Diploma in Transport Insurance and Declared Value
Online postgraduate diploma of 800 hours in transport insurance and declared value for collection vehicles and high-value goods. 8 modules covering the insurance contract, goods-in-transit cover, declared and agreed value, carrier liability, transport risk management, claims and the specialist insurance market, with an assigned technical tutor.
Diploma in Transport Insurance and Declared Value — studying from Singapore
Singapore's restoration and classic vehicle community is small but active, centred on vintage cars, motorcycles and collectable machinery. Restoration work demands skills in mechanical repair, fabrication and historic materials, often sourced regionally. Vehicle registration and modification are governed by the Land Transport Authority, which applies particular rules to older vehicles. Employers include specialist workshops, collectors' garages and vehicle import and export businesses.
Fees for Singapore: S$1,840 (Singapore dollar), with instalments and employer sponsorship available.
Relevant bodies in Singapore
Typical roles
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. Restoration work in Singapore is generally judged on craftsmanship and reputation rather than a single licensing body, and Professional Engineer registration is handled by the Professional Engineers Board. Recognition of a private qualification is decided by employers or the relevant body.
How might this training be used by employers in Singapore?
Singapore's classic vehicle market is relatively small, so opportunities are likely to be limited to specialist workshops, collectors, dealers or independent consultancy. An online qualification may help you structure your technical knowledge but does not guarantee work. Clients and employers usually rely heavily on hands-on track record.
Can I study this alongside a full-time job, and can my employer help fund it?
The programme is fully online and in English, so you can study from home in Singapore with no student visa needed. Workload varies from 300 to 1,900 hours, so plan around your schedule. Fees can be paid in instalments, and employer sponsorship is possible, though this is less common for self-employed or small workshop owners.
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 the elements of the insurance contract.
Select goods-in-transit cover.
Determine declared and agreed values.
Apply carrier liability regimes.
Manage the risks of transporting high-value goods.
Handle claims and loss adjusting.
Design insurance programmes for complex operations.
Who it's for
- Specialist insurance brokers.
- Transport risk underwriters.
- Loss adjusters.
- Risk managers.
- Collection logistics coordinators.
- Auction house advisers.
- Engineering or science graduates seeking a career with insurers and brokers.
What you'll work with
- Institute Cargo Clauses (A), (B) and (C) 2009 (standard marine cargo insurance cover)
- CMR Convention (international carriage of goods by road)
- Montreal Convention 1999 (international carriage by air)
- Incoterms 2020 (international trade terms)
- Guidewire ClaimCenter
- Salesforce Financial Services Cloud
- Microsoft Excel
8 modules
1.1Elements of the insurance contract1.2Policyholder, insured and beneficiary1.3Insurable interest1.4Sum insured1.5Under-insurance and over-insurance1.6Policy and conditions1.7Duty to disclose the risk1.8Premium1.9Supervision of insurers1.10Case study: analysis of a transport policy
2.1All-risks cover2.2Restricted cover2.3Institute Cargo Clauses2.4Common exclusions2.5Door-to-door insurance2.6Storage cover2.7Open (floating) policies2.8Single-voyage insurance2.9Exhibition insurance2.10Practical: choosing cover for a shipment
3.1Market value3.2Agreed value3.3Value declared to the carrier3.4Documenting value3.5Prior appraisals3.6Market fluctuation3.7Currency and exchange rate3.8Value of parts and sets3.9Periodic review of values3.10Workshop: determining the declared value of a classic car
4.1Road transport4.2Sea transport4.3Air transport4.4Limits of liability4.5Declaration of value on the consignment note4.6Claim deadlines4.7Reservations on delivery4.8Loss, damage and delay4.9Multimodal transport4.10Case study: damage claim in sea transport
5.1Risk assessment5.2Carrier selection5.3Packing and securing5.4Shipment tracking5.5Theft prevention5.6Weather risks5.7Risks at ports and airports5.8Risks at events5.9Contingency plan5.10Laboratory: risk matrix for an international shipment
6.1Notification of loss6.2Required documentation6.3Damage assessment6.4Diminution in value after repair6.5Total loss6.6Salvage6.7Insurer subrogation6.8Recoveries6.9Litigation6.10Practical: claim file for a damaged vehicle
7.1Classic car insurers7.2Specialist brokers7.3The Lloyd's market7.4Co-insurance and reinsurance7.5Collection insurance7.6Exhibition insurance7.7Government indemnity schemes7.8Comparing quotations7.9Negotiating terms7.10Case study: insurance programme for a touring collection
8.1Defining the operation8.2Valuing the goods8.3Risk analysis8.4Selecting cover8.5Carrier liability8.6Claims plan8.7Comparing quotations8.8Recommendation report8.9Report and presentation8.10Final project: final review with your tutor
How you'll learn
Training is 100% online 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 the programme with your job.
Each module combines theory, guided reading of the original texts and applied exercises. The working software is Guidewire ClaimCenter, Salesforce Financial Services Cloud and Microsoft Excel, in free, academic or evaluation versions. Cases are studied on real procedures for selecting cover for an international shipment, determining declared value and managing a claim file. Assessment is continuous by module, plus the final project.
Standards covered: Institute Cargo Clauses (A), (B) and (C) 2009, CMR Convention, Montreal Convention 1999, Incoterms 2020.
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. No university degree is required.
- 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 Guidewire ClaimCenter, Salesforce Financial Services Cloud and Microsoft Excel, 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), plus 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.
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