This seminar covers the core coverages and exposures that define vessel owner and operator accounts:

• Hull and Machinery (H&M) insurance — how it works, what it covers, and how it is rated

• Protection and Indemnity (P&I): the breadth of third-party liability coverage and why it is essential for vessel operators

• Pollution liability for vessels: regulatory exposure, clean-up costs, and coverage options

• Charterer's legal liability: understanding the risk when a vessel is chartered and who is responsible for what

• Crew coverage considerations and the intersection with Jones Act and MEL

• Common vessel types and how the risk profile differs across commercial fleets, passenger vessels, and specialty craft

• How to read and evaluate a marine survey and why it matters for placement