The sessions were carefully designed to be both informative and insightful, covering essential topics that form the backbone of marine underwriting and claims. Highlights included:
• The 330+ Year Legacy of Lloyd’s of London
We explored the long and rich history of the world’s most renowned insurance market, tracing how Lloyd’s has shaped the global insurance industry and continues to lead in specialty coverage.
• Understanding the Marine Insurance Act of 1906
We revisited the fundamentals of marine insurance and unpacked why the 1906 Act still matters today.
• Shipbuilding & Classification Societies
The role of class in shipbuilding was thoroughly examined, highlighting how classification standards underpin vessel safety and insurance eligibility.
• Vessel Types and Associated Risks
From bulk carriers to tankers and container ships, we discussed how vessel types differ in risk exposure and the importance of tailored underwriting approaches.
• Hull and Machinery Underwriting & Rating
A look into the intricacies of underwriting and rating methodologies that determine coverage and premiums for H&M policies.
• Institute Time Clauses in Claims Handling
Practical case studies illustrated how the Institute Time Clauses come into play during Hull and Machinery claims, reinforcing the importance of clarity in contract wordings.
This market meeting reaffirmed our conviction in collaboration and shared expertise as key drivers of industry progress. By bringing brokers into the room, we strengthen professional ties and also build a more resilient and informed insurance market.
Coastal Marine commits to supporting our broker network with regular updates, technical learning sessions, and open dialogue. We are grateful for your participation — and for showing up in batik with such enthusiasm — and we look forward to more opportunities to gather.