BIBA Schemes & Facilities webinar -  5 Powerful reasons why your clients need cargo insurance presented by Mercari Risk Management Ltd

In this presentation Alan Wilkins and Henry Haystead will give 5 powerful reasons why your importer and exporter clients should arrange their own cargo insurance, including:

• major hazards for containerised cargo;
• carriage conditions and the liability of carriers to goods lost or damaged;
• the transfer of risk and insurance obligations of buyers and sellers under international sale/purchase contracts (INCOTERMS);
• the sting in the tail for uninsured shippers General Average contributions and Salvage awards.

Learning objectives: 

• Understand the major hazards for containerised cargo
• The basics of international Carriage Conventions - Understand why carriers don’t pay full value if they lose or damage cargo
• The basics of international sale terms (Incoterms) – Learn which international sale terms either transfer risk to your client or obligate them to insure
• A brief view of General Average and Salvage – Understand the financial obligations of your clients under carriage contracts when a vessel founders

This interactive session will qualify for Continuing Professional Development (CPD) accreditation for BIBA members attending and returning a feedback form.

DISCLAIMER:

Our webinars are designed to give information and guidance and we aim to make them as accurate as we can at the time of presentation and recording. However, they may sometimes represent individual views and BIBA cannot guarantee, nor do they accept any responsibility or liability for, the accuracy or completeness of the content or for any loss which may arise from reliance on information contained within these presentations and recordings.