In House - Webinar
Intermediate Level Construction Insurance (Full Day)
Course Introduction
This live on-line interactive insurance webinar is designed for delegates, who have some experience of Construction Insurance and wish to expand and/or refresh their knowledge in this area.
The course will be highly interactive with delegate participation and engagement throughout. This all day course consists of two 90 minute and two 75 minute on-line sessions.
The course is delivered by a Certified On-Line Learning Facilitator (COLF) who is a Chartered Insurance Broker with over 40 years insurance experience.
Course Objectives
By successfully completing this webinar, delegates should be able to:
- Describe the risks involved in contract works insurance
- Explain the difference between contractual obligations and insurance requirements
- Describe how standard contracts such as the JCT clauses can affect the clients insurance arrangements.
- Describe the major elements of contractors insurance policies and the optional extras usually available
- Explain non-negligence liability cover
- Explain the underwriting process and the information insurers require to assess and price risks
Course Content
- Risks/Property Insured.
- Ways cover can be arranged, Parties and terminology
- JCT Standard Form of Contract
- Contractual Obligation and Insurance Clauses
- Requirements for Contract Works, Liability, Plant
- Clause 6.5.1 Non-Negligence Cover
- what it is, why is extra cover required, insurance solutions
- JCT and Covid 19
- Maintenance Covers
- Defects Exclusions
- Current Issues including legislation and regulation of the construction industry
- Placing and Rating Risks:
- Key insurer information needs
- Contract works pricing