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Client Seminars
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Technologies and insurance solutions

One week exclusive premium training

Engineering / On-site seminar

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    October 9 - October 13 2023
    On-site seminar (Munich Re training centre), 09.30 a.m. (CEST)

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    Duration: 9 Oct 9.30 a.m. – 13 Oct 1.30 p.m. 

    General description

    The world of engineering has always been distinguished by stunning innovation and rapid change. Engineering insurance is currently under pressure in many markets.

    Developments such as digitalisation, cyber risks, new production/construction methods and the increasing size and complexity of projects bring new risks, as well as new business opportunities. These developments are fast-moving and require increasing risk expertise and partnerships to keep pace.

    This seminar deals with a variety of risks, from infrastructure schemes and industrial plants to special coverage concepts for projects under construction or in operation. Construction methods and plant technology are examined from the insurer’s perspective. Participants benefit from Munich Re’s long‑standing global risk insights and resources.

    Contents

    • Briefing on technology background (construction, energy)
    • Identification of risk exposure
    • Determining insurance terms and conditions
    • Risk evaluation
    • Handling loss-of-profit covers
    • A whole day is allocated exclusively to “energy” (oil and gas, power generation including gas turbines) and will also touch on the application of risk transfer solutions to promote more sustainable energy production through the use of renewable energy sources)
    • A further 1.5 days are allocated to “construction” and will cover the technical aspects of infrastructure, bridges and tunnel risks, as well as a workshop on underwriting aspects
    • The last half-day will cover the special topics of IDI/decennial, new technologies like building information modelling (BIM), and cyber risk in engineering. 

    Participants will acquire practical and theoretical experience through active participation in workshops. In the course of this seminar, there will be opportunity for individual, personal exchange with our Client Managers and our Engineering experts.

    Level

    Target group

    Engineering underwriters and specialists with at least 3 years’ experience in engineering insurance and technical risk assessment. Basic knowledge of the standard wordings and coverage concepts for the engineering lines of business is considered a prerequisite.

    Language

    English – Professional business English skills required 

    Registration process

    Our seminars are provided to our most valued clients only. If you are interested in participating, please get in touch with your client manager or responsible underwriter at Munich Re.

    Location

    Munich Re training centre, Munich, Germany

    Date

    9 October - 13 October 2023

    Deadline for registration

    31 August 2023