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Tunnel risks

How to reach the light at the end of the tunnel

Property & Engineering / Online seminar

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    April 30 - April 30 2025
    Online seminar, 9.00 a.m. - 10.30 a.m. (CEST)

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    Duration: 90 minutes

    General description

    To keep step with rapid population growth, both the scale and complexity of civil infrastructure are increasing. Especially in dense urban areas where free surface area is sparse, more and more civil infrastructure, including that used for transport and utilities, is being constructed underground.

    Tunnelling projects are accompanied by 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, there is always a residual risk in tunnelling projects, and this is where construction insurance continues to play a vital part.

    This seminar provides an overview of the different tunnelling methodologies, major risks, loss experiences, insurance aspects and a look ahead, including the use of Artificial Intelligence. After having attended, participants will have a better understanding of how the light at the end of the tunnel can be reached (figuratively speaking and from an insurer’s perspective), even in the most challenging projects.

    Contents

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

    Level

    Target group

    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.

    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.

    Date

    30 April 2025, 9.00 a.m. (CEST)

    Deadline for registration

    29 April 2025