Code : 2016051
Event Name : Walkthrough Clauses of Employees' Compensation Insurance Policy and Contractors' All Risks Insurance Policy
CPD Code : Formal Events
Speaker : Mr. John Lam and Mr. Nathan Cheung of Jardine Lloyd Thompson Ltd. (“JLT”)

Mr. John Lam – Divisional Director (Construction) of JLT”

John is currently working in a specialist insurance advisory team of JLT advising contractors for their insurance arrangements. He started his current job in 1988 and his major job then was handling insurances for international contractors for the Airport Core Program. This involved in-depth analysis of contract conditions and the related insurance arrangements.
He is a graduate of the Chinese University of HK and associated member of Chartered Insurance Institute of UK. He was part time lecturer at the Open University of Hong Kong.
He is the insurance advisor to banks on City of Dreams, Wynn and Macau Studio City and as such is in a good position to share his experience with contract administrators on some of the insurance issues found in complicated contracts.
Some of his involved famous projects are Airport Core Program, Western Harbour Crossing, Penny's Bay Reclamation and Container Terminal no. 8 and 9. Recently he is working in Macau for projects like Grand Lisboa, MGM and City of Dreams.

Mr. Nathan Cheung – Assistant Director (Construction) of JLT

Nathan is a civil engineering degree graduate of the Hong Kong University of Science and Technology. He has over 15 years insurance industry experience in broking and underwriting. Before joining JLT, he has worked as broker in HSBC Insurance Brokers (Asia-Pacific) Limited and Marsh (Hong Kong) Limited with main focus on Construction / Special Risks Insurance in the Construction / Real Estate Team. He is experienced in placing risks and providing advices to Real Estate Developers as well as Contractors.
Event Date : 2016-08-15
Event Time : 7:00 pm - 8:30 pm (Registration and networking time: from 6:30 pm)
CPD Hour(s) : 1.5
Divisional PQSL Hour(s) : 1.5
Venue : Surveyors Learning Centre, Room 1207, 12/F, Wing On Centre, 111 Connaught Road Central, Sheung Wan, Hong Kong
Division : BSD QSD
Organizer : BSD QSD
Fee : HK$120 for members; HK$180 for non-members (HK$30 walk-in surcharge on all prices listed)
Priority : BSD & QSD Members; First-come-first-served
Language : English
Details :

In this talk, the speaker will cover the following areas and walkthrough various clauses of Employees’ Compensation Insurance Policy and Contractors’ All Risks Insurance Policy.

 

Employees’ Compensation Insurance Policy

  1. Basic understanding
  2. Policy format and clauses
  3. Policy limit
  4. Conditions and exclusions to be aware of

 

 

 

Contractors’ All Risks Insurance Policy

  1. Section I – Material damage to assets of the project
  2. Section II – Liability to third parties
  3. Policy format: operative clause, conditions and exclusions
  4. Cross liability clause
  5. Excess
  6. Precedent to liability of insurers
  7. Extension
Remarks :

FULL (NO WALK IN AVAILABLE)

Same CPD talk (but in English) as the two talks (in Cantonese) organized by QSD held on 24 March and 11 Aug 2015.

 

Due to overwhelming response, the above two talks held on 24 March and 11 Aug 2015 were overbooked by members. In order to allow interested members to attend the same talk, the QSD and BSD are going to organize the same CPD talk (but in English) on 15 August 2016.

Payment : HKD 120
Face-to-Face/Zoom : Please refer to the remarks