marine insurance

The carrier in sea transportation is obligated to proceed with the voyage on the contractual route. The violation may exempt the insurer from supporting the loss and damage to cargo after deviation from the route. Regarding the importance of marine insurance contract validity in international commerce, this question arises whether the ship deviation invalidates the insurance contract and exonerates the insurer to compensate. In the English marine insurance act 1906, the insurer is exempted from compensating for damages and the courts consider the claim regarding the circumstances governing the case. The lack of a marine insurance act in Iranian legislation requires us to consider the matter of the general rules in the insurance act 1937 that analyze performance guarantees such as invalidity and right of termination on the contract. If the additional insurance premium is not agreed upon in the contract, the right to terminate the contractual relationship is an approach that protects the insurer in different cases. Nowadays, because the insurance companies do not fully compensate for the damage, part of that is compensated by the P&I clubs. In fact, there is a kind of supplementary compensation covered after deviation. The mentioned question is analyzed with the descriptive-analytical method and library sources in this article. 

Artificial intelligence (AI) has a huge potential to transform industry and society. Its benefits are widely recognized, and it has become a tool of strategic importance for the European Union and a major driver of economic development. However, as with any technological development, it also comes with challenges that must be assessed and, if necessary, addressed by policy makers and businesses. Artificial intelligence has been a big challenge for the insurance industry for decades and is creating fundamental changes in the way this industry operates. The application of artificial intelligence to eliminate repetitive tasks and improve efficiency is visible in the market of porter insurance and commercial insurance. On the contrary, personalization of insurance through artificial intelligence is limited to personal lines and SME business. However, its application in commercial insurance including various marine levels will be widely involved in the near future. It is likely that AI will have a broad impact on the insurance value chain, from underwriting and claims management to distribution and customer service to asset management. As a result, insurance executives should be familiar with the new technologies involved in this change and how artificial intelligence can help organizations produce innovative products, gather valuable insights from new sources, streamline processes, and improve customer service. The purpose of this article is to make interested people and people involved in the insurance matter familiar with the potential benefits related to artificial intelligence applications and to motivate academics to study controversial topics in this field. For this purpose, we have only referred to the study of existing articles and research regarding the use of artificial intelligence in the insurance industry, especially marine insurance, and its effects on the compensation of losses caused by it.