Sales
9:00 AM – 5:00 PM | 9 & 10 July 2025
Registration Deadline: 18 June 2025
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. At the end of the programme, participants should be able to:
- Recognize the important aspects and background of engineering insurance, and the relevant insurance principles.
- Appreciate the evolution of machinery from mechanical, electrical to electromechanical machine, future developments and reasons for insurance against failures and breakdown.
- Understand the principal coverage of MB and MBLOP insurance.
- Understand the aspect of MB and MBLOP underwriting processes and risk assessment.
- Understand the aspect on basis of material damage claims settlement and loss of profits claims settlement.
- Understand the important aspects of survey for engineering insurance underwriting.
- Understand claims related to engineering insurance
Recommended For
- New entrants in the industry
- Insurance personnel working in insurance companies Insurance brokers and loss adjusters
- Agents and clients involved in construction works and erection works
- Any person such as auditor, administrator in insurance company, broker and loss adjuster
- 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 of latest developments
Learning Format
- In-Person Training
Dates
09/07/2025
Classroom
Fees
Early Bird (Member)
Early Bird Member closing date: 18 June 2025
RM 980 / USD 230
Early Bird (Non-Member)
Early Bird Non-member closing date: 18 June 2025
RM 1,080 / USD 250
Normal Fee (Member)
Individual: RM 1,080 / USD 250
Group of 3: RM 930 / USD 218
Normal Fee (Non-Member)
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 |
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