Title |
MII Technical Course in Engineering Insurance |
Date |
16 – 17 July, 2012 |
Duration |
2 Days |
Level |
Intermediate |
Time |
9.00 am to 5.00 pm |
Venue |
The Malaysian Insurance Institute
MII City Centre
S17-S28, 2nd Floor,
Maju Junction Mall
1001 Jalan Sultan Ismail
50250 Kuala Lumpur |
Trainer |
TBA |
Who Should Attend |
- Insurance Industry Personnel who have basic knowledge in Insurance or basic knowledge in Engineering Insurance
- Non– insurance personnel whose work require an understanding or practical knowledge of the subject
- Anyone who require knowledge on insurance
|
Key Learning Outcomes |
At the end of the course, participants will be able to :
- discuss and evaluate the various physical hazards presented by the different engineering risks
- discuss the implications and meaning of the common endorsements and warranties in relation to the standard policy coverages
- identify salient features of inspection reports
|
Course Content |
Session 1
- Overview of the market for Engineering Insurance
Session 2
- Policy coverage under Engineering Insurance
- Boiler & Pressure Vessel
- Machinery Breakdown
- Machinery Breakdown Loss of Profit
- Electronic Equipment
- Deterioration of Stock
Session 3
- Assessment of risks and rating factors
Session 4
- Reinsurance, retention and estimated maximum loss underwriting
Session 5
- Policy, Questionnaire, Proposal Form, Extensions and Application of Warranties and Endorsements
Session 6
- Engineering risk inspection/survey and risk improvement recommendations
Session 7
- Claims handling and the provision of other ancillary related services. Loss Events in Engineering Insurance
Session 8
- Overall Portfolio analysis and audit requirement impact on engineering results
Session 9
|
