Training Courses

 

FOUNDATION COURSE IN MB & MBLOP INSURANCE

 

Key learning Outcomes

At the end of the course, participants will be able to :
•recognize the important aspect and the background of engineering insurance and the relevant insurance principles.
• appreciate the evolution of machinery from mechanical, electrical to electromechanical machine, future development and reasons for insurance against failures and breakdown.
• understand the principal coverage of MB and MBLOP insurance.
• understand the aspect of MB and MBLOP underwriting processes and risk assessment.
• understand the aspect on basis of material damage claims settlement and loss of profits claims settlement.
• understand of the important aspect of survey for engineering insurance underwriting.
• comprehend claims related to engineering insurance.