MARINE INSURANCE VIDEO TUTORIALS

Updated and expanded 1/20/2016 

American Admiralty Books Safety & Privacy Policies   EU VISITORS WARNING POSSIBLE COOKIES AHEAD

LINK TO ABOVE DEPICTED SLIDE PROGRAM: 

American Admiralty Books Safety & Privacy Policies 

Interestingly, in admiralty law the words "maritime business", "commerce". etc. are rarely used. Most voyages and maritime endeavors are described as "maritime adventures". Given the element of risk in any ocean enterprise this is hardly surprising. Maritime commerce never would have expanded into the global endeavor it is today if a way to manage the enormous risks involved had not been found. The British crown led the way in the mid 1500s by spreading the risk among contributors organized by Queen Elizabeth into syndicates. If the assured ship made it back intact the syndicate members made a profit from the premium paid for the assurance that the enumerated losses if they occurred would be covered by the syndicate and the ship owner would not be thrown into debtor's prison. By the 1700's  an enterprising Brit started a coffee house called "Lloyd's" in London specially designed to attract the syndicate members and ship owners seeking assurance of some maritime adventure. This marked the beginning of the competitive "sale of risk" and the maritime insurance trade as we know it.  Today every marine professional, not just those in the admiralty law or insurance professions must have some knowledge of marine insurance. Below are a number of links to specially selected video resources that can give you the basics and the link to the Amazon Marine insurance book shelf for resources for deeper study.  

American Admiralty Books Safety & Privacy Policies 

HOW DOES MARINE INSURANCE WORK : 1.5 minute general explanation

INTRODUCTION TO MARINE INSURANCE, THE TRANSFER OF RISK: 10 minute gen. explanation

THE BASICS OF CARGO INSURANCE ("Make Sure You Get "Door To Door Coverage)

THE MARINE INSURANCE CONTRACT: 30 minute general discussion of the key elements in the typical marine contract for insurance





              

MARINE INSURANCE BOOK SHELF

How does Marine Ins.Wk  https://www.youtube.com/watch?v=Z2R3HxFlygo
Introduction https://www.youtube.com/watch?v=-MVXBCTgaW8 
Cargo Insurance: https://www.youtube.com/watch?v=A7aMskbifo4
The Marine Insurance Contract: https://www.youtube.com/watch?v=rTlJ0LqfBv4