Key Learning Outcome:
At the end of the course, participants will be able to:

  • Understand the market and recent development in Engineering Insurance (Machinery Breakdown & MB Loss of Profits Insurance).
  • Discuss and evaluate the various physical hazards presented by the Machinery Breakdown & MB Loss of Profits.
  • Have a deeper understanding of the requirements and technicalities behind common underwriting criteria, extensions and considerations.
  • Identify salient features of inspection reports.

Course Content:
  • Session 1 Overview of the market for Engineering (Machinery Breakdown & MB Loss of Profits Insurance)
  • Session 2 Boiler and Pressure vessel
  • Session 3 Machinery Breakdown
  • Session 4 MB Loss of Profit
  • Session 5 Electronic Equipment Insurance
  • Session 6 Deterioration of Stocks
  • Session 7 Storage Tank
  • Session 8 Civil Engineering Completed Risk
  • Session 9 Engineering risk survey
  • Session 10 Proposal form and questionnaire – Boiler & Pressure Vessel, Machinery Breakdown, MB Loss of Profit, EEI
  • Session 11 Case studies

Speaker Profile
PETER YONG WENG SING
Chartered Insurer, ACII, AMII

Peter Yong has more than 30 years of working experience in the Insurance industry in all major aspects of underwriting, claims, reinsurance, risk surveys, technical audit and business development. He specializes in property and engineering insurance. Although most of his working life was spent in general insurance companies, Peter also has a 3-year experience serving the professional reinsurance company as the Head of Facultative Reinsurance.

He was an active working member under several Expert Committee Groups for Miscellaneous Accident, Engineering Task Force, Fire Sub-Committee and MNRB Special Ratings in PIAM (General Insurance Association of Malaysia). Currently, Peter Yong is the Head of Technical Support in a leading foreign insurance company.

Date and Time
Date: 29 - 30 March 2022
Time: 9.00 a.m. - 4.00 p.m.
Registration Closing Date: 16 March 2022

Price
Early Bird (Register before 15 March 2022)
MII Member: RM 880 (single), RM 830 (Group)
Non Member: RM 1,050 (Single), RM 1000(Group)
International: USD250 (Single), USD230 (Group)

Normal Fee
MII Member: RM 950 (single), RM 900 (Group)
Non Member: RM 1,100 (Single), RM 1,050 (Group)
International: USD280 (Single), USD260 (Group)


    Download Brochure         Register Now    

For more information about MII’s virtual programmes, visit our #VirtualLearning microsite
or call us at +603 2712 8882 or email events@mii.org.my / sales@mii.org.my.

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