COURSE OVERVIEW

This practical and highly-interactive course includes real-life case studies and exercises where participants will be engaged in a series of interactive small groups and class workshops. 

 

This course is designed to provide participants with a detailed and up-to-date overview of Energy Insurance and Risk Management. It covers the types of energy risks and energy policies and the importance of energy policies; the property and casualty insurance, pollution liability insurance and business interruption insurance; the energy risk assessment, identification, analysis and evaluation; the energy risk control, reduction, retention and transfer; and the energy insurance claims management, handling process, investigation and settlement. 

 

Further, the course will discuss the energy underwriting principles covering underwriting process, risk selection and risk pricing; the energy loss control, prevention, mitigation and investigation; the energy contractual risk transfer comprising of indemnification clauses, insurance requirements and waiver of subrogation; and the property insurance, casualty insurance, the pollution liability insurance, business interruption insurance, marine insurance and cyber insurance for energy risks. 

 

During the interactive course, participants will learn the reinsurance for energy risks and its various types; the emerging risks in energy insurance covering climate change risks, renewable energy risks and cybersecurity risks; the energy risk management for large corporations, small and medium-sized enterprises; the regulatory framework for energy insurance and the legal issues in energy insurance; integrating technology in energy insurance and risk management; using data analytics in risk assessment and underwriting; and collaborating between insurers, energy companies and governments to manage energy risks.