[Education - CPD] Construction & Engineering Risks

Constructions and Engineering

Course summary

A whistle-stop tour of the construction and engineering insurance market. Rather than a deep dive into a single policy, this session maps the full product mix, explains what each cover does and who normally buys it, and shows how the pieces fit together around a contractor's or a manufacturer's programme.

Delegates will see how contract conditions, particularly the JCT insurance options, drive the insurance required; how contract works, plant, liability and design covers divide up the risk on site; and how engineering inspection and engineering insurance protect the plant that keeps a business running. The session closes with the long-tail and project covers that sit around the core programme, a practical scenario and a fact-find checklist that helps close the most common gaps.

Learning objectives

By the end of the session, delegates will be able to:

1. Map the main construction and engineering covers and describe what each one does
2. Explain how contract conditions, especially JCT Options A, B and C and clause 6.5.1, drive the insurance required
3. Distinguish contract works, plant, liability and design covers for contractors, including the DE and LEG defects wordings
4. Describe engineering inspection duties and engineering insurance, and how breakdown links to business interruption
5. Identify the common gaps in construction and engineering programmes and ask the right fact-find questions