Friday, 30th July 2021

Jonas Mundt

My name is Jonas Axelsen Mundt. I am an Assistant Vice President, Claims, Lawyer in Skuld. I studied law at the University of Copenhagen and graduated with a master’s degree in 2008.

After graduating from law school, I worked for a Danish law firm from 2008-2010. I then joined the Copenhagen Branch of Assuranceforeningen Skuld (Gjensidig) where I have worked since – throughout in Claims & FDD.

I started the IG P&IQ because I was encouraged by my claims manager to join. I have not regretted doing so for a moment since then. I only sat in exams in the previous format where all participants were required to travel to London for hand-written closed book exams. I took Modules 1 and 2 at the same time in the Spring of 2011 and since then one module at a time which I think is the preferable way. I completed the IG P&IQ in February 2017 having had a break for a year or two after I had had children.

I would highly recommend the IG P&IQ to anyone employed in P&I, whether in claims, underwriting or other functions, as it gives a very useful background to the daily work in the Clubs. I would particularly emphasise the following features of the programme:

• In my view it is especially useful for people with one or a few years of P&I experience
• It puts your role into a much bigger perspective
• It explains the history of the Clubs, how cover has developed over time and why certain things are done the way they are done
• It broadens your horizons and explains how other parts of the Clubs function including such topics as general claims handling, loss prevention and underwriting
• It is really helpful when you are approached by Members with unusual questions

My preparation for each exam was generally by reading the printed course material once over a longer period of time (usually from time to time during my train ride to and from work) followed by a re-read of the course material with my previous highlighting when closer to the exam date to remind myself and enabling me to raise any last-minute questions with relevant colleagues. I consider that level of preparation adequate, but the relatively high level of detail required in the exams would be difficult to deliver without that level of preparation.

I still regularly use my printed course materials from IG P&IQ as a reference point with respect to various issues and questions such as towage, members’ membership of ITOPF etc, so the programme is a long-term investment which has definitely been worth my time.