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Insuring Privately Financed Projects

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$148.50 (inc GST) $135.00 (exc GST)
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Product Description

A research report from The Insurance Institute of London (IIL). This 185 page book will provide valuable information for insurance practitioners involved in PPP projects and also be a useful background resource for other parties involved in PPP procurement.

Authors: IIL Research Study Group 259

ISBN: 9780900493881

Published Date: IIL,  November 2009

Binding Format: Soft cover

PPP (Public Private Partnership) or PFI (Private Finance Initiative) projects have now embedded themselves in the public procurement processes and have been used to facilitate new infrastructure in areas as diverse as prisons, roads and aviation. The benefits of the approach, in terms of greater efficiencies and risk transfer to the private sector maens PPP programmes are well advanced in a number of countries around the world.

This report has brought together practitioners from a variety of disciplines and companies. It examines the insurance approach to PPP projects from a variety of angles and seeks to provide basic information on project structures and the insurance implications from the point of view of sponsors, authorities, lenders and insurers. The book focuses on the claims handling issues arising from the structures of PPP projects, the regulatory framework and provides an outline of PPP project activity in other established and emerging markets.

 

The Insurance Institute of London (IIL), by far the largest in the UK, was established in 1907 and today has over 17,500 members. IIL's objective is to raise professional knowledge of those working in insurance and assist them in their career development through a combination of lectures, an annual journal and facilitation of Research Study Groups (RSG). RSG's are formed to research specialised areas of insurance. They are lead and their members are drawn from those with acknowledged expertise in the particular areas being researched. The comprehensive reports subsequently produced and published are highly regarded and well received both in London and around the insurance world.


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