Commercial and Regional Aviation Insurance Course
Online 300-hour course in commercial and regional aviation insurance. 6 modules covering the Montreal Convention (1999), Regulation (EC) 785/2004 (airline insurance requirements) and Cirium Ascend. Assigned tutor and open enrolment.
Commercial and Regional Aviation Insurance Course — studying from New Zealand
New Zealand's insurance and financial services sector is concentrated in Auckland and Wellington, with a strong focus on general insurance, life insurance and risk management. Natural hazard risk, particularly from earthquakes, is a major consideration, and the Earthquake Commission provides residential natural disaster cover. Actuarial and risk data professionals work for insurers, reinsurers, regulators and consultancies, with oversight from the Reserve Bank of New Zealand and the Financial Markets Authority.
Fees for New Zealand: NZ$1,280 (New Zealand dollar), with instalments and employer sponsorship available.
Relevant bodies in New Zealand
Typical roles
Questions from New Zealand
Which New Zealand bodies recognise actuarial and risk qualifications?
The Actuarial Society of New Zealand and the New Zealand Institute of Actuaries work alongside international bodies such as the Institute and Faculty of Actuaries. Membership and professional credentials in these fields are set by those bodies, not by private providers. SEIUM's qualifications are private and not accredited by any national body, so their standing depends on how your employer or the relevant body assesses them.
Do insurers and financial firms in New Zealand hire people with data and risk skills?
New Zealand's insurance, banking and government sectors do employ people in risk, pricing and data analysis, and the Reserve Bank and insurers both draw on these skills. Hiring usually depends on demonstrated technical ability and professional credentials. A SEIUM qualification can support your application, but whether it is valued is up to each employer.
How is the programme delivered and paid for?
The programme is 100% online and taught in English, so no student visa is needed to study from New Zealand. You are assigned a technical tutor and complete a final project. Fees are payable in instalments, and employer sponsorship is possible. Time commitment varies by programme, from 300 hours for specialist courses to 1,900 hours for master's programmes.
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
Characterise the risk of commercial and regional aviation.
Apply the liability regime of the air carrier.
Interpret hull and aviation liability insurance policies.
Analyse war and terrorism exclusions and their buy-back cover.
Manage an aviation claim in coordination with the technical investigation.
Evaluate the cycles of the aviation insurance market.
Prepare an underwriting presentation for a regional airline.
Who it's for
- Aviation insurance underwriter who wants to specialise in commercial and regional aviation insurance.
- Aviation insurance broker who wants to specialise in commercial and regional aviation insurance.
- Airline insurance manager who wants to specialise in commercial and regional aviation insurance.
- Aviation claims manager who wants to specialise in commercial and regional aviation insurance.
- Aviation lawyer who wants to specialise in commercial and regional aviation insurance.
- Aviation risk analyst who wants to specialise in commercial and regional aviation insurance.
- Engineering or science graduates seeking to join commercial and regional airlines.
What you'll work with
- Montreal Convention (1999)
- Regulation (EC) 785/2004 (airline insurance requirements)
- Rome Convention (1952) on damage to third parties on the surface
- Annex 13 to the Chicago Convention (accident investigation)
- Regulation (EU) 996/2010 (accident investigation)
- AVN 48B clause (war and allied perils exclusion)
- Law 48/1960 on Air Navigation
6 modules · 300 h
1.1Operators: trunk, regional, charter and business aviation1.2Fleet: hull value, age and configuration1.3Exposure per passenger carried and per cycle1.4Flight phases and distribution of losses1.5Ground risk: handling, towing and FOD1.6Regional airports: runway, aids and meteorology1.7In-house maintenance versus contracted maintenance1.8Operating and finance leasing: who insures what1.9Operational data: hours, cycles and routes1.10Workshop: risk profile of a regional operator
2.1Montreal Convention: structure and liability system2.2Limits per passenger, baggage and cargo; units of account2.3Warsaw Convention and the survival of its application2.4European regulation on carrier insurance requirements2.5Passenger rights for delay, cancellation and denied boarding2.6Baggage liability: checked and cabin2.7Air cargo liability and documentation2.8Liability towards third parties on the surface2.9Competent jurisdiction and claim deadlines2.10Guided reading of an air liability policy wording
3.1Structure of the combined hull and liability policy3.2Agreed hull value and fleet adjustments3.3Deductibles per aircraft and per type of loss3.4Total loss, constructive total loss and abandonment3.5Cover on the ground, in flight and during manoeuvring3.6Spares, engines and rotable equipment hull cover3.7Engine deductibles and foreign object damage3.8Single combined liability limit and its scope3.9Crew licence loss cover3.10Comparative reading of two fleet proposals
4.1War exclusion clauses and hostile acts4.2Separate war cover for hull and liability4.3Third-party liability for acts of terrorism4.4Hijacking, diversion and extraordinary expenses4.5Risk of confiscation and loss of use4.6Conflict zones and geographical restrictions in the policy4.7International sanctions and voiding of cover4.8Cyber risk in aircraft and operator systems4.9Contingency cover for lessors4.10Case study: aircraft grounded in a country in conflict
5.1Operator's emergency response plan5.2Coordination with the accident investigation authority5.3Role of the loss adjuster and the insurer in the first hours5.4Assistance to families and mandatory advance payments5.5Quantification of bodily injury across different jurisdictions5.6Hull assessment and decision on repair or total loss5.7Rescue costs, wreckage removal and decontamination5.8Baggage and cargo claims arising from the same event5.9Recovery against manufacturers, workshops and service providers5.10Case study: runway excursion at a regional airport
6.1Minimum information needed to underwrite an air operator6.2Aviation market: syndicates, leaders and followers6.3Pricing: fleet, passenger exposure and loss history6.4Layered programmes and facultative reinsurance6.5Operational safety audits and their effect on terms6.6Lessor insurance and certificates of interest6.7Programme management during fleet growth6.8Safety indicators and dashboard6.9Renewal: presenting the risk to the market6.10Final project: insurance programme for a regional airline
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: students progress at their own pace within the intake, which makes it possible to combine study with work.
Each module combines theory, guided reading of the original standard and applied exercises. The working software is Cirium Ascend, advanced Excel, Power BI, ECCAIRS 2, in free, academic or evaluation versions. Tests are studied using real procedures for analysing a hull and liability claim, and an underwriting study of a regional fleet. Assessment is continuous, module by module, plus the final integrative project.
Build it end to end
Your final project follows the real engineering workflow, step by step, reviewed by your tutor.
Characterise the risk of commercial and regional aviation.
Apply the liability regime of the air carrier.
Interpret hull and aviation liability insurance policies.
Analyse war and terrorism exclusions and their buy-back cover.
Manage an aviation claim in coordination with the technical investigation.
Where this takes you
Requirements
- No prior degree is required.
- Internet connection and a computer capable of running the programme's software.
- Sufficient level of Spanish to follow technical regulatory texts.
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 300 hours, spread over 3 to 5 months. That means between 10 and 15 hours a week on average, compatible with a full-time job.
You will work with Cirium Ascend, advanced Excel, Power BI and ECCAIRS 2. Free, academic or evaluation versions are used, and the tutor indicates the free alternative where one exists.
SEIUM's own diploma on passing the continuous assessment and the integrative project. It is in-house training, not an official qualification from the Ministry.
Yes. Modules passed in a course or postgraduate diploma in the same area are credited towards the higher programme. Check the credit transfer policy when you enrol.
Related programmes
Course in On-Demand Insurance in Urban Mobility
Online course of 300 h in on-demand insurance in urban mobility. 6 modules covering Directive (EU) 2016/97 (insurance distribution, IDD), Delegated Regulation (EU) 2017/2358 (product governance…
Course in Digital Platforms in Claims Management
Online course of 300 h in digital platforms in claims management. 6 modules with Regulation (EU) 2022/2554 (DORA), Regulation (EU) 2024/1689 (AI Act) and Guidewire ClaimCenter.…
Railway Insurance Expert Assessment Course
Online 300-hour course in railway insurance expert assessment. 6 modules covering COTIF 1999 (CIV and CIM Uniform Rules), Regulation (EU) 2021/782 (rail passengers' rights) and AutoCAD.…
More in Insurance, Risk & Actuarial Data
All Insurance, Risk & Actuarial Data programmes → · How to apply · Fees & financing · Scholarships