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

Public Short Course

9:00 AM – 5:00 PM | 12 & 13 March 2025

Registration Deadline: 19 February 2025

Overview

This two-day interactive workshop is designed to enhance the knowledge & competency of Insurers, Reinsurers, Brokers & Loss Adjusters on the practical aspects that are relevant when dealing and handling Machinery Breakdown insurances. A site visit to a manufacturing plant is planned as part of the program.

Case studies will be used to illustrate various aspects of policy coverage, risk exposures and claims. Typical MB losses generally involve turbines, pumps, motors, and engines. Such incidents trigger the insurance policy, and it is essential that industry practitioners appreciate how the coverage is provided.

Recommended For

  • Executives and Managers from insurance/reinsurance companies and broking firms
  • Also suitable for Underwriters, Business Development and Marketing Executives from insurance/reinsurance companies
  • Loss Adjusters
  • Client and Account Executives and Managers of insurance/reinsurance broking firms
  • Managers /Executives of insurance buyers and consumers

Learning Format

  • In-Person Training

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

For Inquiries

Sales

+603 2712 8882

Dates

12/03/2025

Two-Day Short Course

13/03/2025

Two-Day Short Course

Fees

Early Bird (Member)

Early Bird Member closing date: 5 February 2025

RM 1,080 / USD 250

 

 

Early Bird (Non-Member)

Early Bird Non-member closing date: 5 February 2025

RM 1,180 / USD 272

Normal Fee (Member)

Registration closing date: 19 February 2025

Individual: RM 1,180 / USD 272

Group of 3: RM 930 / USD 218

Normal Fee (Non-Member)

Registration closing date: 19 February 2025

Individual: RM 1,180 / USD 272

Group of 3: RM 1,030 / USD 240

*Fees inclusive of 8% SST (Malaysia Sales and Service Tax)

Meet The Expert

Peter Yong Weng Sing
Chartered Insurer, ACII, AMII
Peter Yong has more than 30 years of working experience in the Insuranceindustry in all major aspects of underwriting, claims, reinsurance, risk surveys, technical audit and business development. He specializes in property and engineering insurance. Although most of his working life was spent in general insurance companies, Peter also has a 3-year experience serving the professional reinsurance company as the Head of Facultative Reinsurance.
He was an aactive working member under several Expert Committee Groups for 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