THE ROLE OF THE ENGINEER:
« Based on the foregoing, it is the considered that the Engineer’s Role will be far more involved in all activities of our business, not only as an integral part of the Engineering Insurance Team, but embracing all Insurance activities where technical know-how would benefit Underwriting and Business Management.
The Engineer’s Role would encompass:
a) Risk Services as outlined herein;
b) Direct Advice to Underwriters on:
1) Risk profiles,
2) Risk hazards requiring specific consideration,
3) Risks needing to be excluded from or restricted in Cover,
4) Conditions needing to be addressed before the granting of cover,
5) The Probable and Possible Loss features applicable to Risk factors;
c) Identification and Appraisal of technological advances and developments in all
spheres of Engineering;
d) Identification and Advice to Underwriters on deficiencies or weaknesses or
abnormal hazards affecting particular Risks;
d) Participation in Risk Management Teams of Major Clients. »
Source:IMIA WGP 15(01)E
risk glossary 