Cargo Insurance Claims and Lessons Learnt from Covid-19
The recent Covid19 pandemic has changed certain things about how cargo insurance claims are handled. This webinar will focus on some lessons learnt on technical deviation under the contract of carriage, the potential loss of Hague-Visby (or similar) defences, and risk of a breach of Club cover. This free 1-hour webinar is collaborative effort between the International Malaysian Society of Maritime Law (IMSML) and Persatuan Insurans Am Malaysia (PIAM) and should be of interest to shipowners, insurers, insurance brokers, bankers, lawyers and other interested commercial parties.
Registration Fee
This is a free webinar event.
Time & Date
Thursday, 15 Oct 2020
4.30 - 5.30PM
Streaming Live in Malaysia
Duration : 1 hour
Welcome Remarks
By Mark Lim
Chief Executive Officer, Persatuan Insurans Am Malaysia (PIAM)
Cargo Insurance Claims and Lessons Learnt from Covid-19
+ Cargo accummulation and insurance contract limit
- Delay clauses: excess time - load/unload, time period
- NOR, WIFPON
- Demurrage charges
- Additional costs
+ Deviation / Unsafe Ports
+ Discussion - vulnerable goods, perishable items with a shortshelf life
+ Force majeure and exemptions
+ Practical Considerations
- Interuptions in transit / deliveries
- Port congestion and disruption to deliveries
- Vessel quarantine
- Port closure