Tunnel risks

Duration: 90 minutes 

Civil infrastructure is increasing in scale and complexity to support rapid population growth. Especially in dense urban areas where free surface area is sparce, more and more civil infrastructure, including for transport and utilities, is being constructed underground.

Tunnelling projects feature a unique combination of risks, including the inherent uncertainties associated with ground conditions. To mitigate some of this risk, the tunnelling industry has been at the forefront of developing innovative new construction methods, such as tunnel-boring machines (TBMs). However, a residual risk always remains with tunnelling projects, and this is where construction insurance continues to play a vital role.

This seminar provides an overview of the different tunnelling methodologies, major risks, loss experiences, insurance aspects and a look-ahead. Following the event, participants will have a better understanding of how the light at the end of the tunnel can be achieved (figuratively speaking, from an insurers’ perspective), even on the most challenging projects.

• Background
• Tunnel construction
• Major exposures and loss experiences
• Tunnel insurance aspects
• The way ahead

Engineering underwriters and specialists with at least three years of 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.

English - professional business English skills required

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.

20 September 2023

Deadline for registration

19 September 2023