Construction Training (1) Introduction

Introduction to Construction Insurance

Overview

This workshop provides an introduction to the subjects of Contract Works, Contractors All Risks and Contractors Liability Insurance.

Who should attend?

It is suitable for those with a good background in commercial insurance but who are still new to construction insurance.

Overview

Risks specific to contractors

• Contract Works
• Plant – own and hired in
• Existing Property
• Liability risks
• Design and Build risks
• Delay in completion

An Introduction to Contract Conditions

• JCT standard form of contract including design and build version
• Risk and responsibilities
• Insurance clauses – Joint Names implications
• Collateral Warranties

Policy Cover – an analysis of

• Contractors All Risks
• Employers Liability
• Public and Product Liability
• Non-negligence covers – 21.2.1 and 6.5.1
• Design and Build Professional indemnity

Learning outcomes

On completion of the course the delegates will:

• understand why the cover is needed and how it is provided
• have an understanding of the content of the risk and insurance clauses in the JCT standard and design and build contract and the implications for both contractors, insurers and property owners.
• be familiar with the cover, exclusions and restrictions usually found in a Contract Works policy
• be aware of the factors insurers consider in the assessment and pricing of risk

Peter Fice MBA, ACII, Chartered Insurer, Affiliate CIPD

Whilst at RSA, QBE and Aviva, Peter led numerous training and development programmes for staff and brokers. These include technical and soft skills courses, encompassing Underwriting, Sales Management, Personal Performance, and Leadership.

Peter presents the following CII Training Courses;

• All Foundation Courses for General Insurance

• The majority of General Insurance, underwriting and risk management courses (not Advanced BI, Finance for Insurance Professionals or Statistics)

• International Insurance Management

• Parts of the International Insurance and Reinsurance course

Peter has led and tutored many business skills courses including

• Managing High Performance

• Presentation Skills

• Leading Effective Teams

• Coaching and Developing People

• Negotiation Skills

• Managing Difficult Customers

He has worked as an Insurance Underwriting Director, and Market Management Director with UK Regional, London Market and International experience.

Peter currently delivers full day Construction courses for a large UK Insurer.