Risk Management for Project Cargo

8 October 2019 • 08:30 - 17:00 • GRBCC 3rd Floor Meeting Rooms

This intermediate level, one-day workshop will be presented by a certified risk manager working in the project cargo coverage sector. The intricacies of risk management for project cargo provides many opportunities for mistakes or inaccuracies, which can lead to significant financial loss. Beyond their inherent value, the damage or loss of big project pieces can cost many times their replacement value in project delays and 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 manager and others involved in the project.

This course will cover all of the major elements of risk management for the project team, including cargo owners/managers, freight forwarders, carriers and other transport companies. You will leave the workshop with a better understanding of the nature of risk management and how to apply the course principles to your role on the team.

Participants will receive a Certificate of Attendance from Breakbulk Events & Media


AGENDA

Instructor
Steven Weiss, Sr. Vice President/Chief Underwriting Officer, Munich Re Specialty Group N.A./Roanoke Insurance Group

Panelists
Cliff Axelson, Senior Vice President, Property & Casualty Division, USI Insurance Services
Claudio Crivici, NAMS-CMS, President, Castlerock Risk Services, LLC
Ali Rizvi, Senior Vice President, Marsh USA Inc., Global Marine Practice
Lauren Thibodeaux, Insurance and Risk Manager, Freeport LNG

08:30 – 09:00
Networking Coffee

09:00 - 09:15
Introduction of Panelists

09:15 - 10:30
Principles of Risk Management
  • The Identification and Analyses of Loss Exposures
  • Examination of the Feasibility of Alternative Risk Management Techniques
  • Selection of the Best Risk Management Techniques
  • Implementation of the Techniques
  • Continual Monitoring of the Program
10:30 - 11:00
Networking Break

11:00 - 12:00
Team Building for a Positive Outcome
Roles of the:
  1. Project Owner
  2. Insurance Team
  3. Engineering, Procurement, Construction Management Team
    1. Logistics Team, Including Freight Forwarders, Intermodal Carriers and Transport Companies
    2. Contractor Liaisons
    3. Owner Reps
    4. Engineering Support for Marine Transit
      • Design and Seafastenings
      • Marine Engineering and Naval Architecture 101
      • Site Management Team
12:00 - 13:00
Networking Luncheon

13:00 - 14:30
Comparison and Analysis of Risk
  • Greenfield vs. Brownfield
  • Modular vs. Stick Build
Interaction of the Parties:
  • Turn Key vs. Time and Materials
14:30 - 15:00
Networking Break

15:00 - 16:00
Insurance Purchase and Its Challenges - What It Coves and What It Does Not
Where Do I Fit In? - Interactive Discussion

16:00 - 16:30
Quiz on Fundamentals & Evaluation
16:30 - 17:00
Wrap-up and Networking


Pricing

Price includes access to the two-day exhibition, Main Stage conference sessions and Tech & Innovation Hub sessions on Oct. 9-10, as well as the Welcome Reception on Tuesday, Oct. 8. Register by selecting your option below and add the workshop at checkout. 

If you have already registered for Breakbulk Americas, you can add the workshop by logging into the registration portal with your name and badge number. Your original ticket price will be deducted from the workshop price at checkout.