National Insurance Academy, Pune|Insurance Technical (Non-Life)
P352 | Management of Engineering Insurance (Non-Life)
Academic Year 2026-2027
Duration
3Days
Scheduled Dates
15 Jun 2026 - 17 Jun 2026
16 Sep 2026 - 18 Sep 2026
07 Dec 2026 - 09 Dec 2026
10 Feb 2027 - 12 Feb 2027
Background
Engineering technology today is evolving at an unprecedented pace - with advances in automation, electronics, material science, and infrastructure design redefining how projects are planned and executed. India's construction, power, manufacturing, and infrastructure segments now deploy high-value equipment and digital project management systems across development, erection, and commissioning stages.
This transformation brings new dimensions of risk - complex, interconnected, and financially significant. Engineering Insurance underwriters are increasingly required to assess technologically advanced exposures, interface with lenders and project owners, and provide seamless risk transfer mechanisms that meet international standards. Financial institutions and investors demand robust and comprehensive coverage frameworks, often with intricate contractual requirements and low tolerance for uninsured risks.
Learning Objectives
This programme equips participants with a contemporary understanding of engineering risk underwriting and management - from project inception to operational phase - enabling them to design, assess, and manage solutions for technologically dynamic infrastructure and industrial projects.
Participants will gain enhanced insight into:
Emerging risk exposures in EPC and infrastructure projects.
Structuring and underwriting of project and operational policies including CAR, EAR, and ALOP.
Integration of risk inspection, PML assessment, and process validation.
Claims management and project monitoring practices aligned with best-in-class market standards.
Reinsurance structuring and treaty considerations for engineering portfolios.
Key Contents
CAR / EAR Policies:
Modern coverage architecture, exclusions, conditions, and risk-tailored extensions.
Civil and Infrastructure Risks:
Underwriting aspects of road, metro, tunnel, bridge, and energy projects.
Advanced Loss of Profits (ALOP):
Interlinkages with project timelines and monitoring mechanisms.
Role of inspection and validation at construction and operational stages.
Claims Management:
Documentation, causation analysis, and mitigation strategies.
Reinsurance Interfaces:
Treaty terms, capacity considerations, and emerging global best practices.
Who Should Attend
Designed for professionals managing Engineering Insurance portfolios across underwriting, claims, and reinsurance functions - at Head Office, Regional, or Operating Units of Indian and international general insurers.
