A Plain English Introduction to Engineering insurance and inspection
>> Event Overview
This presentation provides a plain English overview of the Engineering insurance market, which is often shrouded in mystery and badly understood. It will cover both the inspection and insurance cover elements of Engineering insurance.
Because engineering as a product is so misunderstood, there are enormous amounts of equipment across the UK that have no explosion cover despite the client having an 'All Risks' wording! The same problem applies to inspection where clients are often breaking the law by not getting an item inspected but do not realise this. For brokers this is a missed income opportunity and a significant professional indemnity exposure.
>> Learning Objectives
By the end of the webinar, participants will be able to:
- Understand the history of engineering insurance.
- Understand where an ' All Risks ' cover finishes and an engineering cover starts.
- Understand the types of risk where engineering explosion cover should be offered.
- Understand where plant and equipment inspection is legally required at law.
- Understand which other plant should be inspected by an engineering insurer.
>> Speaker Biography
Alan Chandler is widely regarded as one of the most popular and respected insurance presenters in the world. He has taken thousands of people through to Acii qualification including many national prize winners, as well as delivering a vast array of technical presentations on Commercial and Personal lines insurances. Alan has raised the pass rates in Cii exams where he is involved from under 40% to 99% demonstrating why he is so well regarded.
Venue
- Online
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CII Accredited
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.