How to Minimize Third Party Losses in Construction All Risks Policy Exposures

Construction risk and insurance aspects continue to be of interest to the insurance industry. New and challenging engineering projects are being developed while stakeholders need to be prepared to arrange and underwrite such technical risks.

The focus of this session will be the Contractors All Risks (CAR) policy exposure related to third party losses. This would cover property damage (eg. Neighboring properties, underground utilities and bodily injury aspects). Application of a few key clauses and endorsements will also be addressed during this inter-active knowledge sharing session.

Recommended for

Executives and Managers from insurance/reinsurance companies and broking firms.

Also suitable for:

  • Underwriters
  • Business Development and Marketing Executives from insurance/reinsurance companies
  • Loss Adjusters
  • Client and Account Executives and Managers of insurance/reinsurance broking firms
  • Managers /Executives of insurance buyers and consumers

About the trainer:

IR. POOBA MAHALINGAM,
Regional Risk Consultant - Singapore

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.

22 & 23 Jan 2024
9.00 a.m. - 5.00 p.m.

Method: In-Person Training
CPD Hours: 14
Registration Closing Date:
18 January 2024
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Course Outline
Day 1: 
Introduction
CAR policy structure
Selected TPL exposures – Section II coverage
Clauses & endorsements – VRWS, Underground cables and pipes, taking precautions
Typical case studies and application of clauses
Q & A.
Site visit on day two


Day 2: Site Visit to project site (Office/Hotel construction along Jalan Sultan Ismail, Kuala Lumpur)

Contact Info

The Malaysian Insurance Institute 197701004772 (35445-H),
Level 6, Bangunan AICB,
No. 10 Jalan Dato’ Onn,
50480 Kuala Lumpur, Malaysia 

Tel : +603 2712 8882

Email : customercare@mii.org.my

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