CourseInsurance, Risk & Actuarial Data Applications open

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.

Duration300 h
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute certificate

Commercial and Regional Aviation Insurance Course — studying from Singapore

Singapore is a major insurance and reinsurance hub in Asia, regulated by the Monetary Authority of Singapore. Engineering skills support risk modelling, catastrophe analysis, data analytics and actuarial work for insurers and reinsurers. The sector draws on data science and quantitative methods, with demand from insurers, brokers and risk consultancies. The city's financial ecosystem makes it a common base for global risk and actuarial teams.

Fees for Singapore: S$920 (Singapore dollar), with instalments and employer sponsorship available.

Relevant bodies in Singapore

  • Monetary Authority of Singapore (MAS)
  • Life Insurance Association Singapore
  • General Insurance Association of Singapore
  • Society of Actuaries in Singapore

Typical roles

  • Actuarial Analyst
  • Risk Data Scientist
  • Catastrophe Modelling Analyst
  • Insurance Analytics Consultant

Questions from Singapore

Will this qualification be recognised by professional bodies in Singapore?

SEIUM's qualifications are private, not official state degrees, and are not accredited by any national body. In Singapore, actuarial work is linked to the Singapore Actuarial Society, and insurance is regulated by the Monetary Authority of Singapore. Recognition of a private qualification is decided by employers or the relevant body, so confirm with them directly before you enrol.

How might this training be used by employers in Singapore?

Singapore's insurance, banking and risk functions employ people with analytical and data skills. An engineering-based risk and data programme may complement such roles, but it does not guarantee a position or a specific career outcome. Employers usually weigh professional exams, experience and demonstrated analytical ability, so your final project and work history will matter as much as the qualification title.

Can I study this alongside a full-time job, and can my employer help fund it?

Because the course is fully online and taught in English, you can study from Singapore without travelling, and no student visa is needed for online study. The workload is substantial, so plan carefully around your job. Fees can be paid in instalments, and employer sponsorship is possible; many Singapore companies support job-relevant study, so discuss it with your manager.

Virtual lab · try it before you enrol

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.

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Learning outcomes

What you will be able to do

01

Characterise the risk of commercial and regional aviation.

02

Apply the liability regime of the air carrier.

03

Interpret hull and aviation liability insurance policies.

04

Analyse war and terrorism exclusions and their buy-back cover.

05

Manage an aviation claim in coordination with the technical investigation.

06

Evaluate the cycles of the aviation insurance market.

07

Prepare an underwriting presentation for a regional airline.

Profile

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.
Standards & tools

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
Syllabus

6 modules · 300 h

  1. 1.1Operators: trunk, regional, charter and business aviation
  2. 1.2Fleet: hull value, age and configuration
  3. 1.3Exposure per passenger carried and per cycle
  4. 1.4Flight phases and distribution of losses
  5. 1.5Ground risk: handling, towing and FOD
  6. 1.6Regional airports: runway, aids and meteorology
  7. 1.7In-house maintenance versus contracted maintenance
  8. 1.8Operating and finance leasing: who insures what
  9. 1.9Operational data: hours, cycles and routes
  10. 1.10Workshop: risk profile of a regional operator
  1. 2.1Montreal Convention: structure and liability system
  2. 2.2Limits per passenger, baggage and cargo; units of account
  3. 2.3Warsaw Convention and the survival of its application
  4. 2.4European regulation on carrier insurance requirements
  5. 2.5Passenger rights for delay, cancellation and denied boarding
  6. 2.6Baggage liability: checked and cabin
  7. 2.7Air cargo liability and documentation
  8. 2.8Liability towards third parties on the surface
  9. 2.9Competent jurisdiction and claim deadlines
  10. 2.10Guided reading of an air liability policy wording
  1. 3.1Structure of the combined hull and liability policy
  2. 3.2Agreed hull value and fleet adjustments
  3. 3.3Deductibles per aircraft and per type of loss
  4. 3.4Total loss, constructive total loss and abandonment
  5. 3.5Cover on the ground, in flight and during manoeuvring
  6. 3.6Spares, engines and rotable equipment hull cover
  7. 3.7Engine deductibles and foreign object damage
  8. 3.8Single combined liability limit and its scope
  9. 3.9Crew licence loss cover
  10. 3.10Comparative reading of two fleet proposals
  1. 4.1War exclusion clauses and hostile acts
  2. 4.2Separate war cover for hull and liability
  3. 4.3Third-party liability for acts of terrorism
  4. 4.4Hijacking, diversion and extraordinary expenses
  5. 4.5Risk of confiscation and loss of use
  6. 4.6Conflict zones and geographical restrictions in the policy
  7. 4.7International sanctions and voiding of cover
  8. 4.8Cyber risk in aircraft and operator systems
  9. 4.9Contingency cover for lessors
  10. 4.10Case study: aircraft grounded in a country in conflict
  1. 5.1Operator's emergency response plan
  2. 5.2Coordination with the accident investigation authority
  3. 5.3Role of the loss adjuster and the insurer in the first hours
  4. 5.4Assistance to families and mandatory advance payments
  5. 5.5Quantification of bodily injury across different jurisdictions
  6. 5.6Hull assessment and decision on repair or total loss
  7. 5.7Rescue costs, wreckage removal and decontamination
  8. 5.8Baggage and cargo claims arising from the same event
  9. 5.9Recovery against manufacturers, workshops and service providers
  10. 5.10Case study: runway excursion at a regional airport
  1. 6.1Minimum information needed to underwrite an air operator
  2. 6.2Aviation market: syndicates, leaders and followers
  3. 6.3Pricing: fleet, passenger exposure and loss history
  4. 6.4Layered programmes and facultative reinsurance
  5. 6.5Operational safety audits and their effect on terms
  6. 6.6Lessor insurance and certificates of interest
  7. 6.7Programme management during fleet growth
  8. 6.8Safety indicators and dashboard
  9. 6.9Renewal: presenting the risk to the market
  10. 6.10Final project: insurance programme for a regional airline
Methodology, software & labs

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.

Accreditable laboratories(EN ISO/IEC 17025) with a rotor test rig, EMC/Lightning pre-compliance, HIL/SIL, vibration/acoustics.
Evidence-oriented Master's Thesis:safety case, test plan, compliance dossier and operational limits.
Industry mentoring:lecturers with experience in training, , eVTOL/UAM and flight test.
Flexible format(hybrid/online), international cohorts and support from SEIUM Career Services.
Ethics and safety:safety-by-design approach, cyber-OT, DIH and compliance as its pillars.
Capstone project

Build it end to end

Your final project follows the real engineering workflow, step by step, reviewed by your tutor.

Minimum information needed to underwrite an air operator

Characterise the risk of commercial and regional aviation.

Aviation market: syndicates, leaders and followers

Apply the liability regime of the air carrier.

Pricing: fleet, passenger exposure and loss history

Interpret hull and aviation liability insurance policies.

Layered programmes and facultative reinsurance

Analyse war and terrorism exclusions and their buy-back cover.

Operational safety audits and their effect on terms

Manage an aviation claim in coordination with the technical investigation.

Career opportunities

Where this takes you

Aviation insurance underwriterAviation insurance brokerAirline insurance managerAviation claims managerAviation lawyerAviation risk analyst
Admissions & scholarships

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.

FAQ

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.

Commercial and Regional Aviation Insurance CourseEnrol
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