Overview of the project insurances in a project life cycle

15 July 2022
CPD Code:CPD20220715S
Organized:Hong Kong Institute of Construction Managers (HKICM)
Date:15 July 2022 (Friday)
Time:7:00 pm - 8:30 pm
Venue:Online Media Platform - Zoom

Mr Mark Chan

  • Director and Head of Construction, Power and Energy, North Asia
Language:Cantonese supplemented by English
CPD Hour(s):1.5
Priority:HKICM Member; First-come, first-served
Enrollment Fee:HKICM Member HK$ 150.00
Non-member HK$ 180.00
Deadline:7 July 2022 (Thursday)
Register Link:Register


To minimize the risk impacting to a project, the Insured will usually use various preventive measures. This includes a good management system, sufficient training, lesson learnt from previous losses and damages, using reliable contractors, having a contract term to transfer risk and etc. Even after all such preventive risk management measures are used, incident still cannot be totally eliminated and avoided. Purchasing an insurance product is a general way for protecting the Insured against the residual risk in a project lifecycle and to transfer such risk to the Insurer.

This presentation will outline the insurance requirement under the various contract forms and explain the insurance products generally required as well as their coverage and interests during the project life cycle. Finally, a process of procurement of the insurance product and the claims procedure are also discussed.

Important Notes:

  1. This is an online pre-registration only and the seat reserved will only be confirmed by an e-mail sent to the successful registrant in due course upon receipt of the registration fee.
  2. The talk will be conducted online via Zoom. Successful registrants will be notified separately via email with the meeting ID in due course to the online event . 
  3. Information collected, including name, phone number, email address and postal address, will only be used for the purpose of processing booking or general enquires related to HKICM, and will be treated in confidence and not be disclosed to any other party. 
  4. HKICM reserves the right of final decision and interpretation in the case of any dispute.

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