مسار بولونيا

علي سعد علوان

السنة عنوان البحث نشر البحث
2020 Evaluating the reality of risk management of industrial and construction projects with engineering insurance: a case study – in the National Insurance Company مجلة كلية الادارة والاقتصاد / الجامعة المستنصرية
Abstract The research aims to know the role of the National Insurance Company in achieving an assessment of the reality of risk management in construction and industrial projects in Iraq, and what the reform process needs for discontinued projects that are under construction after the insurance industry has realized how much the projects need to cover to protect our Iraqi national economy. The research acquires its importance because the National Insurance Company contributes to achieving development in construction and industrial projects with engineering insurance. The research problem is summed up in knowing whether the insurance company can cover the dangers in most projects with engineering insurance and whether it has a role in addressing the risks to which the projects are exposed. The National Insurance Company was chosen as it is the largest company in Iraq that practices engineering insurance within its organizational and geographical branches. The research adopted the case study approach. The research tool was to analyze the performance of the company in engineering insurance for the period (2004 to 2018) and use the checklist to find the size of the gap between the expected risks in projects and the compensations in engineering insurance and the actual reality in the company using some statistical methods and tools. The research reached to some conclusions, the most important of which is that the engineering insurance gap reached (13.5%), which is a good percentage indicating the company's strengths and that the emergence of this gap is due to the disparity in premiums due to reasons including energy and oil projects premiums, which are not typical, as a plan is prepared by the client each year according to the work schedule, as the size of the premium varies with the amount of work performed. Keywords: Industrial and Construction Project Risk Management, National Insurance Company, Engineering Insurance