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Construction Insurance – Introduction

Summary

This one-day construction insurance training workshop provides an introduction to Contract Works, Contractors All Risks and Contractors Liability Insurance. It is suitable for those who are relatively new to the subject.

Whilst no previous Contract Works experience is required to attend this construction insurance training workshop, a secure grounding in the basics of Commercial Property and Liability insurance is strongly recommended.

Course Content

  • Subject Matter
    • Need for separate insurance
    • Risks/Property insured
    • Ways cover can be arranged
    • Parties and terminology
  • Contract Conditions
    • Parties involved
    • JCT Standard Form of Contract
    • Contractual obligation
    • Insurance requirements
    • Contract works, liability, plant
  • Policy Cover – Contract Works
    • Usual Cover
    • Exclusions and extensions
    • Common alternatives
  • Liability Policy Cover
    • Usual Cover
    • Exclusions and extensions
  • Construction Design and Management Regulations 2015
  • Placing and rating risks
    • Key Insurer information requirements
    • Underwriting features
    • Risk management
    • Contract works pricing

Learning Objectives

  • Show an awareness of Contract Works Insurance and the various ways Insurers provide the cover
  • Understand the content of the insurance clauses within the JCT contract and an understanding of the difference between contractual obligations and insurance requirements
  • Explain the standard structure, and content of Contract Works and Contractors Liability Insurance policies and the optional extras usually available
  • Demonstrate an awareness of the underwriting process and the information insurers require to assess and price risks

Ready to book?

Simply complete the booking form with your details and a member of our team will be in touch with the next available dates. 

Any questions?  

If you’re not quite sure if this course is suitable or are looking for further information, call our team on 0117 244 7221.