The Construction industry is a complex area for insurance to for a number of reasons: The sheer cost of some building projects, the amount of equipment & materials required to complete the project, as well as making sure all parties to the process are adequately covered. This course aims to look in-depth at construction insurance and the many aspects of risk that an underwriter or broker may see.We will consider the exposures that the construction industry may face together with the legal issues that may accompany them. We will consider what needs to be covered and how this cover may differ from other commercial insurance.
-To have a deeper understanding of the construction risks market -To better understand how to secure an effective insurance solution for your client-Understand better how to approach a construction risk and the extent of cover available.-Identify risk factors that a contractor may be exposed to