SYNOPSIS

One of the basic principle of insurance is that contributions from the many to a pool to pay for the losses (in this talk specifically on FIRE losses) of the few unfortunates hence gives rise to the insurance industries. The manufacturing/service industries objective is to produce goods for the public and often require financial support from the financial industries by way of a loan. All the three parties work towards their own self-interest in order to be profitable.
Insurance industry employs Risk Engineers and one of the main objectives is to gather underwriting information. They can be generally categorized as follows:

• Surveyor merely to gather information in accordance to a standard format
• Risk surveyor to provide standard recommendations to mitigate losses from fire and explosion
• Risk Engineer who is a specialist and   would go into depth the concepts and standards related
   to the specific industry.

This talk will be on Risk Engineer, what you can learn from them AND how to address the issues listed in their report.


BIODATA OF SPEAKER

Ir. Gary Lim Eng Hwa
BE(Mech.) NZ, Mgt Dip. FIEM, P.Eng, Asean Eng.,
AT31000 (Approved ISO31000 Risk Management Lead Trainer)

Gary is a member of the Building Services Technical Division and member of the Fire Advisory Board of the Institution of Engineers, Malaysia. He has a degree in Mechanical Engineering from the University of Canterbury, New Zealand and a Management Diploma from New Zealand. He is a Professional Engineer registered with the Board of Engineers, Malaysia and a Fellow of the Institution of Engineers, Malaysia (IEM).  In 2016 he obtained Approved ISO31000 Risk Management Lead Trainer Certificate from G31000 Institution.

Currently, he conducts courses regularly on the concepts and design in the area of Fire Engineering and Plumbing Engineering at all the IEM branches in Malaysia. He also conducts courses with Malaysia Institute of Insurance on these topics: The Art of Property Underwriting Profitability and Essence of Survey Report; Applying Fire Engineering Knowledge in Property Survey and Loss Control; Enterprise Risk Management & Business Continuity Management.