MARINE INSURANCE LAW & PRACTICE POSTGRADUATE DIPLOMA (PGDIP)
This long-established programme has been comprehensively updated and revised for students joining in 2020, to offer an outstanding academic foundation for professionals in the marine insurance industry. Practitioners are empowered to develop their expertise and their careers, and those professionals planning to move into the field of marine insurance are offered a thorough understanding of this sector of the maritime industry.
The programme carries 40 European credits, and can be completed over a single year. It is comprised of five modules.
Module 1: General Principles of Marine Insurance Law
(21 Sept 2020 – 15 Nov 2020)
This module offers the essential fundamental knowledge of the principles of English marine insurance law, a specific part of shipping law. Marine insurance involves a specialized application of the law of contract, however, substantive differences have emerged. The module examines the English Marine Insurance Act 1906 (as amended) as the main source of the applicable legislation. Where English law is applicable, this statute as applied to the contract (policy) between the parties will constitute the norms that govern the legal relationship between the parties. The foundation for marine insurance in other legal orders is also addressed.
Module 2: Categories of Marine Insurance Cover
(30 Nov 2020 – 24 Jan 2021)
This module provides an overview of the different categories of marine insurance cover. The main focus is on the various standard marine insurance clauses in use in the English insurance market but, reference and comparison is also made to standard clauses used in other insurance markets. The focus is on marine property interests being exposed to risks (esp. Hull & Machinery cover). However, a vessel may also incur liabilities by causing damage to cargo or crew on board the ship or to property outside the vessel. In sum, the module highlights the potential overlap of property insurance with third party liabilities, predominantly covered by ship owners' mutual insurance associations.
Module 3: P&I Clubs and Mutual Insurance
(1 Feb 2021 – 28 Mar 2021)
This module explains why ship owners and ship managers have remained loyal to the Protection & Indemnity Club system for more than 150 years. Around 90% of the world’s ship operators cover their liabilities in one of the Clubs of the International Group of P&I Clubs. P&I and liability insurance have a number of common features with other insurance covers discussed in the first two modules. However, P&I insurance also has some unique elements, particularly in the way in which the Clubs are set up and operated within the concept of mutuality.
Module 4: Marine Reinsurance and Modern Maritime Risk Management
(6 Apr 2021 – 30 May 2021)
This module highlights the contractual arrangements for marine insurers to transfer accepted insurance risks to other insurers. It concentrates on the role of reinsurance – i.e. primary insurers entering into insurance agreements themselves to cover the risks of the underlying insurance. Closely connected to this topic are the wider aspects of maritime risk management and new IT approaches (“Insurtech”) to calculate risks and premiums in a modern, detailed and sophisticated manner.
Module 5: Settlement of Claims and Understanding Related Maritime Liabilities
(7 Jun 2021 – 1 Aug 2021)
This module focuses on practical and litigation issues related to maritime claims handling. It builds on the first four modules. The procedures and rules have, to a large degree, been developed by marine underwriters and P&I Clubs but are greatly influenced by legal and technical possibilities and limitations. To deal with incidents that may result in claims procedures, the module focuses on the value and importance of close interaction between the assured and the insurer.
The Admissions Board will consider only those applicants who meet the following general entrance requirements:
- A minimum of five years' work experience
- A Bachelor’s degree in a relevant discipline (with full transcript)
The highest grade certificate of competency for unrestricted service as master mariner or chief engineer
- English language ability (both written and spoken, see below English Requirement)
ENGLISH LANGUAGE REQUIREMENTS
All applicants must submit an internationally recognized English language proficiency test. Acceptable tests include IELTS, TOEFL, Cambridge examinations, and GCE O-levels in English language. Other tests are accepted by the Admissions Board only under exceptional circumstances; applicants should check with the Registry in such cases.
Candidates are assessed in accordance with the following general guidelines:
Test of English as a Foreign Language (TOEFL)
WMU’s TOEFL institution code is 9198.
International English Language Testing System (IELTS)
band 6.0 or above
Please note: the academic, not the general training, version of the test is required
Students who have a pass in a GCE O-level or the equivalent (WAEC, CXC etc) must enclose a copy of their examination results for evaluation by the Admissions Board.
Sometimes applicants’ test results meet the University’s general guidelines, but show weaknesses in a certain skills area. In such cases, the Admissions Board will evaluate the skill level based on guidelines shown above. Information on TOEFL may be obtained through US embassies/consulates or the US Information Service, and on the IELTS and Cambridge Examinations from the British Council or Australian or UK embassies/consulates.
FEES & COSTS
Time frame: 11 months (can be completed over a single year, or spread over three years, to allow students maximum flexibility to fit their studies around their demanding careers)
Credits: 40 EC
Fees: US$ 8,750 (US$ 9,750 when paid in instalments)
WMU alumni are eligible for a 25% discount on this programme.
Payments to the University
Payments to the University should be sent to:
Account Name: The World Maritime University
Account Number: 3968-77-02567
IBAN Number: SE66 3000 0000 0396 8770 2567
BIC Code: NDEASESS
Bank Name: Nordea
Bank Address: PO Box 24, SE-201 24 Malmö, Sweden
Details of the transfer of funds should be sent to the Registry by email (email@example.com).
Malmö is Sweden’s third largest city, situated in the southern-most province of Skåne. The centre of the city offers good shopping facilities, theatres, bars, cafés and restaurants, as well as an outstanding symphony orchestra, art galleries and museums. Although Malmö may look typically Swedish, with its parks, historic buildings and canals, it is also very cosmopolitan; many of its citizens were born outside Sweden, and over 170 different countries are represented in the city.
Malmö’s sports provision is excellent, whether you want to watch or take part, and includes football, ice-hockey, sailing, golf, tennis and horse-riding. The city is surrounded by rolling countryside and some of the best beaches in Sweden.
Malmö has strong historic bonds with the maritime industry; it was an important medieval sea-port and had a thriving ship-building industry for many years. It is also a city with a knowledge-based economy that places a premium on learning and research, being home to its own University as well as several faculties of Lund University and to WMU. The city has developed high-technology industries, to make the best use of its educated work-force. It is home, for instance, to a remarkable number of computer gaming companies.
The Öresund Bridge provides Malmö with a direct road and rail link to Copenhagen and its international airport, just 30 minutes away by train or bus. Copenhagen’s historic centre has all the attractions you would expect from any European capital, as well as some special features of its own, like the Tivoli Gardens.
The City of Malmö, as WMU’s host, provides the University’s building in the centre of town, which offers outstanding facilities in a spectacular building. The historic part of the University was built as the Harbour master’s headquarters.
WMU is able to provide excellent student accommodation at the Henrik Smith Residence, run by on-site staff, at a rent of approximately SEK 5,000 (2019 figure) per month. All WMU students can be accommodated on one site, although during the First Term, high-demand period students are likely to be required to share a room. The Henrik Smith Residence is less than three kilometres from the main University building, and only a short walk or bus-ride to the centre of Malmö.
The Residence has a range of facilities, including a lounge area for social meetings or group work, study rooms for group work, facilities for playing pool and table-tennis, a sauna, laundry facilities and indoor storage space for bicycles.
Passports and Residence Permits
Make sure that you have a passport that is valid at least as long as your whole study period, and has plenty of empty pages left, so that you can be issued with any visas you need while you are at WMU.
You should apply for a residence permit as soon as you get your enrolment packet, even if you do not need a visa to enter Sweden (note: if you are an EU national, different rules apply). Under our agreement with the Swedish Government, students of the MSc in Maritime Affairs programme (but not those on the PhD programme) are issued with a Swedish residence permit for the whole period of their studies. This permits you to travel to Sweden via other Schengen countries without obtaining additional or transit visas.
You should be aware that airlines will refuse to carry passengers without a valid residence permit or entry visa for their country of destination. It is therefore very important that you should start to apply for your residence permit as soon as possible. The process can often take up to three months, and sometimes longer, and the University, unfortunately, is not able to assist students with this.
WMU students’ families are subject to the same rules as any other visitor coming to Sweden and the process for obtaining a temporary residence permit for them can be very lengthy. Sometimes processing permits for whole families can take longer than for individual students. Note that your highest priority should be to arrive on time for the start of your programme, which begins in full strength on the advertised date. Please see the section on Should you bring your family to Malmö? for full details
The University takes out medical insurance to cover treatment in Sweden, as well as emergency treatment during field studies abroad. This health insurance covers sudden illness and accidents; it does not cover pre-existing conditions not mentioned on your pre-enrolment medical report. The insurance will also recompense students for the cost of prescription medicines. The insurance does not cover treatment from an optician, and gives only limited dental cover. Make sure you read the Fees and Facilities booklet, which contains the latest information available.
If you are planning to bring your family to join you in Malmö, it is compulsory to take out private medical insurance to cover them. The University insurance for you cannot be extended to your family. (See the section below on Should you bring your family to Malmö? for more information.)
Student Support Services
The University also provides students with accident and travel insurance during their study period, in addition to the medical insurance described above. The visas needed by students for field studies abroad are arranged by the University. Students also have free access to a leisure and sports centre close to the city centre.
An orientation programme is given to each group of new students to provide an introduction to the University and living in Sweden. This is supplemented by a comprehensive information and advice service.
As a member of the WMU community, you can benefit from a broader experience both as a professional and as an individual. The University offers you the chance to develop friendships with people from all over the world, and to become, temporarily, a member of Swedish society. It is essential that students take full advantage of all that their time at WMU has to offer.
Students at WMU have a voice in the affairs of the University through the Student Council, which has special officers responsible for all areas of student life, from sports activities to academic affairs. You can get involved in all the things that interest you. When you arrive, the Student Council arranges for you to be met by a ‘buddy’ – another student who can help you with all the practicalities of living in Sweden, and who can make sure you find your feet immediately. Later, you will be invited to give similar help to newcomers.
You might want to bring your national dress with you when you come to Malmö – you will be asked on a number of occasions to represent your country while you are here, and many students are proud to wear their national dress.
When you graduate, we make sure you can keep in touch with the University through webinars and online discussion forums. Many countries have lively alumni associations, which are part of a global network.
Some graduates have returned as resident academic staff or visiting professors. Many meet again at conferences, seminars and IMO meetings, as well as informally keeping up with friends through social media. The networking opportunities offered by studies at WMU extend far into the future.
Should you bring your family to Malmö?
Many students wish to bring their families to Malmö, but in reality very few can afford to do so. It is costly and making arrangements for your family is time-consuming, especially in a foreign country. Students find their studies very demanding and difficult to balance with family life.
If you make the decision to bring your family you should in any case arrive here alone. This will allow you to make suitable arrangements for their accommodation, as children are not allowed to live at the Student Residence at any time. The cost of renting a basic apartment is currently around SEK12,000 per month, plus utilities. Very few apartments are currently available, especially in this low price range.
The arrangements made by the University apply only to students, and not to dependants. If you want to bring your family, you must arrange financial support for them, quite apart from any fellowship that you may yourself hold. Your home government or employer is expected to continue to pay your salary while you are studying at the University, particularly to support your family, whether they remain in your home country or come to Malmö. Such arrangements are entirely a matter for students and their sponsoring government/organisations, and do not involve the University in any way.
If you intend to bring your family to Malmö, you must obtain the necessary immigration clearance for them to enter Sweden before they leave your home country. You must be able to demonstrate to the Swedish authorities that you can support your family financially, in line with Swedish regulations, and that you can afford the necessary health insurance for the whole period of their visit. Such insurance is quite expensive.
If you are joined in Malmö by your husband or wife only, he or she may share your accommodation in the Residence, but please remember that the apartments were designed and are equipped to accommodate only one person comfortably. It is not possible for children to live at the Residence, even for short periods, and so families with children must arrange outside housing at their own expense.
Instead of bringing their families for the whole period of their studies, many WMU students arrange a shorter visit during the summer months or at graduation.
At a glance
Each of the five modules is individually assessed via a written assignment. The assignment needs to be submitted before moving on to the next module. All assignments will be assessed by the instructors, using the same criteria as in the WMU M.Sc. Programme.
Are you interested in having the Postgraduate Diploma specifically tailored for your employees and your needs?
Companies in the sector have expressed their appreciation of the breadth of our programme as it provides comprehensive coverage of the various topics relevant to maritime managers. Take the example of a technical expert hoping to move into a leadership position but lacking the requisite managerial skills; this Postgraduate Diploma can play a decisive role in equipping him or her to handle both the demands and challenges of this next step.
There are many reasons for companies to seek out professional development opportunities for their staff. You may be looking for ways to ensure that you keep the best people in your organization and give them new career opportunities. You may want to upgrade skills across the board, to give your organization a competitive edge over others.
This Postgraduate Diploma could be a valuable instrument to strengthen the commitment of your employees and offer them career opportunities while raising the professional competence of your whole leadership team.This Postgraduate Diploma offers the opportunity to gather all your organization’s managers globally into one programme. They will all be connected via the distance-learning platform, which enables them to work on similar projects, questions and challenges at the same time. The discussion platform makes it easy to exchange views on a variety of subjects so participants soon start to collaborate across borders, both national and organizational.
Putting a special focus on your employees will help you to distinguish yourself from other employers in the market. Discuss it with your staff to see how they would feel about the chance to study with other maritime professionals and under the guidance and leadership of international experts.
Like the open enrolment, customized programmes offer full access to the distance-learning platform, access to the WMU’s e-library, teaching and supervision from an international team of faculty, and finally, all successful students receive an academic qualification awarded by WMU. With customized delivery we can offer customized pricing and payment options as well as the possibility of company specific opening and closing workshops to enhance the organizational learning and experience of the participants.
If you can assemble a group of at least fifteen candidates, contact us to discuss options for a customized delivery of the Postgraduate Diploma. We would be happy to meet you in person so we can clarify your objectives and decide how we can best support you to achieve them.
The programme lasts eleven months. Approximately every eight weeks, a module will be completed with a written assignment and a new module will start.In
total, you should consider around 1,000 hours for reading of material, learning, assignment preparation, discussion with peers, using collaboration tools, etc. This works out to about 200 hours per module.
ECTS (European Credit Transfer and Accumulation System)
The Postgraduate Diploma carries a credit weighting expressed in European Credits (ECs). The complete programme consists of 40 ECs with each module consisting of 8 ECs. Under the European Credit Transfer System (ECTS), these credits can be transferred on to other programmes, at WMU and elsewhere, if they are approved by the receiving university.
Credits earned in your Postgraduate Diploma may be used in partial fulfilment of the requirements for another degree. At WMU, for example, you would be completely exempted from the first term of the standard Malmö-based Master of Science (M.Sc.) in Maritime Affairs programme, allowing you to complete it in just ten months.
Flexible Learning Deliveries
This programme is designed by maritime professionals for maritime professionals. Flexibility in the way you study is vital.
Distance learning: Pre-recorded videos on an e-learning platform, self-assessments, collaboration tools, discussion forums.
If you prefer flexibility in your time planning and flexibility in the location, the distance learning mode is right for you.
The concept of distance learning in the programmeIs the distance learning mode really equivalent to a classroom learning mode?
We offer the latest technical set-up. This includes a solid e-learning platform to which only registered students have access. On this platform students access lecture videos from each expert, equivalent to the lecture in a classroom, self-study material for your personal exercises and including access to WMU’s online library.
Furthermore, you are not left alone. There are collaboration tools that enable you to have direct contact with the instructors and other students in order to discuss problems and questions.
Graduation Ceremony at WMU
Once you have fulfilled all of the requirements of the Postgraduate Diploma in Executive Maritime Management, you will be invited to participate in the annual WMU Graduation Ceremony in Malmö, Sweden. At this graduation ceremony, you will join the WMU Ph.D., M.Sc. and Postgraduate Diploma graduates for the conferring of degrees by the Chancellor of WMU, the Secretary General of the International Maritime Organisation (IMO).
Graduates from WMU are proven to be leaders of tomorrow in the maritime sector. Graduates leave WMU not only with the knowledge they need to succeed, but also with an extended network of contacts from around the world. Once you have completed the Postgraduate Diploma in Executive Maritime Management you are welcome to join our network of graduates.
You can calculate the total cost of the Postgraduate Diploma programme based on the following fees: Distance learning: € 1,518 per module.
During the programme, you will receive two invoices. The first will be sent upon registration, at the start of the programme, and will cover the first two modules. The second invoice will be sent before you start the third module. For more than two participants from the same company, a 10% discount per participant is offered.
For the distance learning mode, you will have access to the e-learning platform. Access to the WMU online library is available.
Additional materials such as books, articles and other recommended readings not available through WMU’s e-library are not included in the module fees.
When you have successfully completed all the requirements, you will be awarded a “Postgraduate Diploma in Executive Maritime Management” issued by WMU.