The Hong Kong Federation of Insurers (HKFI) today (20 November 2017) announces its launch of the “Executive Certificate in Marine Insurance”, the first ever training programme in the region recognised by the International Union of Marine Insurance (IUMI).

“The HKFI is glad to roll out this new curriculum in association with the reputable HKU SPACE to help promote and advance marine insurance training,” said Mr P L Chan, Deputy Chairman of the Hong Kong Federation of Insurers. “As IUMI’s Asian Hub, we strive to promote marine insurance in the region and conduct quality training to uplift the professional standard across the industry.”

Targeting both current and future marine insurance professionals, the programme consists of 45 hours of face-to-face learning and practical case studies. The curriculum is designed and taught by delegates of HKFI’s Marine Insurance Association and industry leaders with professional qualifications and profound experience. Industry practitioners can also join this programme recognized by the Government’s Pilot Programme to Enhance Talent Training for the Insurance Sector and receive two-thirds of tuition subsidy. Programme information will be available for download at http://hkuspace.hku.hk by end of November 2017.

“Launching in Hong Kong the “Executive Certificate in Marine Insurance”, being the first-ever marine insurance training programme in Asia as recognised by the International Union of Marine Insurance, highlights our position as a prominent industry player in the Asia-Pacific region,” said Mr Frank Chan, Secretary for Transport and Housing. “The programme is a crucial driving force in nurturing more local and overseas marine insurance talents, thereby ensuring the sustainable and thriving development of the industry. The HKSAR Government shall continue with its best endeavours to collaborate with the many maritime-related organisations to build up a vibrant, diversified and competitive pool of professionals and technical personnel for the maritime industry in Hong Kong, Mainland China, and the rest of the Asia-Pacific region.”

“IUMI is pleased to see Hong Kong as the seat of IUMI’s Asian Hub launches the first formal marine insurance training for the region,” said Mr Dieter Berg, President of the IUMI. “Education is very high on IUMI’s agenda. Education is always local and accordingly the HKFI initiative on an “Executive Certificate in Marine Insurance” fits ideally in the picture and IUMI is happy to support. ”

About IUMI:
The International Union of Marine Insurance (IUMI) represents 43 national and marine market insurance and reinsurance associations. Operating at the forefront of marine risk, it gives a unified voice to the global marine insurance market through effective representation and lobbying activities. As a forum for the exchange of ideas and best practice, IUMI works to raise standards across the industry and provides opportunities for education and the collection and publication of industry statistics. IUMI is headquartered in Hamburg and traces its roots back to 1874.

Secretary for Transport and Housing Mr Frank Chan (fifth from left) officiates at the launch of the “Executive Certificate in Marine Insurance” today. Mr Chan is flanked by (from left) HKFI Chief Executive Peter Tam, HKU SPACE’s Head of College of Business and Finance Professor N R Liu, IUMI President Dieter Berg, Marine Insurance Association Chairman Patrick Wong, Director of Marine Maisie Cheng, HKFI Deputy Chairman P L Chan, IUMI Vice President Agnes Choi, Deputy Secretary for Financial Services and the Treasury Eddie Cheung and IUMI Secretary-general Lars Lange.

Please click here to view more photos of the event.