Risk Mgmt. for Project Cargo Workshop

Tuesday, 29 September 2020 • 8:30 to 16:00 • Messe Bremen

Registrant Instructions: Check in to registration at Messe Bremen, Hall 4 to collect your badge and then proceed to workshop on Level 2

What’s Included: Workshop, two networking coffee breaks and lunch

Course Leaders:

Nick Andrews, Head of Risk Management, Lampe & Schwartze

Andy Corton, Project Cargo Underwriter, Pioneer Underwriters

Course Description:

This intermediate level, one-day, interactive workshop addresses the significant challenges that are encountered throughout a project lifespan and all the cargo movements. We will ensure that you are up-to-date with new legislation and the roles and responsibilities of all parties involved in the project lifespan.

The intricacies of risk management for project cargo provides many opportunities for mistakes, inaccuracies and lack of communication, which can lead to significant financial loss. Beyond their inherent value, the damage or loss of large project cargo items can cost many times their replacement value in project delays and advanced business interruption. Capacity needs of larger projects require more than one insurer to cover the project, resulting in complexities that can be extremely challenging to the project owners and others involved in the project. Working with qualified insurance brokers, underwriters, forwarders, investors, suppliers and contractors is vital.

This course will cover the major elements of risk management and insurance for the project team, including cargo brokers, underwriters, freight forwarders, carriers and other transport companies. You will leave the workshop feeling confident in your approach to risk management and able to apply the course principles to your role and wider team.

Key Topics to be Covered:

  • Principles of risk management
  • Roles and responsibilities of the project team
    • Insurance manager
    • Broker
    • Underwriter
    • Surveyor
    • Forwarder  
  • How to effectively understand and manage the risk management process throughout a project lifecycle
  • Case study examples
  • Interactive group-based project
  • What steps to take when things go wrong  
Who Should Attend?:
  • Project owners/managers (e.g. EPCs)
  • Freight forwarders
  • Transport companies (road, rail, marine)
  • Surveyors
  • Insurers / Brokers
  • Lenders

Pricing (Note: This is an add-on to registration.)

Risk Management for Project Cargo Workshop

Early Bird
Now - 29 July 2020

Advance
30 July - 28 September

Onsite
29 September

Visitors

€774.00

€883.00

€893.00

Exhibitors & Sponsors (25% off)

€580.00

€625.00

€669.00

Masters (50% off)

€387.00

€417.00

€446.00

Agenda

08:30 - 09:00
Networking Coffee

09:00 - 09:30
Principles of Loss Control (Risk Management)  

Topics to be covered:

  • Why loss control?
  • The basic principals
  • Process
  • Loss control in real life

09:30 - 10:15
Roles and responsibilities of the team
  • Insurance manager
  • Broker
  • Underwriter
  • Surveyor
  • Forwarder

Areas that will be covered:

  • Who are they? Why are they involved?
  • What is their responsibility?
  • Importance of information, timely communication and understanding each other’s roles in the process
  • Utilisation of the right personnel, in the right place at the right time
  • Managing the expected and the unexpected

10:15 - 10:45
Networking Break

10:45 - 12:15
Roles and responsibilities of the team (continued)
  • Insurance manager
  • Broker
  • Underwriter
  • Surveyor
  • Forwarder

Areas that will be covered:

  • Who are they? Why are they involved?
  • What is their responsibility?
  • Importance of information, timely communication and understanding each other’s roles in the process
  • Utilisation of the right personnel, in the right place at the right time
  • Managing the expected and the unexpected

12:15 - 13:30
Networking Lunch

13:30 - 14:45
Team Project


You will be allocated to a group and set a task based on a case study example of a risky project cargo movement. Groups will present back with their thoughts on how they would effectively manage the process from beginning to end, using the knowledge gained in the first session to guide them. Our experts will be on hand to assist and advise on best practice across the board and will identify key gaps and red flags in the process.
14:45 - 15:10
Networking Break

15:10 - 16:00
Summary of Fundamentals and Wrap-up


To finish the day, there will be a summary of the fundamentals of risk management for project cargo based on sessions from the day. Evaluation of key learnings and areas for improvement will be highlighted before the workshop concludes for the day.
 
Please join us for the opening ceremony taking place at the entrance of Hall 7 at 17:00