ABOUT THIS TRAINING
Energy insurance is a type of insurance designed to protect businesses that work
in the energy industry. This type of insurance covers a wide range of risks that
are unique to the energy industry, such as damage to oil rigs, power plants,
pipelines, or other energy infrastructure, as well as accidents, explosions,
fires, and environmental damage. Energy insurance can also provide coverage for
business interruption caused by unforeseen events that can disrupt energy
production or supply, such as natural disasters, equipment breakdown, and
cyber-attacks. It may also include coverage for liability and loss of income
resulting from lawsuits and legal claims.
Training Objectives
Upon completion of this course, participants will be able to:
* Understand the risk sharing between oil companies and contractors
* Know how this is dealt within the insurance products available
* Understand insurer's perception of risk
* Create awareness of how market insurance products meet industry needs
* Be familiar with insurer's pricing methodologies
* Better understanding of the broker interface
* Understand technical evaluation of the coverage wordings
* Putting technical knowledge into practice with claims workshop
Target Audience
The course is intended for individuals who work in the energy industry,
particularly those who are involved in managing risk or making decisions related
to insurance coverage. The following personnel will benefit from the knowledge
shared in this course:
* Insurers
* Brokers
* Adjusters
* Lawyers
* Risk Managers
* Treasury
* Contracts
* Legals
* Contract Adjustor
* Project Managers
Course Level
* Basic or Foundation
Trainer
Your expert course leader has worked in the insurance sector for 59 years. He
has worked as a broker for reputable firms, such as Marsh, where he served as
the managing director of Energy Construction. He has also participated in peer
review for different Lloyds Syndicates. He also served as a broker for Sedgwick,
AAA, and Miller in the offshore energy sector. He has helped businesses
including Shell, BP, Chevron, ConocoPhillips, Petrofina, Woodside, ENI, and
Brunei Shell for their policy reviews during his career.
POST TRAINING COACHING SUPPORT (OPTIONAL)
To further optimise your learning experience from our courses, we also offer
individualized 'One to One' coaching support for 2 hours post training. We can
help improve your competence in your chosen area of interest, based on your
learning needs and available hours. This is a great opportunity to improve your
capability and confidence in a particular area of expertise. It will be
delivered over a secure video conference call by one of our senior trainers.
They will work with you to create a tailor-made coaching program that will help
you achieve your goals faster.
Request for further information post training support and fees applicable
Accreditions And Affliations