This is an interactive training course where the delegates will be taught about the technical aspects of the construction insurance coverage and how claims are handled. Examples of site incidents that will be explored include landslide, collapse, fire, water damage, theft, explosion and flooding.
This course relates mainly to construction projects and can also be applied to infrastructure, building and other development risks. The focus will be given to the main insurance documents i.e. the Contractors’ All Risks (C.A.R) and Erection All Risks (E.A.R) policy jackets. Besides the jackets, the policy schedule and proposal form will also be “dissected” in class to enable a better understanding of this insurance product.
Active learning techniques will be utilized to share these interesting subject issues over three days. Group activities, role play, quizzes and discussion sessions will be held to help attendees grasp the appropriate risk and insurance points better. Case studies will also be brought in to ensure that the learning is effective and equally enjoyable.
Course Module
- C.A.R and E.A.R Policy wording
- Focus on Specific Clauses and Endorsements of the C.A.R Policy
- The Different Risk Appetites and Concerns of the Underwriter
- How are Claims Looked at, Handled and Managed by Insurance Companies
- Best Practice to Obtain a More Effective Coverage from the C.A.R Policy and E.A.R Policy
Who Should Attend
Underwriting Officers, Claims Officers, Insurance Sales & Marketing Executives, Client Service Officers, Brokers, Agents and others who perform related functions in the Insurance sector.
Training Delivery Techniques
For learning to be more impactful and effective, we adopt a seamless combination of Lectures, Group Discussions, Case Studies, Individual/Group Exercises, Videos and Role Play. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and this will aid attendees to apply the knowledge gained both at work and personally.