The ins and outs of Contractors’ All Risks Insurance

Starting: 6th December 2023 17:00-19:00 Online

An Introduction and in depth look at the principles of a Contractors’ All Risks Insurance Policy and the existing exposures it carries to all parties involved including the owner, the contractor, sub-contractors, Authority, Bank and/or any surrounding third parties and passers by.

Description

A Contractors’ All Risks Policy covers a project for many aspects which the owner may become legally liable to pay arising from a claim made against him and/or the contractor and/or subcontractors by a third party, arising following a material damage and/or bodily injury accident.

This cover, also known as an Engineering Risk, is offered to cover a number of aspects such as:-
• Damages during erection including tower cranes
• Third party property damages
• Third party bodily injury
• Workmen on site
• Materials in trade
• Wet Perils
• The regulating Authority’ interest
• Many others

 

Course Topics

The course will aim to go into the scope of cover, limit of cover, professional aspect, conditions and limitations.

 

Learning Objectives

  • Greater knowledge on a topic which has and will continue to be very central to how the island is moving from a construction aspect.
  • Striving towards an ACII and/or Obtaining their TII Licence

 

Target Audience

  • Students and insurance related employees
  • TII’s

 

 

Assessment Questions and Answers

In line with MFSA requirements, a short multiple-choice assessment will be provided by the trainer towards the end of the session. A Certificate of Attendance will be awarded to all students who attend the CPD (duration will be included on certificate). A Certificate of Achievement will be awarded to those who sit for the assessment and are successful (pass mark 60%)

Total Learning Hours

Full course: 2 hours

Hours include contact hours, supervised practice hours, self-study hours and assesment hours.

Trainers

Mark Anthony Debono, ACII, IDCS (I.T.), Dip. Mgmt – Chartered Insurance Broker

Mark is an ex-MITC student, obtaining his ACII including International Diploma in Information Technology (I.T.) and a Post Graduate Diploma in Management from the University of Malta.

He began his career in the insurance industry in 1997 with Formosa and Camilleri Ltd (now Atlas Insurance PCC), where he handled motor claims for two years before moving to the motor underwriting department with Gasan Insurance (now GasanMamo Insurance), where he was promoted to Personal lines Underwriter until 2005.

Mark began his career as a broker, working for Island Insurance and Firstunited Insurance Brokers (now merged as Antes Insurance Brokers) until 2009, before he joined Allcare Insurance Brokers Ltd as an Assistant Manager.

He joined MIB Insurance Brokers in 2014 as a Divisional Director of the corporate clients division where he worked for 8 years until moving forward to his present position as Commercial Manager at National Insurance Brokers Ltd.

Register Now

Please fill in the form below to register for this course.
We will contact you with the next steps in your registration process.

Why Choose Us

MITC is made up of a close-knit team with a real passion for learning and insurance, who believe in the continuous development and empowerment of individuals through learning. We understand all of the nuances and challenges that come with insurance training and, that is why we’re here to help you get your training right.

Our courses are developed following in-depth research and consultation on the subject matter and the related market, thus ensuring participant needs are met. All our trainers are experts in their field and actively contribute towards the continuous development of the courses which they deliver.

Our training services are accredited by the Malta Further and Higher Education Authority (MFHEA) and the European Qualifications Framework platforms. MITC’s homegrown insurance programmes are recognised by the renowned Chartered Insurance Institute, UK.

Let's stay in touch

Stay updated with MITC news updates and courses. We promise not to spam your email or share your email with third parties.