The Construction industry is a complex area for insurance to cover because of a number of reasons: The sheer cost of some building projects, the amount of equipment & materials required to complete the project, as well making sure all parties to the process are adequately covered. It is important that risks are assessed properly and all of the potential losses are considered.This course will look at construction insurance and the 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.
• Have an understanding of the construction risks market & how best to secure an effective insurance solution for your client.• Demonstrate a good understanding of How best to approach a construction risk & the factors which need to be considered• Feel more confident in offering effective solutions to clients within the construction industry