Master’s in Insurance for Off-Highway, Mining and Construction Engineering
Online master's programme of 1,900 hours in Insurance Engineering for Off-Highway, Mining and Construction. 12 modules covering off-highway machinery, machinery safety, mining and construction risks, machinery, construction and mining insurance, fleet telematics, risk engineering, claims and loss adjustment, and portfolio rating, with an assigned technical tutor.
Master’s in Insurance for Off-Highway, Mining and Construction Engineering — studying from Canada
Canada has a major insurance and financial services sector, with headquarters and operations concentrated in Toronto and Montréal. Insurers and reinsurers rely on actuarial science, risk modelling and data analytics for pricing, reserving and capital management. Federal and provincial regulators oversee solvency, conduct and consumer protection. Engineers and data specialists with risk and modelling skills find roles at insurers, brokers, consultancies and regulatory bodies.
Fees for Canada: C$12,400 (Canadian dollar), with instalments and employer sponsorship available.
Relevant bodies in Canada
Typical roles
Questions from Canada
Is this programme recognised by professional bodies in Canada for insurance and actuarial data work?
SEIUM's qualifications are private, not official state degrees, and are not accredited by a national body in Canada. Actuarial credentials in Canada are governed by the Canadian Institute of Actuaries, and actuarial practice is regulated under provincial and federal rules. A private engineering qualification does not confer these credentials, so confirm recognition with employers or the relevant body yourself.
How might this qualification be used by employers in Canada in insurance or risk roles?
Insurers, banks and risk teams in Canada may value engineering-based data analysis and risk modelling skills, but how they regard a private qualification is their decision. Hiring in these sectors often depends on experience, professional exams and specific credentials. Your final project can serve as evidence of applied skills, though it does not guarantee any role or salary outcome.
What are the practical demands of studying this online from Canada?
Study is fully online and in English, and no student visa is required if you study from home. Programme lengths range from 300 to 1,900 hours, so consider how many hours a week you can commit alongside work. You are assigned a technical tutor for support. Fees can be paid in instalments, and some students receive employer sponsorship, which is possible but not guaranteed.
Take the controls.
Run a real engineering trade-off from this field. Move the sliders, watch the model react in real time and beat the challenge.
What you will be able to do
Analyse the technical risks of off-highway machinery.
Apply machinery and mining safety regulations.
Assess the specific risks of construction sites and mines.
Design machinery, construction and mining insurance programmes.
Use telematics data to rate risks and prevent losses.
Carry out technical loss adjustment of machinery claims.
Manage construction and mining insurance portfolios.
Who it's for
- Engineering and machinery underwriters covering contractors and plant.
- Machinery loss adjusters investigating breakdowns, fires and overturns.
- Construction risk engineers carrying out site surveys.
- Risk managers at mining companies responsible for insurance programmes.
- Machinery fleet managers in construction and rental companies.
- Construction insurance brokers placing project and equipment covers.
- Engineering or science graduates aiming to enter the construction sector.
What you'll work with
- Directive 2006/42/EC (EU Machinery Directive)
- Regulation (EU) 2023/1230 (EU Machinery Regulation)
- Royal Decree 1215/1997 (Spanish minimum safety requirements for work equipment)
- Royal Decree 863/1985 (Spanish General Basic Mining Safety Regulations)
- Royal Decree 1627/1997 (Spanish health and safety on construction sites)
- ISO 3471 (earth-moving machinery: roll-over protective structures)
- ISO 15143-3 (earth-moving machinery telematics data exchange)
- Law 38/1999 (Spanish Building Act, LOE)
- Caterpillar VisionLink
- Python
- Power BI
- @RISK
- Advanced Excel
12 modules · 1900 h
1.1Types of construction machinery1.2Surface and underground mining machinery1.3Agricultural and forestry machinery1.4Components: engine, hydraulics and undercarriage1.5Service life and depreciation1.6The machinery rental market1.7Manufacturers' telematics1.8Electrification of heavy machinery1.9Typical loss experience of equipment1.10Case study: claims analysis of an excavator fleet
2.1Machinery Directive 2006/42/EC2.2Machinery Regulation (EU) 2023/12302.3ROPS and FOPS structures2.4Visibility and person detection2.5Control systems and functional safety2.6Royal Decree 1215/1997 on work equipment2.7Operator training and certification2.8Statutory inspections2.9Accidents involving mobile machinery2.10Workshop: risk assessment of a machine on site
3.1Mining methods3.2Slope stability3.3Ventilation and underground atmospheres3.4Firedamp and dust explosions: preventive framework3.5Mining safety regulations3.6Tailings dams and their failure3.7Haulage in mines3.8Geotechnical risks3.9Mine closure and rehabilitation3.10Case study: risk analysis of a tailings dam
4.1Construction phases and associated risks4.2Excavations and earthworks4.3Cranes and load lifting4.4Work at height4.5Health and safety coordination4.6Civil engineering risks4.7Tunnels and underground works4.8Weather and natural hazards on site4.9Damage to third parties and affected utilities4.10Practical exercise: safety plan for earthworks
5.1Contractors' plant and equipment insurance5.2Machinery breakdown5.3Overturning and collision damage5.4Machinery theft5.5Machinery liability5.6Registrable machinery and compulsory insurance5.7Insurance for rental companies5.8Replacement value and actual value5.9Deductibles and excesses5.10Case study: contractor's equipment policy
6.1Contractors all risks6.2Contractor's liability6.3Ten-year latent defects insurance (decenal)6.4The Spanish Building Act (LOE)6.5Design risks and LEG clauses6.6Maintenance and warranty period6.7Advance loss of profits6.8Coordination with public contracts6.9Surety insurance6.10Practical exercise: insurance structure for a civil works project
7.1The mining insurance market7.2Material damage to facilities7.3Business interruption in mining7.4Environmental liability7.5Financial guarantees for rehabilitation7.6Tailings dam risks and liability7.7Insurance for ore transport7.8Political risk in international mining7.9Global mining programmes7.10Case study: insurance programme for a mine
8.1ISO 15143-3 machinery telematics standard8.2Working hours and utilisation8.3Fault codes and diagnostics8.4Geolocation and geofences8.5Detection of misuse8.6Theft prevention8.7Predictive maintenance8.8Usage-based rating8.9Integration with management systems8.10Lab: analysis of machinery telematics data
9.1Risk surveys of construction sites and mines9.2Fire prevention in machinery9.3On-board fire suppression systems9.4Security of machinery yards9.5Maintenance and loss experience9.6Contractor management9.7Safety indicators9.8Safety culture9.9Risk recommendations9.10Workshop: risk survey of a machinery yard
10.1Machinery loss adjustment10.2Root cause analysis of breakdowns10.3Oil and wear analysis10.4Machinery fires10.5Overturns and accidents10.6Construction site claims10.7Theft and recovery10.8Recoveries against manufacturers10.9Major mining losses10.10Practical exercise: loss adjuster's report on a machinery fire
11.1Exposure: hours, value and machine type11.2Frequency and severity models11.3Rating of construction projects11.4Rating of mining risks11.5Accumulations on site11.6Contractor's loss experience11.7Profitability by segment11.8Construction reinsurance11.9Dashboards11.10Lab: rating a machinery fleet
12.1Selection of the sector and case12.2Technical analysis of the activity12.3Risk identification12.4Exposure assessment12.5Design of the insurance programme12.6Preventive measures12.7Economic analysis12.8Conclusions12.9Master's Thesis report12.10Master's Thesis: defence before a panel
How you'll learn
100% online training on the SEIUM campus, with downloadable materials, recorded classes and an assigned technical tutor. There are no fixed timetables: you progress at your own pace within each intake, so the programme is compatible with work.
Each module combines theory, guided reading of the original standard and applied exercises. The working software is Caterpillar VisionLink, Python, Power BI, @RISK and advanced Excel, in free, academic or evaluation versions. Exercises are based on real procedures: loss adjustment of breakdowns and fires in heavy machinery, rating machinery fleets with telematics data, and risk surveys of construction sites and mining operations. Assessment is continuous by module, plus the final Master's Thesis.
Standards covered: Machinery Directive 2006/42/EC, Machinery Regulation (EU) 2023/1230, Royal Decree 1215/1997 on work equipment, Royal Decree 863/1985 (General Mining Safety Regulations), Royal Decree 1627/1997 on construction site health and safety, ISO 3471, ISO 15143-3 and Law 38/1999 on Building (LOE).
Build it end to end
Your final project follows the real engineering workflow, step by step, reviewed by your tutor.
Where this takes you
Requirements
- University degree in engineering, science or architecture, or equivalent demonstrable professional experience.
- Internet connection and a computer capable of running the programme software.
- English sufficient to read technical standards.
Ready to start?
Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.
Frequently asked questions
The programme totals 1,900 hours over 12–14 months. You set your own pace within each intake, and your tutor helps you plan the workload around your job.
You work with Caterpillar VisionLink, Python, Power BI, @RISK and advanced Excel, using free, academic or evaluation versions. Your tutor indicates the free alternative wherever one exists.
A SEIUM Institute diploma, awarded on passing the continuous assessment and the Master's Thesis. It is SEIUM's own qualification, not an official state degree; its recognition depends on the programme completed and the regulations of each country.
Yes. Modules passed in a course or postgraduate diploma in the same area are recognised in the higher programme. Ask about the recognition policy when you enrol.
A university degree in engineering, science or architecture, or equivalent professional experience, plus a suitable computer and English sufficient to read technical standards.
Start dates are set by SEIUM's faculty for each intake. Our admissions team will confirm the next available date when you apply.
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