Section-I The engineering insurance business - Development of engineering insurance and relevant legislation - Historical background and development of engineering insurance internationally and in the Indian Market.Statutes & Regulations that affect conductance of business in India. - Classes of business covered, Special characteristics, Principles and practices of engineering insurance description of and hazards associated with plant and machinery commonly found in all types of industries. Description of processes in and hazards associated with, plant and machinery used in major industries.
Section-II - The project stages, The works contract & Other contracts contractor‘s all risks insurance - Erection all risks, Marine-Cum-Erection & Contract Works Insurance, Contractor‘s Plant & Machinery Insurance, Advance loss of profits/ Delay in start-up insurance, Tariff endorsements including supplementary covers for car/ear, Information required for framing construction phase insurance program for a project.
Section III - Operational phase insurances of machinery insurance, Boiler & pressure plant insurance machinery loss of profits insurance, Electronic equipment insurance, Other annual policies in the engineering department
Section IV - Other related topics reinsurance in India – Pre & Post Nationalisation & Liberalisation, Statutory cessions, Functions of reinsurance, Types & methods of reinsurance, Reinsurance program, reinsurance aspects of engineering insurance. Risk Management, Risk inspections & loss prevention
