Best Global Practices: Marine Cargo, Project Cargo & Maritime Fraud Technical Training
The Insurance Institute of Nepal Ltd. (IIN) organized Day 2 of the technical training program titled “Best Global Practices: Marine Cargo, Project Cargo & Maritime Fraud Technical Training” on 2082/08/05 at Narayanchaur, Naxal, Kathmandu. This session was conducted exclusively for 28 participants from various insurance companies, focusing on underwriting, claims, reinsurance, and compliance.
With Nepal’s insurance industry experiencing rapid growth in international trade exposures, the training aimed to enhance the technical competence of professionals handling marine cargo policies and claims. The program was led by Captain Mukesh Gautama, an international expert with hands-on experience in global cargo claims, project cargo operations, and maritime fraud investigation.
Training Focus Areas
Participants gained in-depth knowledge on:
- Container & Cargo Claims
- Project Cargo & Risk Management
- Cargo Insurance Frauds
The sessions provided practical tools for interpreting policy clauses, analyzing risk exposures, strengthening documentation processes, and improving claims-handling decisions.
Key Learning Outcomes
- Improved understanding of global standards in cargo underwriting and claims management.
- Ability to identify high-risk exposures and implement stronger internal controls.
- Enhanced skills in claims evaluation, documentation review, and fraud prevention.
- Strengthened collaboration among underwriting, claims, and reinsurance departments.
Feedback & Impact
Participants appreciated the case-study–based approach and international insights shared by the resource person. Many expressed interest in further advanced modules to deepen their expertise in specialized marine insurance topics.
