Cost control in major maritime casualties

Online event
Tuesday, 06 October 2020
12:00 pm – 1:00 pm
    • Sam Kendall-Marsden, Director of Claims, The Standard Club
  • Marine & Energy webinar

In this IIL marine & energy webinar, Sam Kendall-Marsden will talk about why the Large Casualty Subcommittee was formed, its analysis of major shipping casualties, and the work the International Group has been doing to improve major casualty claims handling and control costs.

The International Group’s Large Casualty Subcommittee (then working group) was established in 2012 because of concerns about the rising cost of wreck removal, particularly in light of very large claims including the Costa Concordia.

The Subcommittee is composed of senior claims handlers with considerable experience of major casualty management from across the International Group. Since its inception, it has conducted three triennial reviews of major casualties involving significant wreck removal elements, to identify and assess the factors which have caused or contributed to the significant cost escalation, and to formulate practical claims handling recommendations and guidance for clubs.

The Subcommittee’s recommendations have been disseminated to clubs and have led to a number of important initiatives, including in relation to outreach with major maritime administrations, quantitative risk assessment, risk transfer, contracting, training and information-sharing across the Group.

By the end of this webinar members would have gained an insight into:

  • The work of the International Group’s Large Casualty Subcommittee
  • Cost drivers in major casualties
  • Strategies to improve the management of major casualties and control costs

Due to the interactivity of the event, places are limited (500 places) and will be allocated on a first come, first served basis.

This webinar will be hosted on GoToWebinar. Please familiarise yourself with their T&Cs and Privacy Statement.

Venue
  • Online event

Booking information:

You will be sent a confirmation email shortly after booking. If you have not received this within one hour, please contact Patricia Pedraza (020 7397 3911).

CII Accredited

This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.

1 hour's CPD can be claimed for this event if relevant to your learning and development needs.

It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.