Understanding Energy Insurance

An Interactive 5 - Day Training Course

Understanding Energy Insurance

Construction, Erection, and Operational Risks

Classroom Dates
23 - 27 Sep 2024
17 - 21 Feb 2025
Online Dates
23 - 27 Sep 2024

Risk and insurance aspects are components spelt out in energy project contract documents. In most energy projects, the contracts will carry specific clauses that spell out the need for insurances to be arranged for the project, equipment, and protection against third-party claims. Indemnity must be procured to protect the employer or client. Often the requirements of the necessary insurances are recorded in the Joint Operating Agreement (JOA) involving oil drilling activities. The projects can range from oil and gas exploration work, drilling activities, platform installation, and power generation schemes. These can be onshore or offshore; renewable energy projects like wind power units and solar farms are new developments that are already being implemented in various regions.

There are various risk aspects involved in an energy project implementation - some of these issues can be identified and managed, operational cover for energy production plants will also be addressed. Insurance is arranged to act as a risk transfer mechanism. Risk management can be used to reduce specific exposures on an energy project site, including perils like fire, explosion, collapse and even “design defects” or material/workmanship shortcomings. The basic principles of insurance will be addressed in this Energy Training Centre Understanding Energy Insurance training course. 

By attending this training course, the delegates will be able to make a substantial, positive impact on the learning best practices within their organisation, more specifically:

  • Learn how insurance coverage for energy schemes are arranged and underwritten
  • Know the concerns of the underwriter when considering various energy-related risks
  • Consider risk management steps during the project implementation stage and beyond
  • Appreciate how the risk transfer process takes place
  • Highlight the key points of the different insurance policies and how they are triggered
  • Discuss and expand the practical application of these industry best practices

This Understanding Energy Insurance training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension, and retention of the information presented during the five days. It will employ active-learning techniques, group discussion, and quizzes to enhance the training course session. The delegates will also be provided with a few challenging case studies with actual energy project scenarios – and the facilitator will guide them through achieving appropriate and practical solutions. A proper understanding of the coverage provided under the various energy operational risks wording is essential to appreciate this subject.

Meanwhile, the delegates are also urged to raise their own experiences in dealing with energy projects, site work and design experiences to the class for further review and group discussion. The class sharing and group deliberation will make this an exciting learning procedure.

Upon the completion of the training course, the organization would benefit from:

  • A better management of insurance procurement & coverage for their risks
  • Know the validity of insurance coverage are more accurately secured
  • Better role and support underwriters’ expectations
  • Better risk management themes, when implemented at the site, will bring about a safer operational risk
  • Knowing the overall savings in terms of premium reductions can be secured in the upcoming policy renewals
  • A more professional approach in handling and follow-up of claims

On successful completion of this training course, the delegate will be able to:

  • Understand the risk and insurance subject better
  • Manage to coordinate better with the stakeholders on-site and client representatives 
  • Communicate better with the insurance personalities like insurers, brokers, and reinsurers
  • Have clarity about risk management procedures on site
  • Comprehend the world of insurance is an asset to the individual in the energy industry

This Energy Training Centre training course is suitable for a wide range of professionals involved in any aspect of Energy Risks (Construction, Erection, and Operational aspects) and who want to understand, implement, and improve the latest energy insurance coverages formats & wordings.

Ideally for Senior Executives, Senior Engineers, and Managers from the following industries: 

  • Energy & Power Industry: Plant Operators, Suppliers, and Specialist Equipment Vendors
  • Government Officials, Ministries, Public Sector Agencies, Regulators
  • Government Entities and Institutions: Public Works, Local Council, and Energy Authorities
  • Banks, Financial Institutions & Fund Managers
  • Buyers of Insurance: Contractors, Builders, and Sub-Contractors
  • Oil and Gas Project Consultants, Architects, Design Specialists, Land Surveyors, and Quantity Surveyors
  • Insurance, Reinsurance Companies, Insurance Brokers, and Reinsurance Brokers
  • Insurance Regulators, Legal Personnel, Arbitrators, and Loss Adjusters


  • Types of oil and gas risks and differences between erection/operational exposure
  • Renewable energy and current trends in the industry
  • World oil economics and shale gas as an alternative energy source
  • Coal-fired & gas turbine plants
  • Offshore risks and marine-related issues
  • Explore the coverage provided by the various insurance covers


  • Principles of insurance: What are they and appropriate examples?
  • CAR or EAR: What are the differences?
  • Discuss and identify trade risks
  • Is it underwriting or just undercutting?
  • How to affect the risk transfer mechanism?
  • Challenges when there is an incident at an energy project site


  • Material damage and third-party liability aspects
  • What are the concerns of the risk surveyor?
  • Investigation - Why is the cause of failure very crucial?
  • Role of the loss adjuster or loss assessor
  • Dealing with third-party damage claims
  • What is physical damage?


  • Property insurance: IAR/Fire policy coverage
  • Offshore operating risks
  • Business interruption insurance
  • Third-party insurance: General & pollution liability
  • Operator’s extra expenses insurance
  • Offshore construction risks


  • Recovery (subrogation) is undertaken after the insurance company pays a claim
  • How is loss adjustment undertaken?
  • Application of policy excess or deductible
  • Why is risk management critical in energy projects?

We offer two main training formats to cater to different preferences and needs: 

  • Classroom Training Delivery – Our traditional classroom-based training courses provide a face-to-face learning experience with subject matter experts. You’ll benefit form in-person interactions, hands-on exercises, and a structured classroom environment.
  • Online Training Delivery – We also offer convenient live/online training courses that you can access from anywhere with a stable internet connection. These courses provided flexibility and allow you to learn anywhere, making them suitable for busy schedules or remote learning.

The Energy Training Centre Certificate of Completion with corresponding learning hours who has successfully completed the training course.

Yes, we provide assistance by issuing a Letter of Invitation stating that you are confirmed to attend our training.

We value transparency and are happy to provide our instructor’s profiles upon request. If you would like to learn more about our instructor’s’ qualifications, expertise, and experiences, please email us at info@energytraining.ae.

Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.

Please contact us at inhouse@energytraining.ae to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

We have multiple international training venues. You may find this through our website link: https://energytraining.ae/training-locations 

Our training courses are held at our partnered hotels within the city included within our training

Yes, here are the following options we can offer to assist you:

  • Corporate Discount – We can extend our corporate discount to participants staying at the same hotel, if we have any. Please enquire about the availability of this discount when you register for the training course.
  • Nearby Hotel Suggestions – If you prefer other accommodations, we can provide a list of nearby hotels to suit your needs and budget.

Feel free to go through hotel booking platforms on the internet to find the most cost-effective for you.

No, we do not provide job placement services after the training course. However, we are confident that our training course equips you with the necessary tools and knowledge to enhance you career prospects and promote career growth. Our training course are designed to empower you with valuable skills and expertise to excel in your chosen field.

  • Tuition fee for a 5-day training course
  • Provision of a world-class subject matter expert to deliver this training
  • Meeting at a hotel venue corresponding to your chosen session
  • Welcome food and drinks, AM / PM snack, and Lunch
  • Digital course materials (e-Tablet)
  • Course completion certificates
  • Designing and administration of Pre-& Post Course Assessments
  • Preparation of participant’s Performance and Appraisal Report, if required
  • Issuance of Letter of Invitation for delegates needed visa processing, if required
  • Tuition fee for a 5-day online training course
  • Provision of a world-class subject matter expert to deliver this training through live/virtual delivery
  • An electronic copy of the training manual and relevant hand-outs
  • Issuance of The Energy Training Centre e-Certificate of Completion
  • Administration of Pre-& Post Workshop Assessments
  • Link access of online platform acceptable to both parties

Certainly, we do provide corporate rates tailored for organizations seeking to enrol multiple employees in our training programs. To facilitate this, we encourage you to make a formal request via email addressed to info@energytraining.ae. We’ll be delighted to discuss and offer a suitable arrangement for your corporate needs.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at info@energytraining.ae

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

Upon receipt of your registration details sent via email at reg@energytraining.ae, we will send you the following by e-mail within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

 If you register online, you will receive an e-mail on the same day confirming your registration.

There are two convenient options to register for a training course:

  • Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
  • Email Registration – You can email us your intention to register at info@energytraining.ae. Our team will guide you through the registration process and provide assistance you may need.

Yes, we do allow registration transfers in the event that you are unable to attend the training course. To initiate a transfer, please send us an official email requesting the change. We’ll guide you through the transfer process and ensure a smooth transition of your registration to another eligible participant.

Our training course sessions are scheduled and posted on our website for your convenience. However, we understand that there may be specific requirement for your group. If you have a preferred venue and specific training dates in mind, please feel free to propose them to us by clicking on the button “Propose you preferred location & date” of your preferred training course.

Our course timings slightly vary between the cities we offer our training courses. Please let us know of your preferred course and session (dates/venue) through email at info@energytraining.ae. Alternatively, you may call/WhatsApp us at +971 50 746 0956.

We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggested a suitable course timing for all.

Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.

Our training programmes are designed to be concise yet comprehensive, focusing on professional development. The duration varies based on the specific course content and objectives – we normally offer programmes between 5 – 10 days. However, our emphasis lies in delivering interactive and engaging sessions that prioritize depth of learning within a condensed timeframe. This approach ensures participants acquire substantial knowledge and skills efficiently.

We have been assessed by TUV Rheinland Middle East FZE and comply with Quality Management System standards – ISO 9001:2015 and ISO 29993:2017, ensuring a commitment to quality and excellence in our operations and services.

Our training courses span across diverse industries, encompassing sectors such as but not limited to:

  • Power & Utilities
  • Oil & Gas
  • Financial Institutions
  • Government and Regulatory bodies
  • Manufacturing & Production Industry

Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.

Yes, Energy Training Centre is an ILM Recognised Provider (ID# 002398B), authorized to register learners and offer training courses recognized by ILM. Participants seeking ILM Recognised Certification would need to complete an assessment post the ILM Recognised courses. ILM is a renowned provider of leadership and management qualifications, part of the City and Guilds Group. Additionally, our company is a CPD Certified Training Company, ensuring our commitment to continuous professional development standards.