May ABL Maritime Market Briefing: 11th May 2022
Join our May Maritime Market Briefing on the following topic:
Yachts on the run: Identifying the risk
What’s it all about
Due to sanctions imposed on owners, many of the world’s largest yachts have promptly left their normal cruising grounds, scheduled refit periods and berths. Others are under arrest or detention.
How does this affect the risk profile for hull and liability underwriters?
Practical measures can be taken to ensure claim levels do not escalate.
May’s ABL Group Maritime Market Briefing will explore this topic touching on the potential impact of the above, on the following aspects:
- The crew
- The safety of the vessel
- Potential breakdowns and casualties
- Maintenance of systems and the yacht
- Violations of long standing international maritime laws of the sea
- Long term implications of improper operation
Our learning objectives
- You will be able to discuss potential failures while fleeing
- You will understand and be able to discuss the risk of increased losses in the future
- You will know what are the normal good practices, which are not being followed
- You’ll be able to discuss the potential liabilities that exist from working with unfamiliar / unqualified crew
- You’ll be in a position to lay out the practical risk management steps
A live Q&A will conclude the technical presentation.
The technical presentation will be followed by last month’s “WreX Files” – a summary of last month’s high value marine casualty case reports.
Our Panel
- John Walker – Managing Director Maritime Americas, Technical Presenter
- Paul Hill – Managing Director Maritime Europe, Introduction
- Charlotte Dodge – Naval Architect, Case Reports
When and where
Wednesday 11th May, 9:30 – 10:30 AM UK time
HYBRID: in-person at The Old Library Lloyd’s & livestream to the ABL Group Youtube channel.