How to Minimise Third Party Losses in Construction All Risks Policy Exposures

HRD Training Prog No	10001641720
Date & Time	3 – 4 August 2026, 9.00 a.m. – 5.00 p.m.
Registration Deadline	23 July 2026
Learning Format	Physical

Overview

Construction risk and insurance aspects continue to be of interest to the insurance industry. New and challenging engineering projects are being developed while stakeholders need to be prepared to arrange and underwrite such technical risks.

The focus of this session will be the Contractors All Risks (CAR) policy exposure related to third party losses. This would cover property damage (eg. neighbouring properties, underground utilities and bodily injury aspects). Application of a few key clauses and endorsements will also be addressed during this inter-active knowledge sharing session.

Recommended For

This programme is ideal for Executives and Managers from Insurance / Reinsurance companies and Broking firms. It is also suitable for Underwriters, Business Development and Marketing Executives from Insurance / Reinsurance companies, Loss Adjusters, Clients, Account Executives and Managers of Insurance / Reinsurance Broking firms and Managers / Executives of insurance buyers and consumers.

Learning Outcome

A. Identify the role and expectation of an Insurer when dealing with third party exposure.

B. Compare and contrast the types of third-party losses that can occur on site.

C. Highlight the main policy condition and operative clause applicable to Section II of the CAR policy.

D. Appreciate contractors’ constraints and the role of various stakeholders on site when dealing with third-party exposures.

E. Understand the steps involved in application of Section II of the policy using case studies that will enhance the learning process.