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An In-Depth Understanding of Machinery Breakdown (MB) & Machinery Breakdown Loss of Profits (MBLOP) Insurance

Public Short Course

HRD Training Prog No 10001273100
Date & Time 6 – 7 July 2026, 9.00 a.m. – 5.00 p.m.
Registration Deadline 25 June 2026 
Learning Format Virtual

Overview

This programme is designed to provide participants with a specialized  understanding of Engineering Insurance, focusing on Machinery  Breakdown (MB) and Machinery  Breakdown Loss of Profits (MBLOP). Participants will gain knowledge about  market dynamics, hazards, underwriting criteria, and the interpretation  of inspection reports, preparing them for roles in underwriting, risk assessment, and related areas within the engineering insurance sector.

Recommended For

This programme is ideal for:

  • Executives and supervisors handling engineering insurance
  • Those who have completed the Foundation in Machinery Breakdown (MB) & Machinery Breakdown Loss of Profits (MBLOP Insurance)
  • Non-insurance personnel whose work requires an understanding of engineering insurance principles

Learning Outcome

A. Understand the market and recent development in Engineering Insurance (Machinery Breakdown & MB Loss of Profits Insurance).

B. Discuss and evaluate the various physical hazards presented by the Machinery Breakdown & Machinery Breakdown Loss of Profits.

C. Have a deeper understanding of the requirements and technicalities behind common underwriting criteria, extensions and considerations.

D. Identify salient features of inspection reports.

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An In-Depth Understanding of Machinery Breakdown (MB) & Machinery Breakdown Loss of Profits (MBLOP) Insurance

For Inquiries

Sales

+603 2712 8882

Programme Structure

Day Content
1
  • Overview of the market for renewable Engineering Insurance Business
  • Boiler and Pressure Vessel Insurance
  • Underwriting MB and MBLOP
  • Machinery Breakdown Insurance
  • Machinery Breakdown Loss of Profits Insurance
  • Electronic Equipment Insurance
  • Deterioration of Stocks Insurance
  • Storage Tank Insurance
2
  • Civil Engineering Completed Risks
  • Engineering risk survey
  • Proposal and Questionnaire
  • Root cause analysis
  • Maintenance of Machine and Equipment
  • Best Maintenance Practices
  • Case Studies

Dates

06/07/2026

2 Days (Virtual)

Fees

Normal Fee: Individual

Aii Member: 
RM 1,200/USD 275

Non-Member:
RM 1,400/USD 320

Normal Fee: Group of 3 pax

Aii Member: 
RM 1,100/USD 250

Non-Member:
RM 1,300/USD 295

Meet The Expert

Peter Yong Weng Sing

Chartered Insurer, ACII, AMII

Peter Yong has more than 30 years of working experience in the Insurance industry in all major aspects of underwriting, claims, reinsurance, risk surveys, technical audit and business development. He specialises in property and engineering insurance. Although most of his working life was spent in general insurance companies, Peter also has a 3-years’ experience serving the professional reinsurance company as the Head of Facultative Reinsurance.

 

He was an active working member under several Expert Committee Groups of Miscellaneous Accident, Engineering Task Force, Fire Sub-Committee and MNRB Special Ratings in PIAM (General Insurance Association of Malaysia). Currently, Peter is the Head of Technical Support in a leading foreign insurance company.