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| HRD Training Prog No | 10001303949 |
| Date & Time | 11 – 12 May 2026, 9.00 a.m. – 5.00 p.m. |
| Registration Deadline | 30 April 2026 |
| Learning Format | Virtual |
Overview
In this course, participants will have an overview of the engineering line of business in Malaysia and the impact of dependency on machinery and technological changes to business. Participants will also learn about the coverages available, future developments and reasons for insurance against failures and breakdown.
Recommended For
This programme is designed for new entrants in the industry, insurance personnel working in insurance companies, insurance brokers, loss adjusters, agents and clients involved in construction works and erection works.
It is also suitable for any person such as auditor, administrator in insurance company, broker, loss adjuster and those who require knowledge in Engineering Insurance (MB/MBLOP). Other professionals with experience in handling Engineering Insurance (MB/MBLOP) and need a refresher course to keep abreast on latest developments are encouraged to participate.
Learning Outcome
A. Recognise the important aspects and background of engineering insurance, and the relevant insurance principles.
B. Appreciate the evolution of machinery from mechanical, electrical to electromechanical machine, future developments and reasons for insurance against failures and breakdown.
C. Understand the principal coverage of MB and MBLOP insurance
D. Understand the aspect of MB and MBLOP underwriting processes and risk assessment.
E. Understand the aspect on basis of material damage claims settlement and loss of profits claims settlement.
F. Understand the important aspects of survey for engineering insurance underwriting.
G. Understand claims related to engineering insurance.
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Programme Structure
| No. | Content |
| 1 |
|
| 2 |
|
Dates
11/05/2026
2 Days (Virtual)
Fees
Normal Fee: Individual
Aii Member:
RM 1,000/USD 230
Non-Member:
RM 1,200/USD 275
Normal Fee: Group of 3 pax
Aii Member:
RM 900/USD 210
Non-Member:
RM 1,100/USD 250
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.