Commercial Lines 3 – Engineering, Pecuniary Insurance

 

This interactive 4-hour workshop provides a comprehensive deep dive into the complexities of Engineering and Pecuniary Insurance, equipping participants with the critical knowledge needed to navigate these highly specialized commercial lines. Through a blend of practical case studies and regulatory insights, attendees will explore the core underwriting principles, risk assessment strategies, and claims complexities associated with construction risks (such as CAR/EAR policies), machinery breakdown, and business interruption.

 

Designed for insurance professionals seeking to elevate their technical expertise, this session will demystify intricate policy wordings and expose the financial vulnerabilities businesses face, ensuring you can confidently structure robust coverage that aligns with current market demands and compliance standards.

Learning Outcomes: · Understand the underwriting factors, principles and considerations in Engineering insurance. · Differentiate between replacement cover and indemnity insurance policies · Understand policy excesses, extensions and exclusions · Understand the underwriting factors, principles and considerations in Money, Fidelity Guarantee and Burglary Insurance · Differentiate different types of policy coverages · Understand policy excesses, extensions and exclusions

Mr. Dookeran, a member of the TTII’s Board of Governors is a senior insurance practitioner for more than 25 years. He is currently an Executive Director of a leading brokerage firm and has honed his skills in underwriting in all classes of General Insurance Business. Navin is the holder of a Masters of Business Administration (MBA) from the Heriot Watt University, Advanced Diploma in Insurance (ACII) from the Chartered Insurance Institute London and an Associate in Risk Management (ARM) from the American Insurance Institute. He also attended the prestigious Alois Alzheimer Scholarship at Munich Re in Germany where he learned further insurance, reinsurance and business principles over the 6-month period. Mr. Dookeran is a part-time lecturer with the TTII, and has lectured at the University of the West Indies for the Insurance and Risk Management Degree Programme.