An Interactive 5-Day Training Course
A Practical Workshop on Dealing with Construction Insurance
The A to Z of Handling Claims and Issues
Course Overview
This training workshop, Dealing with Construction Insurance – The A to Z of Handling Claims and Issues is presented to enable delegates to understand the key features of this critical construction insurance product and coverage aspects. It is a contractual requirement that is often over looked by project personnel and management while preparing for site mobilization and commencement of physical work on the ground.
This workshop is led by an experienced and well known subject facilitator who uses inter-active learning methods to enhance the learning process. The delegates will be taught the technical aspects of the insurance coverage and also shown how claims are handled. Focus will be given on two main documents - the Contraction All Risks (CAR) and Erection All Risk (EAR) policies both of which are a requirement under various local and international construction contracts (FIDIC, for example).
This GLOMACS training will highlight the following key features:
- A Study of the Contraction All Risks (CAR) Policy Wording – understanding using the Munich Re of Germany standard wording format
- Considering Risk Appetite and Concerns of the Underwriter when looking at New Project Insurances
- Appreciate How Claims are Evaluated and Managed by Different Insurance Companies
- Special Attention on Specific Clauses, Endorsements and Warranties of the C.A.R. Policy
- Discussion on Best Practice to obtain a more Effective Coverage from the Policy
Training Outline
DAY 1: An Overview & Contractual Requirements of Construction Projects
- Projects in the MENA Region
- The Need for Insurance in Construction Projects
- Projects Contract Administration
- Conditions of Contracts (FIDIC and other contracts)
- The Insurance Industry and the Role of the Insurance Authority
- Principles of Insurance
DAY 2: Application of the Policy and its Coverage
- How the CAR policy is handled?
- Munich Re Standard Wording and Formats in Various Regions
- The Difference with the EAR Policy
- The Sections (I & II) and Relevant Coverage
- What is Section III Coverage?
- Discussion on Period of Cover, General Exclusions and Policy Conditions
DAY 3: Material Damage under Section 1
- Policy Operative Clause
- Sum Insured
- Exclusions
- Basis of Loss Settlement
- Design Coverage - DE 3 and Related Coverage
DAY 4: Third Party Liability (referred as Third Party Cover)
- Who are Third Parties?
- Limit of Liability
- Exceptions and Conditions
- Interesting Clauses and Endorsements
- Role of Loss Adjusters in Claims Handling
DAY 5: Handling Project Risks and Claims Management
- What are Underwriters Concerns?
- Risk Management and How it Works
- Claims Management and Progress Monitoring
- Declined Claims
- Computation of Adjustment
Certificates
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Accreditation
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
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