FIDIC Insurance Mastery: Risk Transfer, Coverage, and Claims Management in Construction Projects
COURSE OVERVIEW
Insurance is a critical component of FIDIC contracts, protecting stakeholders against unforeseen risks, liabilities, and financial losses. This 5-day professional programme equips participants with **comprehensive knowledge of FIDIC insurance requirements, risk coverage, and claims handling**.
The course emphasizes **practical insurance strategies, compliance with contractual clauses, claims mitigation, and real-world case studies** to enhance project risk management.
COURSE OBJECTIVES
By the end of this programme, participants will be able to:
1. Understand FIDIC insurance clauses and contractual obligations
2. Identify and assess project risks requiring insurance coverage
3. Implement effective insurance management strategies
4. Coordinate with insurers, brokers, and stakeholders
5. Manage insurance claims and dispute resolution efficiently
6. Integrate insurance considerations into cost, risk, and project planning
7. Apply lessons from real-world FIDIC project insurance scenarios
8. Ensure compliance and minimize liabilities through proper insurance practices
5-DAY DETAILED COURSE OUTLINE
DAY 1 — Introduction to FIDIC Insurance
* Overview of FIDIC insurance clauses (Red, Yellow, Silver & Gold Books)
* Types of insurance in construction projects: CAR, EAR, PI, etc.
* Roles and responsibilities of Employer, Contractor, and Engineer
* Understanding risk transfer and contractual obligations
DAY 2 — Risk Identification & Insurance Coverage
* Identifying project-specific risks requiring insurance
* Determining coverage types and limits
* Evaluating insurance policies and conditions
* Case exercises: matching risk to appropriate insurance coverage
DAY 3 — Claims Management & Documentation
* Preparing insurance claims under FIDIC contracts
* Documentation, reporting, and compliance requirements
* Coordination with insurers and brokers
* Practical exercises: claim submission and review
DAY 4 — Risk Mitigation & Dispute Prevention
* Integrating insurance into risk management strategies
* Minimizing project delays and financial exposure
* Dispute prevention through proactive insurance planning
* Lessons from real-world FIDIC insurance disputes
DAY 5 — Workshops, Simulations & Certification
* Group exercises: managing complex insurance scenarios
* Simulation: insurance claims and dispute resolution
* Best practices and lessons learned
* Final assessment & certificate issuance
WHO SHOULD ATTEND
* Project Managers & Directors
* Contract Administrators & Engineers
* Risk, Insurance & Compliance Managers
* Quantity Surveyors & Cost Engineers
* Consultants, Contractors, and Subcontractors
* Legal Advisors handling FIDIC contracts
* Government and public agency project teams
KEY BENEFITS
Participants will:
* Master FIDIC insurance clauses and obligations
* Identify, assess, and transfer project risks effectively
* Manage insurance claims and disputes efficiently
* Integrate insurance into cost, risk, and project planning
* Gain practical experience through workshops and case studies
* Enhance accountability and minimize project liabilities
CERTIFICATION
Certification Title:
**Certified Specialist in FIDIC Insurance Management & Risk Mitigation**
*Issued by KE Leaders International Training Centre*
Includes:
✔ International Certification
✔ Digital Badge
✔ CPD Hours
✔ Templates for Insurance Management & Claims
✔ Case Study Workbook & Practical Exercises
Contact Info:
Enquiry at : admin@keleaders.com
Whatsapp: 0044 790 125 9494
For more details visit our website : www.keleaders.com
