Course in Insurance Policies for Smart Infrastructure
Online 300 h course in insurance policies for smart infrastructure. 6 modules covering IEC 62443 (cybersecurity of industrial systems), ISO 55001 (asset management) and Bentley iTwin (digital twin). Dedicated tutor and open enrolment.
Course in Insurance Policies for Smart Infrastructure — studying from Ireland
Ireland is an established international hub for insurance, reinsurance and captive insurance, with Dublin hosting a large concentration of insurers, brokers and actuarial functions. The Central Bank of Ireland regulates insurance undertakings and the sector's solvency and conduct requirements. Engineers and analysts in this area work on risk modelling, catastrophe analysis, pricing and data-driven underwriting, often combining technical, statistical and regulatory expertise. Professional qualifications and standards are maintained by the Society of Actuaries in Ireland and related bodies.
Fees for Ireland: €546 (Euro), with instalments and employer sponsorship available.
Relevant bodies in Ireland
Typical roles
Questions from Ireland
Which professional bodies in Ireland relate to this area, and is this qualification recognised by them?
In Ireland, actuarial work is associated with the Society of Actuaries in Ireland, and risk and data professionals may also look to bodies such as the Institute of Banking. SEIUM's qualifications are private and not accredited by any national body, so they do not confer membership or exemptions from these bodies. Confirm any exemption policies directly with the relevant institute before enrolling.
How is training like this typically viewed by employers in Ireland's insurance and risk sector?
Insurers and financial firms in Ireland generally value recognised professional qualifications most highly. A private online qualification is judged on its content and on your demonstrated skills, including your final project. Employers decide whether it is relevant to a given role, so it is best used to support existing experience rather than as a standalone credential.
What is the practical workload and language requirement for studying this online?
Programmes are taught entirely in English and delivered 100% online, so you can study from anywhere in Ireland or abroad. Workload depends on the programme length: specialist courses are 300 hours, postgraduate diplomas 800 hours and master's programmes 1,900 hours. Each student has an assigned technical tutor, and fees can be paid in instalments.
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
Identify the assets and risks of a smart infrastructure.
Analyse the contractual allocation of responsibilities between operators and providers.
Design cover for damage and breakdown of electronic equipment.
Integrate cyber risk and service continuity into the insurance programme.
Assess civil liability towards third parties and users.
Apply underwriting and project financing criteria.
Prepare an insurance programme for a smart infrastructure.
Who it's for
- Engineering risk underwriter looking to specialise in Insurance Policies for Smart Infrastructure.
- Risk engineer looking to specialise in Insurance Policies for Smart Infrastructure.
- Concessions insurance manager looking to specialise in Insurance Policies for Smart Infrastructure.
- Industrial cyber risk analyst looking to specialise in Insurance Policies for Smart Infrastructure.
- Large infrastructure broker looking to specialise in Insurance Policies for Smart Infrastructure.
- Insurance manager in project finance looking to specialise in Insurance Policies for Smart Infrastructure.
- Engineering or science graduates seeking to enter infrastructure and concessions.
What you'll work with
- IEC 62443 (cybersecurity of industrial systems)
- ISO 55001 (asset management)
- Directive (EU) 2022/2557 (resilience of critical entities)
- ISO 37122 (smart city indicators)
- ETSI EN 303 645 (cybersecurity of IoT devices)
- Law 8/2011 (protection of critical infrastructure)
6 modules · 300 h
1.1What makes an infrastructure smart: sensors, network and control1.2Types: street lighting, water, waste, mobility and public buildings1.3Asset layers: civil works, equipment, network and software1.4Ownership and operation: concessionaire, municipality and technology provider1.5Classic physical risks versus new digital risks1.6Interdependence with the electricity grid and telecommunications1.7Technological obsolescence and equipment useful life1.8Data generated and its legal and economic value1.9Asset inventory as the basis for underwriting1.10Workshop: insurable breakdown of a smart city project
2.1Concession and public-private partnership contracts2.2Risk allocation in the tender specifications: who assumes what2.3Service level agreements and penalties2.4Technology provider liability and manufacturer warranties2.5Non-contractual liability of the administration owner2.6Cybersecurity obligations applicable to essential services2.7Data protection for sensors and street cameras2.8Software intellectual property and service continuity2.9Contract assignment and change of operator2.10Guided reading of a smart infrastructure tender specification
3.1Material damage: civil works, cabinets, cabling and sensors3.2Machinery and electronic equipment breakdown3.3Electrical risk: surge, lightning and supply failure3.4Vandalism, cable theft and node sabotage3.5Weather events and flooding at street-level installations3.6Cover during assembly and commissioning tests3.7Valuation: replacement cost versus book value3.8Distributed equipment: accumulation and limits per location3.9Loss of profits and extraordinary operator expenses3.10Comparative reading of two electronic equipment policy wordings
4.1Incident scenarios: encryption, denial of service and data manipulation4.2Impact on public service and personal safety4.3Cyber policy: first-party damage and third-party liability4.4Response costs: forensics, notification and recovery4.5Interruption due to cloud provider failure4.6Liability for citizen data breaches4.7Administrative fines and their insurability4.8Technical requirements imposed by the insurer4.9Agreed continuity and recovery plans4.10Case study: incident in the traffic management system
5.1Structure of the operator's public liability policy5.2Damage from falling supports, manholes and street fixtures5.3Injuries caused by lighting or signage failure5.4Liability for automated system decisions5.5Metering error and incorrect billing to users5.6Cross-liability between municipality, concessionaire and provider5.7Damage to third-party networks during works and maintenance5.8Pollution from leaks in water and sewerage networks5.9Limits, sublimits and layer structure5.10Practical exercise: schedule of cover for a municipal concession
6.1Minimum information required to underwrite a smart infrastructure6.2Phased underwriting: construction, testing and operation6.3Rating: asset value, criticality and technological maturity6.4Insurance requirements in project finance6.5Guarantees and bonds versus insurance: what each instrument covers6.6Reinsurance and capacity for high-value projects6.7Technical and cybersecurity audit as a condition for renewal6.8Availability and loss ratio indicators6.9Transition between operators and continuity of cover6.10Final project: insurance programme for a smart street lighting concession
How you'll learn
Training is 100% online on the SEIUM campus, with downloadable material, recorded classes and a dedicated technical tutor. There are no fixed timetables: students progress at their own pace within the intake, making it possible to combine with work.
Each module combines theory, guided reading of the original standard and applied exercises. The working software is Bentley iTwin (digital twin), ArcGIS, Verisk Touchstone, Power BI, in free, academic or evaluation versions. The exercises are based on real inspection procedures for connected infrastructure risks, dependency and continuity analysis, and review of concession contracts. Assessment is continuous per module plus the final integrating project.
Build it end to end
Your final project follows the real engineering workflow, step by step, reviewed by your tutor.
Identify the assets and risks of a smart infrastructure.
Analyse the contractual allocation of responsibilities between operators and providers.
Design cover for damage and breakdown of electronic equipment.
Integrate cyber risk and service continuity into the insurance programme.
Assess civil liability towards third parties and users.
Where this takes you
Requirements
- No prior degree is required.
- Internet connection and a computer capable of running the programme's software.
- Sufficient level of Spanish to follow technical regulatory texts.
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 comprises 300 hours in total, spread over 3 to 5 months. That is between 10 and 15 hours per week on average, compatible with a full-time job.
You will work with Bentley iTwin (digital twin), ArcGIS, Verisk Touchstone and Power BI. Free, academic or evaluation versions are used, and the tutor will indicate the free alternative where one exists.
A SEIUM own diploma upon passing the continuous assessment and the integrating project. This is in-house training, not an official qualification from the Ministry.
Yes. Modules passed in a course or postgraduate diploma in the same area can be credited towards the higher programme. Please check the credit transfer policy when you enrol.
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