The benefits and challenges in single project insurance
Gain insight into the potential benefits and challenges of project insurance covering small and medium sized projects. Leading experts share key considerations in this Community of Practice webinar.
Online registration has now closed for this event. If you would like to register to attend, please complete and return the booking form to James Nguyen.
Notice for new bookings from EU/EEA customers only.
CIRIA is currently unable to directly process your transaction if you are purchasing from the EU/EEA region. If you wish to book onto this event please email your request to [email protected] and we will respond in the first instance.
Background
CIRIA’s Managing Construction Risk Community of Practice (CoP) brings together practitioners from the construction and insurance sectors with the objective of improving the management of risk and financial performance.
Through a series of network events and integrated resources the CoP will help deliver more focused collaboration and enhance knowledge transfer in risk management. The events examined within the CoP network include professional indemnity insurance (PII), design, contract works and project insurance.
The benefits and challenges of single project insurance cover for small and medium sized projects
As a cover product, project insurance is commonly used on major infrastructure projects. This Government supported product is often viewed by suppliers as leading to extra costs for little benefit compared to the annual insurance product.
This webinar dives into both the benefits and challenges in taking on single project insurance that covers small and medium sized projects whilst endeavouring to answer the following questions:
• What is project insurance?
• How does single project insurance offer value for money?
• What is not covered by project insurance?
• How does single project insurance for small to medium sized projects compare to
annual multi-party insurance?
• What are the potential legal pitfalls (overlapping with other insurance products)?
Why attend
• Gain insight into project insurance and how it compares to annual multi-party
insurance
• Discover the benefits, challenges, and considerations of project insurance
• Understand how single project insurance offers value for money
• Learn how to avoid the legal pitfalls and litigation
Who should attend
• Insurance sector practitioners: risk engineers, underwriters and brokers
• Construction sector practitioners: insurance buyers, quality assurance managers,
project managers, financial and legal experts, asset owners and
operators, T1/T2 contractors, designers and suppliers
• Procurement specialists
• Regulators
• Research community
• Trade associations
When
Wednesday 22 September 2021
10:30 - 12:30
Programme
10:30 Welcome and introduction
Dirk Vennix, Chief Executive, CIRIA
10:40 Introduction to project insurance
Veronica Flint Williams, Contract and Risk Manager, Environment Agency
11:00 Stakeholder perspectives
Client perspectives: Cleo Curl, Insurance Manager, Landsec
Legal perspective: Rob Goodship, Senior Associate, Fenchurch Law
11:20 Project insurance options in the market
Craig Charles, Senior Vice President Construction Infrastructure,
Client Executive, Marsh
11:50 Interactive discussion and Q&A with a panel of experts and presenters
Simon Wheeler, Principal Geotechnical Consultant, Fugro
12:25 Closing remarks
Fees
Community of Practice: Founding members*
(Environment Agency, Fenchurch Law, Fugro, Jacobs, Laing O'Rourke,
Landsec and Marsh)
|
Free to attend
|
CIRIA members**
|
£30 + VAT
|
Non-members**
|
£35 + VAT
|
* Please complete and return the booking form to James Nguyen to register.
** Please register online.
Booking
Please sign in or create an account to register online for this event.
If you are experiencing issues registering online, please complete and return the
booking form to James Nguyen.
Alternatively please contact us on 020 7549 3300 or email [email protected]
Joining instructions will be sent 10 days before the event. The link to attend the webinar is
strictly personal and should not be shared.
Terms and Conditions
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Further information
For further information on CIRIA membership and other services, please contact:
Email: [email protected]
Web: www.ciria.org