Engineering for Insurance Professionals
Introductory, Intermediate, Advanced | 3 May – 11 June 2021 | Virtual Training Course
| Levels: | Introductory, Intermediate, Advanced |
| Date: | 3 May – 11 June 2021 |
| Duration: |
Time: 08.30 – 12.30 CEST Onboarding session
EMEA/Asia friendly time zone |
| Location: |
Virtual Training Course |
Target group
This programme is designed for insurance professionals. In this training, participants will acquire valuable engineering insurance knowledge, as well as specific underwriting competence in project insurance.
Modular form of training
As the virtual training programme setup is modular, participants have the possibility to target different levels of achievement (introductory, intermediate and advanced). For those interested in the intermediate or advanced format, the attendance of the introductory training is a prerequisite. Depending on the pre-selected level, the time investment is between 8 to 13 half-days for the virtual training, and some additional time for smaller assignments between the sessions.
Requirements
Participants must be fluent in English. As the training course is virtual, good internet access is required and active participation is expected.
Programme overview for the three levels
|
Certificates |
3.5. |
5.5. |
7.5. |
11.5. |
17.5. |
20.5. |
26.5. |
28.5. |
1.6. |
3.6. |
7.6. |
9.6. |
11.6. |
|
Introductory |
A |
A |
|
B |
B |
B |
B |
C |
|
|
|
|
E |
|
Intermediate |
A |
A |
A |
B |
B |
B |
B |
C |
|
|
E |
E |
E |
|
Advanced |
A |
A |
A |
B |
B |
B |
B |
C |
D |
D |
E |
E |
E |
High level agenda
| Welcome and Introduction | A |
| Swiss Re Engineering Project Insurance wording – Section 2 Third Party Liability | A |
| Design / manufacturer's risk cover | A |
| Delay in Start-up - Exposures and risk assessment | A |
| IDI / Decennial covers | A |
| Project underwriting management application (PUMA) – Introduction and hands-on training | B |
| Construction Risk Business case - Group assignment | B |
| Natural Catastrophes | C |
| Cat Net tool | C |
| Risk assessment of project risks - Material damage (CAR/EAR) + TPL | D |
| Engineering Operational covers (CPM, DoS, BPVE, CECR) | D |
| Machinery Breakdown - Cover / Claims and Machinery Loss of Profit | D |
| Renewable Energies (Wind off/on shore and Solar Power) | E |
| Tunnelling Projects | E |
| Parametric Weather Solutions | E |
| The marine leg in project insurance | E |
| Reinsurance of Engineering Business | E |
|
Global Engineering at Swiss Re, Q&A |
E |
|
Wrap up, debriefing, award ceremony and virtual cocktail |
E |
Learning Goals
Introductory: The participant understands the wording of construction polices, is able to assess construction risks and can price the risks accordingly.
Intermediary: The participant understands the wording of construction polices, is able to assess construction risks and can price the risks accordingly. In addition, he/she has gained extended knowledge of types of covers and new industry segments.
Advanced: In addition to the Introductory and Intermediary level, participants have deepened their knowledge of annual covers, such as Machinery Breakdown, Civil Engineering Completed risks, and more.
Client Programmes Links
Sabina Baumann
I develop and implement Swiss Re Institute's Client Programmes, which offer exclusive content and access to Swiss Re and the institute. To complement our existing portfolio, we have now introduced a number of virtual trainings.
I enjoy tailoring our programmes to meet the needs of our clients.
Flavio Caspar
Flavio is part of the team responsible for developing and implementing Swiss Re Institute's Client Programmes. The Client Programmes provide exclusive training to selected Swiss Re clients, together with privileged access to the research materials of Swiss Re Institute. He is currently transitioning some of our Programmes into engaging and interactive virtual modules designed for maximum reach among our global participants.