber Exclusion Clauses (LMA5383)
- Climate change risks: impact of extreme weather events, storm severity and coverage adaptation
- Safety Management Inspections (HSEQ) and Risk: Assessment of Safety Culture on Board and its Relationship with Insurance Premiums
- ANALYTICS: Use of metrics and data intelligence for premium fixing and deductible correction
- Condition and Prevention Inspections
06
Management, processing and settlement of maritime claims
- Notification and initial claims procedure: Terms of notice, preservation measures and duty to mitigate the loss (Sue and Labour)
- Real total loss and total constructive loss: concepts, declaration of abandonment of the ship/cargo and valuation of remains (Salvage)
- The Maritime Expert (Marine Surveyor): Role of the Liquidator, Inspection of Damages, Issuance of the Technical Report and Investigation of Causes
- Particular Fault Settlement: Hull Damage Adjustment, Franchise/Deductibles Application and Depreciation by Use ("New for Old")
- Gross Fault Settlement Process: Average Adjuster Appointment, Securities Collection and Delivery Rule
- Cargo Claims Management: Required Documentation, Protest Letters, Quantification of Physical Damage and Financial Loss
- Subrogation and Recovery (Resource/Subrogation): Exercise of the subrogation rights of the insurer against responsible third parties (Fetitors, Terminals)
- Fault adjusters and experts
07
Maritime reinsurance, subscription (underwriting) and international market
- Principles of maritime subscription (underwriting): evaluation of the shipowner profile, claims history, class of the ship and pavilion
- Pricing and structure of premiums: calculation of the premium rate in hulls and cargo, application of deductibles and special clauses
- The maritime reinsurance market: function of reinsurance in market capacity, proportional contracts (quota, surplus)
- Non-proportional reinsurance: excess loss contracts (excess of loss - XL), layers of coverage (layers) and reinstallations
- The Pool of the International P&I Group: Shared Retention Mechanism, Collective Reinsurance Coverage and Disaster Protection
- International sanctions and exclusion clauses: impact of trade sanctions (US, EU, UN) on the validity of maritime insurance
- Insurance market trends: hard/soft market cycles, global capabilities and innovation in nautical insurance products
- Lloyd's Market
08
Capstone Project: Risk Audit and Coverage Plan Nautical Insurance
- Definition of the case study: Selection of a fleet of ships, a shipbuilder, a cruise line or a global logistics operation
- Identification and map of risks: structuring of the matrix of operational, environmental, cargo and legal responsibility risks
- Comprehensive Insurance Programme Design: Policies Selection (H&M, P&I, Cargo, War, Loss of Hire) and Required Compensation Limits
- Subscription Terms Negotiation: Preparation of the Quotation Slip, Definition of Strategic Deductibles and Premium Cost Analysis
- Claims and Emergency Management Protocol: Development of the Internal Manual for Quick Action to Approaches, Spills or Load Loss
- Mitigation Strategy and Loss Prevention: Implementation of a Preventive Risk Management Plan for Reduction of Claims
- Presentation of the coverage plan
- Final Presentation: Defence of the Maritime Risk Assurance and Management Proposal before a Committee of Insurers and Financial Directors
Workload
Study Time and Workload
800 hours of study, online and at your own pace. Move the slider to the hours a week you can really put in.
Hours a week8
Weeks to finish—
You finish around—
Who it is for
Insurance professionals seeking to specialize in maritime risks and expand their technical knowledge.Maritime lawyers needing to deepen their understanding of insurance legislation and its application in the maritime sector.Risk managers from shipping and port companies interested in optimizing their coverage strategies and minimizing losses.Claims adjusters wishing to improve their analytic
Faculty
Academic direction and faculty
The teaching team at Navalis: working professionals who deliver and oversee the institute's programmes.
Eng. Diego Cifuentes
Cap. Javier Abaroa (MCA)
Dr. Pau Ferrer
Dr. Nuria Llobregat
Eng. Javier Bañuls
Eng. Sofía Marquina
Eng. Tomás Riera
Verified reviews
Student Reviews
Reviews collected and verified by Opynio, not written by us.
Outcomes
Learning Outcomes
- 01Effectively manage maritime claims
- 02Assessing and mitigating risks in maritime transport
- 03Apply international regulations in marine insurance
- 04Design and implement comprehensive marine insurance programs
- 05Optimizing financial management in marine insurance operations
- 06Leading the underwriting of complex marine insurance policies
Careers
Career Opportunities
01Marine Insurance Underwriter: Risk assessment and pricing for vessels, cargo, and maritime operations.
02Marine Insurance Claims Manager: Investigation, adjustment, and settlement of claims related to marine losses.
03Marine Insurance Broker: Intermediation between insurers and clients, advising on the most appropriate coverage.
04Marine Risk Inspector: Inspection of vessels, terminals, and operations to identify and mitigate risks.
05Marine Risk Management Consultant: Advising companies in the maritime sector on risk identification, assessment, and management.
06Marine Expert: Technical assessment of damages and losses in marine losses.
07Marine Risk Analyst: Development of models and tools for risk assessment and management Risk management in the maritime sector.
08Insurance Manager in shipping or port companies: Management of the company's insurance policies and coordination with insurers and brokers.
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Questions
Entry Requirements
Maritime insurance and risks
Yes. The itinerary includes ECDIS/Radar-ARPA/BRM with harbor, ocean, fog, storm, and SAR scenarios.
Online with live sessions; hybrid option for simulator/practical placements through agreements.
It depends on the specific diploma program, but it generally focuses on insurance and risks in commercial maritime transport, although it may include modules on recreational vessels.
Recommended functional SMCP. We offer support materials for standard phraseology.
Yes, with a relevant degree or experience in maritime/port operations. The admissions interview will confirm suitability.
Optional (3–6 months) through Companies & Collaborations and the Alumni Network.
Simulator practice (rubrics), defeat plans, SOPs, checklists, micro-tests and applied TFM.
A degree from Navalis Magna Institute + operational portfolio (tracks, SOPs, reports and KPIs) useful for audits and employment.
Online admissions
Admissions Process
No waiting for a phone call. If your documents are complete, you can pay in the same session.
Entry requirements
Academic/Professional Profile:Bachelor's Degree in Law, Economics, Business Administration, or a related field; or accredited professional experience in the insurance or maritime sector.Prior Knowledge:Basic knowledge of insurance and the maritime sector will be valued.Documentation:Updated CV, copy of degree (if applicable), ID/Passport, letter of motivation explaining interest in the diploma program.Skills:Analytical skills, logical reasoning, and problem-solving abilities.```
Questions?
Frequently Asked Questions
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