XII Annual International Seminar
“Defence of Ship owners interests”

SHIP OWNER ANF INSURER: INSURANCE PAYMENTS
25 September, 2009 ● Saint-Petersburg, Russia

Remedy Law Firm (Russia) and International Law Offices (Ukraine) present the XII Annual International Seminar.
General sponsor Russian State Insurance Company Rosgosstrakh
Partner RESO-Garantia

Why you should attend?

As the global crisis takes on new and more alarming aspects, shipping as the most cost-effective type of transportation increase volumes of import-export operations and facilitate economic progress. Though shipping and insurance are different lines of business, they are interdependent and a proper insurance coverage provides support for successful and cost effective business.

What is necessary to take into consideration in order to maintain long-term mutually profitable for both parties’ relations? What are standards for resolving specific types of claims? Who may determine if the company is in compliance with applicable insurance regulations? How to bring the case to a prompt, successful conclusion? What tools are available to achieve a good result, both in a reasonable time frame and at a reasonable cost?

Attendees will hear on important aspects of choosing the right procurement strategies, understanding handling of claims, legal issues relating to marine insurance policies, quality and quantity claims, resolution of disputes.

The day spent in the company of the shipping and insurance industries’ leaders will fill out any gaps in the realities of insurance payments procedures perceived by the majority of us.

Speakers for the seminar - are well known for their enthusiasm for the subject as well as being experts in their field. They will examine key commercial and regulatory issues facing those involved in maritime law and business of shipping and insurance, the legal framework, tools and techniques for clear solutions in insurance payments schemes, explore the resolution of disputes through negotiation, mediation and arbitration, look at major cases of influence and offer advice and practical solutions.

The diverse range of presentations and intensive detailed case studies will ensure that participants develop a thorough understanding of the law and policy and gain the skills to survive this challenging time. Gain knowledge of future solutions!

Key highlights:

Understand the priorities and opportunities of long-term partnership in the Russian market
Offer shipping specialists a comprehensive guide to understanding the practicalities of marine insurance
Examine main requirements for key shipping documentation
Guide you through the complexities of insurance payments
Examine the types of claims arising from accidents and casualties
Discuss the handling of insurance claims
Discover how recent legal and regulatory developments can assist in negotiation efficiency
Examine the Russian Government new regulatory initiatives, recent changes in its practical implications on insurers and sea carriers.
Debate necessary solutions to anticipate problems: outstanding policies and timeous issue of policies
Hear from ship owners, insurers and lawyers on best practice and practical solutions
Use case study examples of best practice for energy efficiency
Assess the key risks facing maritime operations

Issues to be discussed: Strategies for overcoming legal, regulatory and other challenges associated with the insurance payments.
The risk of piracy-Insurance issues: Is payment of ransom wise and legal? Is it recoverable? If so, who is liable to pay it?
General Average issues
P & I insurer’s perspective
National and international regulations
Specific regulations that protect you against unfair claims settlement practices, such as slow or deceptive claims handling
Psychological aspects of negotiations
In attending this seminar for professionals in the shipping, transportation and insurance sectors participants will learn from the speakers and have the opportunity to discuss issues with fellow attendees and experts in a relaxed environment.

Take advantage of this opportunity to extend your knowledge and hone your survival skills. Don’t miss the opportunity!