About The Course
Construction sites are exposed to various
perils and exposures. Theft and physical loss
of material, plant and machinery is a common
occurrence faced at project locations.
There are various risk aspects involved in
a project and some of these issues can be
identified and managed. Insurance is a risk
transfer mechanism. Risk management can be
used as a mode to reduce certain exposure(s)
on site.
The session will address some of the concerns
of the underwriter when dealing with theft
loss. Application of deductible and other
restrictive clauses will be addressed.
The application of the CAR policy in relation to
theft losses will be deliberated and expanded.
The Course Leader will share some of the
more his own project risk insurance cases to
enable better understanding of this technical
subject.
Key Learning Outcome:
At the end of the course, participants will be able to:
- Learn how insurance coverage for project
sites are arranged and underwritten
-
Know the concerns of underwriter when
considering theft exposure
-
Consider risk management steps to manage
theft issues
-
Appreciate how the risk transfer process
takes place
-
Highlight the key points of the CAR policy in
relation to theft losses
Course Content:
-
Explore the coverage provided by
insurance cover
-
Discuss and identify “trade risks”
-
Look into the various theft issues at site
-
Understanding police investigation and
retention material as court evidence
-
Share a few case studies relating to
insurance coverage
-
Security features – hoarding, security
guards, CCTV and alarm system
-
Recovery against others – in the case of
theft losses
-
Guest speaker from construction industry
who will share their perspective to this
subject
Speaker Profile
IR. POOBA MAHALINGAM
Pooba is a Regional Risk Consultant based in Singapore with 30 years of
practical experience in risk/ insurance. Pooba is a professional engineer
and operates under “Talent Asia Training & Consulting” of Singapore. He
is specialized in the insurance space with special focus on engineering/
property insurance and risk management aspects. Pooba is a regular lecturer with the Singapore College of Insurance (SCI) and the Malaysian Insurance Institute (MII). He
is also the Author of a MII publication entitled, “Engineering Insurance.” Besides training, Pooba also
undertakes property risk surveys and provides consultancy services to various clients in Singapore
and in the following regions: Asia, Middle East & Africa.
Date and Time
Date: 24 - 25 March 2022
Time: 2.00 p.m. - 5.30 p.m.
Registration Closing Date: 17 March 2022
Price
Early Bird (Register before 10 March 2022)
MII Member:
RM 680 (single), RM 630 (Group)
Non Member:
RM 850 (Single), RM 800(Group)
International:
USD225 (Single), USD200 (Group)
Normal Fee
MII Member:
RM 750 (single), RM 700 (Group)
Non Member:
RM 900 (Single), RM 850(Group)
International:
USD250 (Single), USD225 (Group)
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