Engineering Insurance Mastery: A Premier Study Tour in Singapore

This specially designed workshop for the African market delegates will cover various engineering and construction policies. Our Singapore-based facilitator, an experienced engineer and consultant with over 30 years in the risk and insurance industry, will share extensive knowledge during the 4-day interactive course.

Participants will gain insights into industry practices and market considerations for these insurance products through relevant case studies. The course will address the arrangement and application of insurance covers, focusing on Construction All Risk (CAR), Erection All Risk (EAR), Professional Indemnity (PI), Bond Covers, and Decennial Insurance (DI).

Exciting segments will include Advance Payment Bond, Retention Bond, Maintenance Bond, and Inherent Defect Insurance (IDI) or Defects Liability Insurance (DLI) providing ten years of coverage. Guest speakers from the Singapore market will provide unique insights and industry updates.

The final day features site visits to the MRT project site and other key insurance stakeholders, enhancing the interactive learning experience while learning of best practices from Singapore being an international insurance hub.  

Executives, Senior Executives, Assistant Managers, and Managers from Insurance Companies, Cedant Clients, Reinsurance Brokers, and Reinsurance Companies.

Exclusively Designed For Delegates From Africa.

At the end of the programme, the participants should be able to:

• Understand the coverage provided under various engineering policies.
• Consider relevant clauses and endorsements that may be applied to these covers.
• Formulate underwriting considerations for different types of coverage.
• Appreciate how claims are triggered and processed.
• Highlight risk improvement methods to mitigate losses in various scenarios.
• Understand how Singapore developed over the last five decades to become an international insurance hub.

• The coverage provided under Construction All Risk (CAR) / Erection All Risk (EAR) Insurance, Professional Indemnity (PI), Bond Covers and Decennial Insurance (DI).
• The relevant clauses and endorsements that may be applied to these covers.
• Underwriting considerations for different types of coverage.
• Claims case studies, the basis of claims triggers and the processing of claims.
• Risk improvement methods to mitigate losses in various scenarios.
• Best practices from Singapore as an international insurance hub.
• Site visit to MRT Project Site and/or other insurance stakeholders in Singapore.

USD775 per participant, excluding costs of airfare and accommodation.

5% discount for groups of more than 4 from the same company.

Sponsorship opportunities are available for this study tour, offering a unique chance to enhance brand visibility and connect with industry leaders!

Contact us at: TT@scidomain.org.sg

Participants are recommended to stay at Hotel Boss in Singapore for the duration of the course. Participants are to liaise directly with the hotel to secure their accommodation. Participants may visit their website at www.hotelboss.sg or contact their reservations team at +65 6809 0000 to secure the best rates.