Engineering Insurance (Volume 1) - Theory and Practice of Engineering Insurance

Author: Wang He
Publisher:
Publish Date: 2005-10-01
Features: The International Marine Insurance Association (IMIA) is very pleased to recommend this set of "Engineering Insurance" to all readers. The book covers a wide range of topics and is comprehensive, helping readers familiarize themselves with and gain an in-depth understanding of engineering insurance knowledge. This will enable China's engineering insurance market to meet challenges and develop into a market with international reputation. At the same time, the book will also lay a solid foundation for the development of China's engineering insurance based on technical capabilities and underwriting standards. It is foreseeable that this book will be widely used in China's engineering insurance market.
—Anders Lindberg, Chairman of the International Marine Insurance Association
In the field of engineering construction, recommending a risk management system that aligns with the market economy is a major issue in the reform and development of China's construction industry. The engineering insurance system will play an irreplaceable role in the construction management system of China, especially in the development of the market security system. I am very pleased to recommend Mr. Wang He's "Engineering Insurance" to all of you, and I believe it will positively promote the improvement of China's engineering risk management level.
—Yao Bing, Chief Engineer of the Ministry of Housing and Urban-Rural Development, Executive Vice President of the China Society of Civil Engineers
How to properly handle the relationship between insurance, engineering, management, technology, theory, and practice has long puzzled the operators and theoretical researchers of engineering insurance. Solving such a problem requires not only a multidisciplinary professional knowledge background but also rich practical work experience. The publication of "Engineering Insurance" has provided us with the possibility to make efforts in this direction. The book integrates engineering construction, risk management, and insurance operations, offering a broad perspective and unique analysis, revealing many unresolved issues that people want to solve but have not yet. It is highly practical. I believe readers will benefit from it, gaining insights and enhancing their ability to solve engineering insurance challenges.
—Wei Hualin, Director of the Institute of Insurance Economics, School of Business, Wuhan University, Professor, Doctoral Supervisor
This book is divided into seven chapters, with the main content centered around engineering insurance and related knowledge:
(1) It introduces the development history and current status of global and China's engineering insurance;
(2) It systematically introduces basic knowledge related to engineering insurance, such as project management, engineering bidding, engineering contracts, engineering pricing, engineering supervision, and engineering laws and regulations;
(3) It provides a detailed and comprehensive analysis of engineering insurance clauses;
(4) It categorically introduces special clauses of engineering insurance and important considerations during use;
(5) It explains the basic principles of underwriting, with a focus on key elements such as clauses, special clauses, policyholders, insured parties, insured objects, insurance amounts, compensation limits, insurance periods, and deductibles involved in the core underwriting process;
(6) It introduces the factors influencing the pricing of engineering insurance, methods for determining prices, and common engineering insurance pricing software;
(7) It discusses the preparation of "Insurance Proposals" in practice;
(8) It explains the basic principles of claims handling, general procedures, the basic requirements for inspectors, and the insurance appraisal system;
(9) It focuses on field investigations, damage assessment and calculation, inspection and calculation reports, and subrogation claims based on actual work experience;
(10) It systematically introduces related business such as engineering guarantee insurance, expected income insurance, completed project insurance, engineering latent defect insurance, title insurance, engineering professional liability insurance, transportation insurance, and employer's liability insurance.
The target readers of this book include various personnel engaged in engineering insurance, such as employees from insurance companies, insurance agencies, insurance brokers, and insurance appraisal companies. It is also suitable for engineering management personnel involved in project risk management, as well as students and faculty from universities and colleges for reference.