CIIG Advanced Diploma study plan

Map the full export transaction lifecycle from sales contract to final delivery, identifying each point where cargo risk transfers and an insurable interest arises

Compare Incoterms 2020 rules (CIF, CIP, FOB, DAP, DDP) and state precisely which party bears transit risk and who is obliged to insure under each

Deconstruct the Institute Cargo Clauses (A) into their component parts: risks covered, exclusions, duration, claims and benefit, and explain the function of each section

Distinguish the three standard Institute Cargo Clauses sets (A), (B) and (C) by listing the perils each covers and the named exclusions that separate them

Draft a one-page comparison table linking common export terms to the appropriate ICC cover level and the party who typically arranges it

Analyse the Institute Cargo Clauses (B) and (C) peril lists clause by clause, explaining why certain perils (e.g. earthquake, water damage) appear in one set and not another

Interpret the scope and effect of the general exclusions (packing, inherent vice, delay, insolvency, war and strikes) and give a worked example of each excluding a real loss

Explain the transit clause, including the attachment and termination of cover, the 60-day limit after discharge, and the effect of deviation, delay and forwarding

Apply the core principles of cargo insurance - insurable interest, indemnity, utmost good faith, proximate cause and subrogation - to a set of short loss scenarios

Differentiate valued, unvalued and increased-value policies and explain how each affects the measure of indemnity

Explain the function and wording of the warehouse-to-warehouse extension and the circumstances in which cover attaches before loading and terminates after delivery

Interpret the craft, lighter and transhipment provisions and the war and strikes clauses as they attach to a cargo policy

Identify the underwriting information required for a cargo risk: commodity, packing, route, conveyance, transit period, sum insured and loss history

Classify commodities by hazard (e.g. bulk, refrigerated, high-value, fragile, hazardous) and explain how classification drives rating and terms

Calculate a basic cargo premium from rate, sum insured and policy period, and explain the effect of deductibles and excesses on the final terms

Assess accumulation and catastrophe exposure for a single port or route and explain how underwriters control it through limits and line sizes

Explain the role of surveys, warranties and conditions precedent in managing cargo risk, and draft one warranty suitable for a temperature-sensitive shipment

Outline the claims notification process, the documents required (policy, invoice, bill of lading, survey report, claim form) and the insured's duties after loss

Apply the measure of indemnity to partial and total losses, including salvage, particular average and general average contributions

Explain the doctrine of subrogation, the rights acquired by the insurer on payment, and the limits on those rights against a carrier or third party

Analyse general average through a worked example, calculating the contributory values of ship, cargo and freight and each party's share

Evaluate carrier liability under the Hague-Visby and Rotterdam Rules and explain how cargo insurance responds where carrier liability is limited or excluded

Explain the role of the average adjuster and the difference between particular average, general average and salvage charges

Trace the documentary chain in an export transaction (commercial invoice, packing list, bill of lading, certificate of insurance) and identify discrepancies that affect a claim

Draft a letter of subrogation demand to a carrier, citing the applicable liability regime and the basis of the claim

Summarise the regulatory framework governing cargo insurance placement, including licensing, conduct and market-conduct expectations in the relevant jurisdiction

Explain the application of sanctions and export-control screening to cargo risks, including the consequences of covering a prohibited voyage

Apply the principles of utmost good faith and fair presentation of risk to disclosure scenarios, distinguishing material facts from immaterial ones

Identify ethical dilemmas in cargo underwriting and claims (e.g. undisclosed accumulation, overstated loss, conflicted surveyors) and state the correct professional response

Explain anti-money-laundering and know-your-customer obligations as they apply to cargo insurance intermediaries and insureds

Explain the purpose and mechanics of facultative and treaty reinsurance for cargo portfolios, including quota share, surplus and excess of loss

Calculate a simple cession under a quota share and a surplus treaty and explain how each affects the insurer's net retention

Describe how capacity is built in the cargo market through syndicates, co-insurance and reinsurance, and the role of brokers in placement

Explain the function of a line slip, binder and market security, and how underwriters assess reinsurer and counterparty security

Summarise the main market bodies and their roles (e.g. Lloyd's, International Underwriting Association, Institute of London Underwriters) without claiming affiliation

Consolidate the eight weeks into a single revision map linking each domain to its key clauses, principles and calculations

Complete a timed mock examination under exam conditions and mark it against the domain weightings

Identify the three weakest areas from the mock and produce a targeted remediation plan for each

Rehearse the calculation types most likely to appear: premium, loss adjustment, general average contribution and reinsurance cession

State the professional and ethical standards expected of a cargo insurance practitioner and how they apply in examination answers