Energy Insurance and Risk Management Training Course

Name: Energy Insurance and Risk Management
Rating: 4.7 (1076 reviews)

Home / Energy Markets, Trade and Risk / Energy Insurance and Risk Management

Classroom Dates

12 - 23 May 2025

London

$11,900

29 Sep - 10 Oct 2025

Dubai

$11,900

Propose your preferred Venue and Date

Overview

Expand All Modules

This training course is split in two modules:

MODULE I - Understanding Energy Insurance

MODULE II - Energy Risk Management

Each modules is structured and can be taken as a stand-alone training course; however, delegates with will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.

Course Outline

Module 1: Understanding Energy Insurance

DAY ONE: OVERVIEW OF THE ENERGY INDUSTRY AND INSURANCE ASPECTS

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

DAY TWO: UNDERSTANDING ENERGY PROJECTS – APPLICATION OF CONSTRUCTION AND ERECTION INSURANCES

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

DAY THREE: APPRECIATING THE WORDINGS UNDER SECTION I AND II IN THE POLICY

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?

DAY FOUR: OPERATIONAL RISKS IN THE ENERGY SECTOR

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

DAY FIVE: HANDLING CLAIMS, RISK MANAGEMENT, AND RECOVERIES

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?

Module 2: Energy Risk Management

Day Six: OVERVIEW OF ENERGY RISK MANAGEMENT

Introduction to Risk & Risk Management
Risk Management Standards
Key Definitions
Critical Success Factors for Risk Management
Organisational Risk Attitudes (Risk Culture)
Organisational Structures
Risk Roles and Responsibilities
Risk and Strategy
Culture

Day Seven: RISK MANAGEMENT CATEGORIES

Financial Risks
- Market risk
- Credit & counter-party risk
- Liquidity risk
- Limit management
Operational Risks
Systemic Risks
Emerging Risks
Strategic Risks

Day Eight: RISK REPORTING & MITIGATION

Understanding Materiality
KRIs
Developing Risk Reports
Risk Mitigation & Controls
Aligning Opportunities, Strategy, and Risk
Integrating Risks Across the Energy Business
Risk Management Accountability & Ownership

Day Nine: APPLYING RISK PRACTICES TO THE ENERGY BUSINESS

Comparison of Risk Practices across Sectors
Risk Management’s Role in Strategic Management and Value Creation
Leveraging existing Operational Risk Management as part of ERM
Risk Accountability Structures
Tools and Techniques
Aligning Risk, Compliance, & Regulation

Day Ten: ENERGY TRADING

Energy Trading: What, Where, and How?
Overview of Energy Trading and Risk Management
Energy Trading and Risk Management Systems
Integration of technology as part of the risk architecture
ERM Systems
Dealing with Energy Trading
ESG: The new frontier for risk
The Future - Risk and Value Creation

Certificate Awarded

After successfully completing this training course, delegates will receive The Energy Training Centre Certificate of Completion as recognition to their achievement. This certificate validates their commitment to enhancing their skills and expertise in their respective fields.

Our Collaboration

Energy Insurance and Risk Management Training Course FAQ's

WHY ENERGY TRAINING CENTRE?

Industry Leading Expertise

Flexible Learning Options

Trusted & Approved

Best Prices

Our industry leading training courses cover the entire energy ecosystem, from conventional energy, to renewables. Regardless of where you are in the renewable sector, from start-up to NOC – our goal is to provide our clients with future-proof professional training and development to help you lead in navigate the energy transition. We are supporting clients within the conventional energy industry, such as those in oil gas adopt and implement effective strategies and systems to reduce their carbon footprint and emissions. We also deliver training and run bespoke programs for clients who may be making a larger scale transition into the renewable energy market. For those organisations who are growing or are fully established in the renewable energy space we offer professional development training to further their knowledge and skills, and ensure they are up-to-date with industry standards and regulations.

Get all your questions answered here!

If you need more help in answering your questions, feel free to contact us!

Training Services

Do you offer job placement assistance after completing a course?

While we do not provide job placement services after the training course, we are confident that our programme equips you with the necessary tools and knowledge to enhance your 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.

Do you provide assistance in hotel accommodation?

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.

Can you help me obtain visa?

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

Where are your training courses held?

We offer multiple international training venues, which can be accessed via the following link: https://energytraining.ae/training-locations

Our training courses are conducted at partnered hotels located within the specified training areas. Please note that venue assignments may vary based on availability. For the most current information, do not hesitate to contact us at info@energytraining.ae.

Who is the senior consultant teaching the training course?

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.

Do you offer customized training course for organizations?

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.

What types of training delivery do you offer?

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.

What kind of certificates do I get?

Upon successful completion of the training course, you will receive The Energy Training Centre Certificate of Completion with corresponding learning hours.

Registration, Fees & Payment

Do you offer corporate rates?

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.

Is there a discount for more than one registrant per training course?

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

What is included in the fees?

Classroom

Tuition fee for a 10-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

Online

Tuition fee for a 10-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

How can I pay for the training course?

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.

Can I transfer or defer my course registration?

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.

When should I expect to receive confirmation of registration?

Upon receiving your registration details, either via email at reg@energytraining.ae or through our online registration form, we will send you the following by email within 24-48 hours of registration.

Joining Instructions
Invoice/receipt (where appropriate)

How can I register for a course?

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.

Schedule, Duration & Timings

What is the course schedule or availability?

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.

What are your course timings?

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.

Is your online timings standard our can be adjusted?

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 suggest a suitable course timing for all.

How many hours in a day is your training course?

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

How long are your training courses?

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.

About Us - The Energy Training Centre

Does Energy Training Centre adhere to any quality management standards?

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.

Which industries do you cover?

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.

Is The Energy Training Centre certified or recognized by any industry standards?

Yes, The Energy Training Centre is certified and recognized by several prominent industry standards. Specifically, it holds certifications from ILM, Continuing Professional Development (CPD), and the Project Management Institute (PMI).

ILM (ID# 002398B) – This certification indicates that our training programmes meet high standards for leadership and management development, ensuring that they are designed to enhance participants’ skills in these critical areas.
Continuing Professional Development (CPD) – Our recognition by CPD reflects our commitment to providing educational opportunities that support ongoing professional growth and skill enhancement. This accreditation ensures that our training courses are relevant and effective for professionals seeking to advance their careers.
Project Management Institute (PMI) – Being recognized by PMI signifies that our training programmes align with industry best practices in project management. This certification assures participants that our offerings are in line with the standards required for effective project management and are valuable for those pursuing or maintaining PMI credentials.

These certifications underscore our dedication to providing high-quality, industry-relevant training that fosters professional growth and meets established standards. Additionally, we are actively pursuing further certifications and affiliations to enhance our offerings and ensure we remain at the forefront of industry best practices.

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