This course is designed for all:

• Insurance Professionals and Brokers

• Risk Managers and Analysts

• Project Managers in Energy and Construction Sectors

• Legal and Compliance Officers

• Financial Advisors and Consultants

• Professionals seeking specialized knowledge in energy and construction insurance

Course Outline:

Day 1: Introduction to Energy and Construction Insurance

• Overview of Industry Risks

  • Unique risks in energy and construction sectors

  • Impact of risk exposure on projects

• Insurance Fundamentals

• Risk transfer mechanisms

• Core principles of insurance

• Key players in energy and construction insurance

• Global and regional market trends

• Market Landscape

Day 2: Insurance Products and Policy Structures

• Energy Insurance Products

  • Upstream, midstream, and downstream energy insurance

  • Renewable energy insurance solutions

• Construction Insurance Products

• Builders' risk insurance

• Contractors' all-risk policies

• Coverage terms, conditions, and exclusions

• Endorsements and extensions

• Policy Components and Clauses

Day 3: Risk Assessment and Mitigation

• Risk Identification Techniques

  • Site inspections and risk surveys

  • Hazard identification in energy and construction projects

• Risk Evaluation and Control

• Quantitative and qualitative risk assessments

• Mitigation strategies for high-risk operations

• Best practices for reducing potential losses

• Loss Prevention Strategies

Day 4: Claims Management and Legal Considerations

• Claims Process Overview

  • Notification and documentation requirements

  • Investigation and settlement procedures

• Common Claims in Energy and Construction

• Property damage, liability, and business interruption claims

• Contractual obligations and dispute resolution

• Regulatory compliance requirements

• Legal and Regulatory Considerations

Day 5: Emerging Trends and Best Practices

• Technological Advancements

  • Impact of digital technologies on insurance processes

  • InsurTech solutions for energy and construction sectors

• Sustainability and Environmental Risks

• Managing climate-related risks

• Insurance solutions for sustainable projects

A variety of methodologies will be used during the course that including:

• (30%) Based on Case Studies

• (30%) Techniques 

• (30%) Role Play

• (10%) Concepts

• Pre-test and Post-test

• Variety of Learning Methods

• Lectures

• Case Studies and Self Questionnaires

• Group Work

• Discussion

• Presentation

International Center for Training & Development (ICTD) will award an internationally recognized certificate(s) for each delegate on completion of training.

To be advised as per course location. This rate includes participant’s manual, Hand-Outs, buffet lunch, coffee/tea on arrival, morning & afternoon of each day.

Daily Course Timings:

    08:00 - 08:20       Morning Coffee / Tea

    08:20 - 10:00       First Session

    10:00 - 10:20       Coffee / Tea / Snacks

    10:20 - 12:20       Second Session

    12:20 - 13:30       Lunch Break & Prayer Break

    13:30 - 15:00       Last Session