IUMI Online Cargo Tutorial
Non member: €880.00
The IUMI online cargo tutorial is tailored specifically for intermediate level cargo underwriters who wish to deepen their knowledge and expertise in cargo insurance. The programme is also suitable for maritime professionals with an interest in marine insurance such as surveyors and maritime lawyers. Students can start the self-paced learning programme at any point in time. The online tutorial consists of eleven modules, all set up in an engaging and interactive fashion:
1. Introduction to international trade
2. Particular average and sue and labour
3. General average and salvage
5. War and strikes
6. Duration provisions
8. Stock throughput
9. Project cargo
10. Additional clauses (added by broker or underwriter)
11. Trade clauses
To get a better understanding of how the online tutorial works in practice you can check out this free trial of module 1: "Introduction to International Trade"
Level of experience the tutorial is aimed for
The way the online course has been set up, it is suitable for young underwriters who are new in the industry and who have no knowledge at all. Ideally, they use the student activities in particular to gain greater knowledge of their own business.
Individuals who will gain most from the cargo tutorial are those who have approx. 3-5 years experience and have had some exposure to the book of business that their insurer is writing. For them the opportunity to ask questions and think about what they are actually seeing and doing within their own organisation will be greater and they will derive a different benefit overall through application and reinforcement of knowledge as well as merely gaining knowledge afresh.
The tutorial can also be viewed as a relevant source of information even for senior underwriters who wish a brief refresh on a single topic such as stock throughput or trade clauses, etc.
Students can choose to take an examination at the end of the eleven modules. An additional fee of EUR 90 will be charged to students who wish to sit the exam. Students who choose to sit the exam and who pass it will be awarded a certificate from IUMI which includes their score. The pass mark for the exam is 70%. Students achieving 90% or higher are awarded a certificate with distinction. The exam is an online exam which will be remotely invigilated by an exam supervisor and a webcam is required to sit the exam. The exam can be taken quarterly in March, June, September and December.
Information about reduced fee for IUMI members
IUMI members will be granted the lower fee of EUR 550.00 when they register on the IUMI Shop and choose their respective membership category. IUMI members are:
- Employees of insurance companies who are a member of one of IUMI's national insurance associations
- Employees of IUMI Professional Partners (IPPs)
- Employees of IUMI Affiliates
When you register in the IUMI Shop for the first time, you will need to create a personal account linked to your individual email address. Please note that the login details provided by your member association for the IUMI website cannot be used for the IUMI Shop.