Study On Engineering Cost Consultation Professional Liability Insurance Rates Based On Risk Assessment

Since October 1,2015,China began to implement the new version of "construction project cost consultation contract(model text)"(GF-2015-0212).Text 4.2.2 of the new version consultation contract demonstration clearly indicates that the compensation for damages caused by the consultation is no longer settoplimit.Project cost is large,small errors will cause a greater loss.No longer settoplimit makes Engineering cost consultation occupational risk further increased.Engineering cost consultation industry is in urgent need to take measures to control or transfer risk.Internationally,the project cost consultation professional risk is the use of insurance to transfer,consulting engineers in the development of consulting business must be covered with professional liability insurance.Carry out the project cost consultation professional liability insurance will help the project cost consultation professional risk management,andhelp the exchange of China engineering cost consultation industry and the international consulting industry.Insurance rate determination is the first problem to carry out new types of insurance.At present,there are more than 80 kinds of commercial liability insurance in our country,among which the professional liability insurance is close to 20 kinds.Through the analysis of the existing more mature professional liability insurance rates,we find thatthe consideing influencing factors of existing professional liability insurance ratemaking is too little.Rate performance is too single.Existing rates can not be insured.There is no substantial correlation between the rate and the professional risk.Thoses makes that the different risk people pay the same insurance premium.It's not conducive to the promotion of new types of insurance.According to the principle of rate determination,this paper puts forward the use of risk assessment to determine the classification rate of engineering cost consultation professional liability insurance.Creatively integrate risk assessment with classification rate and risk factor assessment to determine the final premium rate.These are the basis for the development of engineering cost consultation professional liability insurance.First of all,this paper puts forward the need to establish the project cost consultation professional liability insurance in China through the background analysis.Then it puts forward the key problems that need to be solved in establishing the professional liability insurance of engineering cost consultation.Secondly,using the WBS-RBS decomposition method and the literature research methodidentify the engineering cost consultation occupational risk.Again,using the probability method,questionnaire and scoring method to identify the engineering cost advisory career risk assessment.Finally,by analogy method to determine a benchmark rate,combined with the risk assessment results to determine the basis of engineering cost consultation business rates.The adjustment coefficient of the base rate is determined by the influence factors of the insurance companies in the United States.By multiplying the base rate and the adjustment coefficient and the additional premium rate,the final premium rate of a single insured object can be obtained.In this paper,the risk assessment and classification rates are incorporated into the definition of professional liability insurance rates.Rate influencing factors used to adjust base rates.These works makes the rate more scientific and reasonable,achieving the difference of the insurance rates,improving the professional liability insurance premium rates over a single phenomenon.This study is conducive to the establishment and promotion of the engineering cost advisory professional liability insurance.