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Line of Business:

Engineering

Level:

Advanced

Date:

8 – 12 Jul 2019

Duration: 5 days
Location:

Kuala Lumpur, Malaysia

Target group

This one-week course addresses insurance professionals who wish to gain an in-depth knowledge of engineering insurance and particularly project insurance within a short period of time.

Training goals

To give participants an in-depth knowledge of project insurance covers and to broaden their know-how on insurance covers related to the construction industry; to sharpen their practical skills enabling them to underwrite and manage large and complex construction project risks.

Content / Agenda

  • Risk assessment, underwriting and rating of projects such as combined cycle power stations, underground works, wet works, renewable energy (wind farm / solar power)
  • Main issues of Engineering Project Insurance covers
  • Decennial / Inherent Defects Insurance (IDI)
  • Advanced Loss of Profit Insurance / Delay in Start up (ALOP/ DSU)
  • Construction Projects Risk management
  • Loss examples and claims handling
  • Management of an engineering portfolio
  • PUMA rating tool (facultative)