Title |
ENGINEERING INSURANCE WORKSHOP A PRACTICAL APPROACH
TO CONTRACTORS' ALL RISKS (CAR) & ERECTION ALL RISKS (EAR)
WHAT TO LOOK FOR IN RISK SURVEY & RISK MANAGEMENT
|
Date |
9 – 10 October, 2012 |
Duration |
2 Days |
Level |
Intermediate / Advance |
Time |
9.00 am to 5.00 pm |
Venue |
Seri Pacific Hotel Kuala Lumpur
Jalan Putra
50746 Kuala Lumpur
Malaysia
Tel (603) 4042 5555
Fax (603) 4041 7236
E-mail: resv@seripacific.com
http://www.seripacifichotel.com
|
Trainer |
1. Mr. Peter Yong Weng Sing, ACII, AMII, Dip. Eng (Automotive), Chartered Insurer
|
About The Programme |
The workshop will address the need for a more practical approach to Engineering underwriting and claims, with special emphasis on Contractors' All Risks and Erection All Risks classes. The course will also tackle the fundamentals of Risk Management and the ever-changing needs of Risk Survey and risk exposure identification and mitigation.
|
| Key Learning Outcomes |
At the end of the workshop, participants will acquire a better insight on the principles of Engineering underwriting from the technical and claims perspective. Participants will also understand and appreciate the requirements for a good Risk Management regime be it at the construction site or at a production facility.
|
Key Course Content |
Introduction and Policy Coverage under CAR/EAR Insurance:
- Difference between CAR & EAR Insurance
- Policy Coverage
- Policy Exclusions
CAR/EAR from a Technical Perspective:
- Basics of Building construction
- Basics of Road construction
- Basics of Infrastructure works
- Basics of Tunneling
- Understanding wet risks
- Identifying potential hazards in high-rise/low-rise construction, wet risk works and erection works in a manufacturing environment.
Underwriting Methodology:
- Risk assessment and analysis
- Underwriting factors & consideration
- Understanding the Letter of Award, BQ and Construction Time Schedule
- Quotation Format (rates, deductibles and clauses)
- What is Designer's Risk?
Understanding Common CAR/EAR Clauses and their application:.
- Case Study 1
- Case Study 2
CAR/EAR Claims:
- Possible loss scenarios
- Loss mitigation
- Case studies
Risk Management at Construction/Erection Sites & Production Facilities:
- Objective of Risk Management at site
- Preparation before conducting risk inspection
- What to look out for
- How to read construction drawings
- How to prepare a good Survey Report
- Benefits of pre-acceptance and post-loss inspections
***Q & A
|
Fees Category |
Course Fee Per Person |
|
LOCAL |
INTERNATIONAL |
| Single Registration |
RM 1340 |
USD 600 |
Group Registration |
20% Discount will be given to the fourth and subsequent registration |
