Transportation Insurance Workshop
Find out how our participants rate our programmes via TRAQOM here
Read what our participants have learnt from this course…
Understand the different types of clauses and what each clause covers. So as a cargo owner, I will know what types of insurance should I apply for.
Muhammad Helmie Bin Salim, Supervisor, G. Singapore Pte Ltd.
Knowing the correct procedures on claims process.
Mohamed Ariff Bin Abdul Rahman, Assistant Manager, N.E. (S) Pte Ltd.
Transportation insurance is the oldest type of insurance in existence, yet it’s often the least understood. Whether you are a transportation intermediary or a shipper, you need transportation insurance buying tips from the unique perspective of an insurance insider.
Upon completion of the programme, participants will be able to:
Objectives
- To understand the legal role and risk exposures of freight forwarder
- To know the general make-up of a liability policy and type of liability covers available
- To understand the fundamental principles of cargo insurance
- To understand the various types of losses
- To identify practical issues relating to claims handling
Designed For
Persons in customer services, shipping, logistic admin, warehousing, as well as those in supervisory and executive positions; general insurance practitioners having special logistics interests
Coverage
The course is customized towards the Logistics Skills Framework Technical Skills and Competencies (TSCs) namely :
Freight Forwarding / Cargo Receipt & Inspection
Freight Forwarding / Cargo Insurance Administration
Freight Forwarding / Cargo Security Control
Freight Forwarding / Freight Insurance Admin
Freight Forwarding / Freight & Cargo Claim Admin
Freight Forwarding / International Trade Legislation
- Marine Cargo Insurance and Claims handling: newly-instituted cargo clauses, cargo loss prevention practices, steps for recourse; the claim process and the rules on limitations of liability and time bars
- International conventions and laws that are used by carriers to limit their liabilities, and how insurance can be tailored to meet these needs
- Sharing of relevant case studies throughout the course
Fees
The course is an Approved-in-Principle (AIP) course under the TPGateway (Course Ref No.: TGS-2018500079 valid till 24 Dec 2023) with a support level of $2.00 per training hour for company sponsored participant. More information at Financial/Award Schemes.
Nett course fee effective from 1 Oct 2018. Training providers will apply for funding via TPGateway for company-sponsored participants before course commencement.
| SLA Member | Non-Member | Self-Sponsored | |
|---|---|---|---|
| Course Fee | $398 | $498 | $498 |
| GST | $31.84 | $39.84 | $39.84 |
| Application Fee | $32.40 | $32.40 | $32.40 |
| Total Fee (payable to TLA) |
$462.24 | $570.24 | $570.24 |
| TPGateway | $16 | N.A. | |
| SFC * | N.A. | $500 (or available Credit) |
|
* “All Singaporeans aged 25 and above can use their $500 SkillsFuture Credit to pay for a wide range of approved skills-related courses. Visit the SkillsFuture Credit website to choose from the courses available on the SFC course directory.”
Payment
Payment will only be required after the course is confirmed.
(The status of the course would usually be advised one (1) month before the course start date.)
Payment mode:
Overseas – Telegraphic Transfer
Local – Bank transfer or Corporate PayNow
Duration
1 day : 9:00am to 6:00pm (8 training hours)
Lecturer
Harry Taylor who has spent six years in Singapore, joined Zurich Insurance Company Ltd from Asia Capital Re where he was Senior Underwriter focusing on marine liability and cargo across APAC and the international market. Prior to that, he was AIG Asia Pacific Insurance Pte Ltd where he was Head of Marine for Singapore as well as overseeing and growing the marine liability portfolio across the APAC region. Prior to moving to Singapore, he spent six years underwriting marine liability business on behalf of the Lloyd’s of London syndicate Travelers. Harry graduated with First Class Honours in Design in Business from Birmingham City University.
Certification
A Certificate of Attendance will be awarded upon successful completion with 75% attendance.
