Technical Insurance Knowledge and Skills

Contractors Liability Insurance - Intermediate (BROKER ACADEMY)

Workshop Objectives

Delegates who successfully complete this workshop will be able to:

• demonstrate an understanding of the subject matter of Contractors Insurance and the various ways Insurers provide the cover

• demonstrate an understanding of the content of the insurance clauses within the JCT contract relating to Liability risks and an understanding of the difference between contractual obligations and insurance requirements

• show an awareness of why non-negligence liability (Clause 21.2.1) cover may be required and how Insurers meet this need

• describe the standard structure, and content of Contractors Liability Insurance policies including standard extensions and exclusions

• describe the underwriting process and the information insurers require to assess and price risks

Workshop Content

• Consideration of the Legal Environment for Contractors

• Common Law/Tort
• Statutory, including Update on Key Legislation
• Contract

• Insurance Content (Works and Liability) of Commonly Encountered Contract Forms

• JCT Standard Form
• JCT Intermediate Form of Contract
• The various JCT Sub – Contract Forms
• ICE
• I Mech E

• Clause 21.2.1 Non Negligence Cover

• What it Requires
• Why Needed?
• Insurance Solutions

• Usual Liability Policy Wordings for Contractors

• Employers’ Liability and Public Liability
• Basic Cover, Exclusions and Common Extensions

• Brief Look at Some Related Covers

• Financial Loss
• Professional Indemnity
• Directors & Officers
• Environmental Impairment Liability

• Placing and Rating Risks

• Key Insurer Information Requirements
• Good Risk and Bad Risks
• What Sells Cases to Underwriters
• Liability Pricing Methods

• Claims Trends

• Accident Recording and Reporting - RIDDOR
• Key Developments over Recent Years
• Current Issues where Future Change is Likely

Duration: 1 day(s).  Level: Intermediate

Available Dates and Trainer
Course Start Date Duration Location Trainer  
15/12/2010 1 day(s) London Dave Hancock Book place(s)
10/06/2011 1 day(s) London David Barrett Book place(s)
28/09/2011 1 day(s) Birmingham Dave Hancock Book place(s)