Diploma in Technical Marine Hull Underwriting
Online postgraduate diploma of 800 hours in technical marine hull underwriting. 8 modules covering hull insurance, policy clauses, technical and management assessment of vessels, risks and loss experience, rating, portfolio management and reinsurance, with an assigned technical tutor.
Diploma in Technical Marine Hull Underwriting — studying from Canada
Canada's off-road and heavy machinery sector serves mining, forestry, agriculture and construction, all major contributors to the national economy. Manufacturers and dealers in Ontario, Alberta, Saskatchewan and British Columbia supply equipment for resource extraction and infrastructure. Mining activity in Northern Ontario, Quebec and the territories drives demand for rugged vehicle engineering and maintenance expertise. Engineers work on hydraulics, drivetrains, machine safety and special vehicle design.
Fees for Canada: C$1,700 (Canadian dollar), with instalments and employer sponsorship available.
Relevant bodies in Canada
Typical roles
Questions from Canada
Is this programme recognised by professional bodies in Canada for off-road and special vehicle engineering?
SEIUM's qualifications are private, not official state degrees, and are not accredited nationally in Canada. Professional engineering titles are regulated provincially, and vehicle and equipment safety is governed by standards such as those from the CSA and rules from Transport Canada where applicable. Recognition of a private qualification is decided by employers or the relevant body.
What employers in Canada might value this qualification for special vehicles and machinery?
Employers could include mining, forestry, agricultural, construction and specialist vehicle manufacturers across Canada. Each employer decides how much weight to place on a private qualification, and practical experience is often central in these sectors. The final project can demonstrate applied capability, but it does not guarantee any role.
How can I study this while working in Canada, and how is it funded?
The programme is online and in English, so you can study from anywhere in Canada without a student visa. Choose from 300-hour specialist courses, 800-hour postgraduate diplomas or 1,900-hour master's programmes. Fees are payable in instalments, and employer sponsorship is possible, which some Canadian employers offer for job-relevant training.
Take the controls.
Run a real engineering trade-off from this field. Move the sliders, watch the model react in real time and beat the challenge.
What you will be able to do
Understand hull and machinery insurance.
Interpret the main hull clauses.
Technically assess the condition of a vessel.
Assess the quality of the shipowner's management.
Analyse maritime risks and loss experience.
Rate fleets of vessels.
Manage hull portfolios and their reinsurance.
Who it's for
- Marine hull underwriters.
- Marine insurance brokers.
- Vessel condition surveyors.
- Maritime risk analysts.
- Marine portfolio managers.
- Naval technical consultants.
- Engineering or science graduates seeking to enter marine insurance.
What you'll work with
- International Hull Clauses 2003 (London market hull conditions)
- Institute Time Clauses Hulls (standard London hull time clauses)
- ISM Code (International Safety Management Code)
- Nordic Marine Insurance Plan (Nordic hull insurance conditions)
- SOLAS Convention (Safety of Life at Sea)
- STCW Convention (standards of training, certification and watchkeeping for seafarers)
- Law 14/2014 (Spanish Maritime Navigation Act)
- Directive 2009/138/EC (Solvency II) (EU insurance solvency framework)
- Equasis
- S&P Global Sea-web
- Lloyd's List Intelligence
- Palisade @RISK
8 modules
1.1Purpose of hull and machinery insurance1.2Vessel types and exposure1.3Agreed value and market value1.4Covered and excluded risks1.5Hull war insurance1.6Loss of hire insurance1.7Increased value insurance1.8Markets: London, Scandinavia, Asia1.9Role of the broker1.10Workshop: analysing the structure of a hull policy
2.1International Hull Clauses 20032.2Institute Time Clauses Hulls2.3Nordic Marine Insurance Plan2.43/4 collision liability clause2.5Navigation warranties2.6Classification clause2.7Deductibles clause2.8Machinery damage cover2.9Inchmaree clause and negligence2.10Case study: comparing two sets of clauses
3.1Classification societies and IACS3.2Class status and recommendations3.3Port State Control inspections3.4Age, shipyard and design3.5Condition surveys3.6Repair history3.7Equasis databases3.8Detentions and deficiencies3.9Technical risk indicators3.10Practical exercise: technical profile of a bulk carrier
4.1ISM Code and management system4.2Quality of the technical manager4.3Crew and STCW training4.4SIRE inspections and vetting4.5Incident history4.6Planned maintenance4.7Safety culture4.8Cyber security on board4.9Fleet management4.10Case study: assessment of a technical manager
5.1Groundings and collisions5.2Engine room fires5.3Machinery breakdowns5.4Heavy weather damage5.5Total loss5.6Piracy and war5.7Loss experience by vessel type5.8Frequency and severity trends5.9Major historical casualties5.10Lab: loss experience analysis of a fleet
6.1Rates on insured value6.2Own fleet experience6.3Market benchmarking6.4Adjustments for technical quality6.5Deductibles and their effect6.6Fleet discounts6.7Rating models6.8Capacity and leadership6.9Technical profitability6.10Practical exercise: quoting a container ship fleet
7.1Individual versus fleet underwriting7.2Accumulations in ports7.3Proportional and non-proportional reinsurance7.4Solvency II and capital7.5Portfolio indicators7.6Renewals7.7Relationship with shipowners7.8Major loss management7.9Market trends7.10Workshop: portfolio renewal report
8.1Selection of the fleet8.2Technical assessment8.3Management assessment8.4Loss experience analysis8.5Proposed terms and conditions8.6Rating8.7Underwriting recommendation8.8Conclusions8.9Report and presentation8.10Final project: final review with the tutor
How you'll learn
100% online training on the SEIUM campus, with downloadable material, recorded classes and an assigned technical tutor. There are no fixed timetables: you progress at your own pace within each intake, so you can combine it with work.
Each module combines theory, guided reading of the original standard and applied exercises. The working software is Equasis, S&P Global Sea-web, Lloyd's List Intelligence and Palisade @RISK, in free, academic or evaluation versions. Procedures are studied on real cases of technical assessment of vessels for underwriting, fleet loss experience analysis and quotation of hull programmes. Assessment is continuous by module plus the final project.
Standards covered: International Hull Clauses 2003, Institute Time Clauses Hulls, ISM Code, Nordic Marine Insurance Plan, SOLAS Convention, STCW Convention, Law 14/2014, Directive 2009/138/EC (Solvency II).
Build it end to end
Your final project follows the real engineering workflow, step by step, reviewed by your tutor.
Where this takes you
Requirements
- Prior technical training or professional experience in the sector. A university degree is not required.
- An internet connection and a computer capable of running the programme software.
- English sufficient to read technical standards.
Ready to start?
Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.
Frequently asked questions
The programme totals 800 hours over 6–8 months. You set your own pace within each intake, and your tutor helps you plan the workload around your job.
You work with Equasis, S&P Global Sea-web, Lloyd's List Intelligence, Palisade @RISK, using free, academic or evaluation versions. Your tutor indicates the free alternative wherever one exists.
A SEIUM Institute diploma, awarded on passing the continuous assessment and the final project. It is SEIUM's own qualification, not an official state degree; its recognition depends on the programme completed and the regulations of each country.
Yes. Modules passed are recognised in a higher programme in the same area (postgraduate diploma or master's). Ask about the recognition policy when you enrol.
Prior technical training or professional experience in the sector (no university degree required), a computer able to run the software and English sufficient to read technical standards.
Start dates are set by SEIUM's faculty for each intake. Our admissions team will confirm the next available date when you apply.
Related programmes
Diploma in Marine Transport Claims Adjusting
Online postgraduate diploma of 800 hours in marine transport claims adjusting. 8 modules covering marine insurance, reference clauses, general average, claims investigation, loss quantification, liability and…
Diploma in Aviation Risk and Aircraft Fleet Insurance
Online postgraduate diploma of 800 hours in aviation risk and aircraft fleet insurance. 8 modules covering fleet exposure, safety regulation, aircraft technical risks, fleet insurance cover,…
Diploma in Biometric Risk in Professional Drivers
Online postgraduate diploma of 800 hours in biometric risk in professional drivers. 8 modules covering biometric and actuarial risk, the professional driver, health and claims data,…
More in Off-Road, Special Vehicles & Machinery
All Off-Road, Special Vehicles & Machinery programmes → · How to apply · Fees & financing · Scholarships