Your Role as Master on Insurance
As a Ship Master, you play a vital role in ensuring and protecting the insurable interest of the shipowner at all times. You also need to ensure that none of the actions taken onboard the ship, will not go against the interest of the Ship Owner, under any circumstances.
In the event of an untoward incident, you need to coordinate and correspond with various insurance organizations with respect to insurance and handling claims.
The animation below shows you the various perils a ship faces, the consequent financial implications, and your role in acting in the interest of the shipowner in securing his interest. The PDF document attached in the media gives details about the functions of the insurance and claims department.
The following media explains about the Role of Superintendent:
Functions Insurance and Claims
Entering into any maritime operations without proper insurance cover can lead to huge financial losses. The scenarios below illustrate some incidents which could be detrimental to the owner and his reputation in the market.
The following media (How Things Can Go Wrong) explains about the How Things Can Go Wrong:
Following is an expert’s view on the factors that a superintendent needs to consider before taking marine insurance.
