• Underwriters and Claims Practitioners in Insurance and Reinsurance companies with 3 to 5 years of experience in handling Offshore Energy insurance.
• Other Professionals who are interested to gain an understanding of the physical and other hazards that need to be considered in underwriting such risks, as well as how claims arising from such covers are handled and settled.

At the end of the programme, participants should be able to:

• Outline the nature of the Oil and Gas Energy industry and describe its relationship with the insurance industry.
• Highlight the key elements of the Offshore Energy industry and the areas that are covered by insurance.
• Describe the scope and coverage of the various insurance policies for the Offshore Energy risks, and the key players in the Energy Insurance market.
• Explain the processes and equipment used in offshore exploration and drilling, the potential hazards encountered in such offshore energy risks and the role that Specialist Loss Adjusters play in handling claims such as a blowout.

• Overview of Oil and Gas Industry.
• The Relationship between Upstream & Downstream Energy Industries.
• Upstream/Exploration and Production: Insurance Perspectives.
• Offshore Energy Construction – WELCAR policy.
• Operators Package Coverage.
• Shipyards and Fabrication.
• Case Study: Control of Well claim.

Mark Stevens started his career as a Marine Hull Broker in 1972. During Mark’s career, he has had three published books covering marine hull, offshore energy and large construction risks.

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Full Course Fee: S$539.55 (incl. of 9% GST)

Net Course Fee: S$391.05 (incl. of 9% GST and after 30% FTS funding) for Singapore Citizens below 40 years old and Singapore Permanent Residents

Net Course Fee: S$193.05 (incl. of 9% GST and after 70% FTS funding) for Singapore Citizens aged 40 years old and above

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