Course description
Identifying construction insurance needs to satisfy contractual obligations (and corporate values) is complex, but essential. Some projects’ needs cut across the organisation, others are specific to a project, or a portfolio, others are true one-offs.
Many insurance problems are only understood when things have gone wrong, which is precisely the time you want the comfort of knowing you’re covered. In addition, major changes in commercial insurance legislation have shaken up the procurement of insurance and management of insurance claims.
Join the highly experienced and popular presenter Sarah Schütte for this live and interactive broadcast session which will address the key points to consider, including the purpose of insurance, the legislative framework, duty of disclosure, claims management and resolution, and more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Organisations operating in the construction and engineering industry have particular insurance needs for their projects. Some projects’ needs cut across the organisation, others are specific to a project, or a portfolio, others are true one-offs.
Identifying these insurance needs to satisfy an organisation’s contractual obligations (and corporate values) is complex, but essential. Many insurance problems (e.g. lack of cover) are only understood when things have gone wrong, which is precisely the time you want the comfort of knowing you’re covered.
In addition, major changes in commercial insurance legislation have shaken up the procurement of insurance and management of insurance claims.
This live broadcast session will address the key points to consider.
What You Will Learn
This live and interactive session will cover the following:
- What is insurance for the construction industry and what is its purpose?
- Refresher of legislative framework (Marine Insurance Act 1906 and Insurance Act 2015)
- Construction projects and risk: identifying insurance needs and complying with the duty of disclosure
- Analysing the contractual framework:
- Identifying needs within construction project contracts/structures
- Assessing risk gaps
- Covering off risk: insurance products available/recommended
- Claims management and resolution
- Common issues between insured and insurer
- Practical tips to maintain/support the project
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...