Marine Insurance

Description


The Marine Insurance module is intended to provide students with the tools necessary for an interpretation, critical analysis and practical application of the clauses commonly used in the London Market in Hull, Cargo, Liability and Offshore Energy insurance contracts. To this effect, an in depth analysis of the basic principles of marine insurance law following the provisions of related statutes and case law is provided in addition.

Key Objectives

Provide a systematic understanding of particular topics of the Marine Insurance clauses

Help students deal with particular problems of interpretation of Marine Insurance clauses

Deal with particular – total and partial – and general average and related measure of indemnity

Provide students the tools with which to successfully handle legal issues arising in marine insurance

Details

Material
  • 8 hours of video
  • 190 pages of notes
  • 400 presentation slides
Assessment
  • 9 Self - Assessment quizes
  • 2 Summative assignments
Miscellaneous
  • No prerequisites
  • 20 Credits
  • Optional module

STRUCTURE

1Introduction to Marine Insurance
2Effecting Marine Insurance
3Classification of Marine Insurance Contracts
4Terms of Marine Insurance Contracts
5Main Doctrines of Marine Insurance
6Causation and Excluded Losses
7Marine Risks
8War & Strike Risks
9Third Party Liability Risks
10Losses
11Measure of Indemnity and Subrogation
12Averting of Minimizing Loss

Professors

S. Sfyris

LL.M. in Maritime Law, University of Southampton

Stavros Sfyris holds an LL.M. in Maritime Law, from the University of Southampton, (1991) and an LL.B. from the Law Faculty of the University of Athens (1988). He also enrolled the course of the European M.B.A. in Finance of Ecole Superiere de Commerce et Management and successfully attended accounting and financing modules in New York College in Athens (1999).

Mr. Sfyris is a member of the Piraeus Bar Association since 1989. He initially worked in a law firm based in Piraeus, mainly dealing with corporate and maritime law issues and ships’ sale, purchase and finance cases. Since 1994 he is operating his private law office in Piraeus, practicing business and shipping law. In 2000 he joined an Insurance Company in Athens as Training Manager, undertaking and conducting lectures on technical issues of life and general insurance products, as well as seminars on risk management and sales promotion, addressed to insurance agents and brokers. In 2005 he was employed by an Insurance Broker’s firm in Athens and from 2009 and up-to-date he is working as legal consultant of an Insurance Company in Nea Smyrni, mainly dealing with civil, commercial and insurance law cases.

Mr. Sfyris worked as business law lecturer at New York College in Athens and at IEK Peroulas in Kifissia and as marine insurance law lecturer in the Institute of Chartered Shipbrokers in Piraeus. From 1995 he is lecturing maritime law, marine insurance and ship’s sale and purchase modules in undergraduate and postgraduate levels at the Shipping and Transport Department of Business College of Athens.

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