Risk Surveys for Non-Engineers

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Introduction

In dealing with engineering or complex property risks, a risk survey is normally required by underwriters. This programme will present some of the basic features undertaken in a risk survey.

Key elements presented in a risk report will be looked into. Issues such as Probable Maximum Loss (PML) will be addressed, to enable the participants to appreciate the subject matter better.

 

Learning Objective

  • Appreciate the need for risk survey for insurance considerations.
  • Learn some of the basic features of risk surveys as undertaken in the field.
  • Understand how PML figures are established in risks for underwriting purposes

 

Program Duration

1 Day

 

Program Content (9.00am -5.00pm)

  • The need for risk surveys
  • “areas” to look for in a risk survey
  • Taking photographs and recording the site conditions
  • Report writing and presenting the facts.

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