Risk Management & C.A.R Policy Issues Relating to Construction Site Theft Losses

Short Course

9.00 AM – 5.00 PM | 23 – 24 September 2024

Registration Deadline: 21 September 2024

Overview

Construction sites are exposed to various perils exposures. Theft and physical loss of materials, plant and machinery is a common occurance faced at project locations. There are various risk aspects involved in a project and some of these issues can be identified and managed. Insurance is a risk transfer mechanisim. Risk management can be used as a mode to reduce certain exposure(s) on site.

The session will address some of the concerns of the underwriter when dealing with theft loss. Application of deductible and other restrictive clauses will be addressed.

The application of the C.A.R policy in relation to theft losses will be deliberated and expended. The Course Leader will share some of the more his own project risk insurance cases to enable better understanding of this technical subject.

Recommended For

  • Insurance company, Brokers, Reinsurance staff – Marketing, Underwriting & Claims.
  • Buyers of Insurance products.
  • Government agencies/ local authorities.

Learning Outcome

At the end of the programme, participants should be able to:

  • Learn how insurance coverage for project sites are arranged and underwritten.
  • Know the concerns of underwriter when considering theft exposure.
  • Consider risk management steps to manage theft issues.
  • Appreciate how the risk transfer process takes place.
  • Highlight the key points of the C.A.R policy in relation to theft losses.

Risk Management & C.A.R Policy Issues Relating to Construction Site Theft Losses

Programme Structure
Dates
Fees
Meet The Expert
Additional Information

For Inquiries

Sales

+603 2712 8882

Programme Structure

Day 1: 

Explore the coverage provided by the insurance cover
Discuss and identify “trade risks’
Look into the various theft issues at site
Share a few cases studies relating to insurance coverage
Security features – hoarding, security guards, CCTV and alarm system

Day 2:

Site Visit to Project Site

 

Day 2: Site Visit to project site

Dates

9.00 AM – 5.00 PM | 23 – 24 September 2024

Registration Deadline: 21 September 2024

Fees

Early Bird

– Registration before 5 September 2024

 

MII Member (Single):
RM 1,650/USD380

Non-Member (Single):
RM 1,750/USD402

Normal Fee: Single

MII Member: 
Single: RM 1,750/USD402

Non Member:
RM 1,850/USD425

Normal Fee: Group of 3 pax

MII Member: 
RM 1,600/USD368

Non Member :
RM 1,700/USD390

Meet The Expert

IR. POOBA MAHALINGAM,
Regional Risk Consultant – Singapore
Pooba is a Regional Risk Consultant based in Singapore with 30 years of practical experience in risk/ insurance. Pooba is a professional engineer and operates under “Talent Asia Training & Consulting” of Singapore. He is specialized in the insurance space with special focus on engineering/ property insurance and risk management aspects. Pooba is a regular lecturer with the Singapore College of Insurance (SCI) and the Malaysian Insurance Institute (MII). He is also the Author of a MII publication entitled, “Engineering Insurance.” Besides training, Pooba also undertakes property risk surveys and provides consultancy services to various clients in Singapore and in the following regions: Asia, Middle East & Africa.

Additional Information

REGISTRATION POLICY

  • Registration can be done via online at www.mii4u.org/ilms/user/login
  • As the maximum intake is limited to 25 pax per course, registration will be based on first come first basis.
  • MII practices a ‘no-credit’ policy. As such, all companies and individuals are required to make payment before the commencement of the course.
  • MII reserves the right to reschedule, change the trainer, modify the course content or cancel the course due to unforeseen circumstances without prior notice.
  • Contact person or participants will be notified through the email or phone on the status of the programme
  • Any Cancellation after the closing date is not allowed.

Important Notice
In regard to Personal Data Protection Act 2010 (“the Act”), pleased note that your personal data is used, stored, disclosed and processed by MII solely for the Purpose of registering training courses and/or in connection to other MII products or services. Your personal information may also be disclosed or transferred to relevant third party i.e to the industry related associations, industry related companies, government agencies and any of their respective agents. Any inquiries or complaints with respect to your personal information may also be channeled to MII by submitting such request to MII via post, email (customercare@mii.org.my).