Contractors Insurance - Advanced - Searchlight Insurance Training

Contractors Insurance – Advanced

This highly participative open–forum style workshop provides training for those who are already proficient in contractors insurance but who wish to add to this knowledge.

The workshop will fit well with a programme of technical development for senior staff. It will not be suitable for those who are new to this subject or who do not have a good grounding already.

Level: Advanced

Duration: 1 day(s) CII CPD Hours: 6
     

WORKSHOP OBJECTIVES

• demonstrate a thorough comparative understanding of the content of the insurance clauses within the main construction contracts and how they have changed over time

• demonstrate a thorough understanding of why non-negligence liability cover may be required and how insurers meet this need

• describe the standard structure, and content of Contract Works insurance policies and the optional extras which may be available

• describe how insurers assess and underwrite the more complex risks

WORKSHOP CONTENT

• Comparative Review of Insurance Implications across a Wide Range of Construction Contracts

  • Liability, Property, Non-negligence
  • JCT – Standard, intermediate, minor works
  • I Mech E, ICE
  • Differently Dated Contracts
  • Associated Sub-Contracts

• Contract Works Policy Cover

  • Alternative Policy Structures
  • Usual Cover, including Exclusions and Extensions
  • Commonly Found Alternatives
  • Maintenance Covers
  • Defects Exclusions

• Health & Safety legislation including the Construction Design and Management Regulations 2015

• How Complex Risks are Underwritten