civil engineering exam for insurance purposes 3

[edouble]

has anyone out there heard of an exam that starting engineerings (just of out college) has to take for their employer/company? i'm not talking about the FE, or EIT.

it has something to do with insurance purposes, or it has something to do with the employer/company being able to receive some type of credit.

just wondering because i was approached by my "office manager" about it.

thanks in advance

 

[Focht3]

Some insurance carriers have risk management programs designed to heighten the awareness - and lower the risk - of professional employees. This often involves participation in continuing education, occasionally with a series of tests.

Ask the manager, "Why?" - and report the answer in this thread. I have to admit that I'm curious...



Please see FAQ731-376 for great suggestions on how to make the best use of Eng-Tips Fora.

 

[semo]

Yes, as Focht3 said, some insurance carriers provide a discounted professional liability premium if all employees who prepare specifications, contracts, plans, etc. take their risk management programs and pass the test associated with it. Some also provide discounts if your contracts contain a limit of liability clause.

Our firm does both of these on an routine basis in order to obtain a cheaper liability coverage. The benefit is that you will learn something about risk management when preparing contracts, selecting clientele, or preparing plans and specifications. Plus you typically can receive PDH's if your state requires them.

I have not found this to be a bad thing as of yet. It might be a little aggravating having to do this when you are busy; but, it can pay off in the long run.

Just my 2 cents.

 

[edouble]

thanks Focht3 & semo for your quick replies...

yes, both of you pretty much hit it on the head! our company's insurance (DPIC) has a professional liability education program that all engineers are required to take in order to be insured.

in addition to being aware of the current business practices, risks, liabilities, etc., taking this exam does qualify our company with some credit towards an insurance discount.

when i actually take the exam, i'll let you know more about it.

thanks again!

 

[GeoPaveTraffic]

I have taken their test,however, it has been several years. Unless it has changed, it is just a matter of reading the provided book and answering the questions. However, some of the questions are worded very oddly.

It was not uncommon for our corporate lawer to disagree with the "correct" answer.