Course on Insurance and Risks in Water Projects
Online course of 300 hours in insurance and risk in water projects, structured in 6 modules covering project risks, risk management and quantification, construction and operational insurance, and contracts and claims under ISO 31000 and environmental liability law, with an assigned technical tutor.
Course on Insurance and Risks in Water Projects — studying from Ireland
Ireland's civil engineering sector is driven by public infrastructure investment in roads, water, housing and public transport, alongside rail projects such as Dublin's light rail and commuter rail upgrades. Transport Infrastructure Ireland sets standards for national roads, while Irish Rail and Iarnród Éireann operate and develop the rail network. Smart city initiatives in Dublin and other urban areas create demand for engineers working on sensors, data platforms and integrated mobility systems. Typical employers include contractors, consultancies, local authorities and public agencies, with Engineers Ireland providing professional recognition.
Fees for Ireland: €448 (Euro), with instalments and employer sponsorship available.
Relevant bodies in Ireland
Typical roles
Questions from Ireland
Is a SEIUM qualification recognised for chartered civil or rail engineering status in Ireland?
Chartered engineer status in Ireland is administered by Engineers Ireland, which sets its own criteria for membership and registration. Rail is regulated in part by the National Transport Authority and Irish Rail-related bodies, while building and infrastructure standards involve other authorities. SEIUM's qualifications are private and not accredited by any national body, so recognition is for those bodies and employers to decide.
Do Irish civil, rail and smart-city employers consider private online engineering study?
Irish infrastructure, consultancy and local authority employers usually weigh chartered status, project experience and relevant degrees heavily. A private online qualification may be considered as supporting evidence of skills, but its value is at each employer's discretion. We cannot promise any outcome, so discuss it with prospective employers.
Can I study alongside a site or office job, and is employer funding common?
The programme is online and taught in English, so you can study from home without travel or a student visa. Plan for 1,900 hours on a master's, 800 on a postgraduate diploma or 300 on a specialist course. Each student has an assigned technical tutor, fees can be paid in instalments, and employer sponsorship may be possible. Many Irish employers have continuing professional development budgets, so ask yours.
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 risks of water projects throughout their life cycle.
Quantify risks using qualitative and probabilistic methods.
Select suitable insurance for the construction phase.
Manage insurance and guarantees during the operation phase.
Apply environmental liability rules and their financial guarantees.
Analyse the allocation of risk in contracts.
Draw up a risk and insurance management plan.
Who it's for
- Project risk managers in the water sector.
- Engineering insurance specialists at insurers and brokers.
- Contract managers at water companies and contractors.
- Loss adjusters handling claims on hydraulic works.
- Environmental risk consultants.
- Hydraulic project managers.
- Engineering or science graduates looking to join insurers and brokerages.
What you'll work with
- ISO 31000 (risk management guidelines)
- Law 26/2007 (Spanish Environmental Liability Act)
- Royal Decree 2090/2008 (regulation partially implementing the Environmental Liability Act)
- Law 50/1980 (Spanish Insurance Contract Act)
- Law 38/1999 (Spanish Building Act)
- Law 9/2017 (Spanish Public Sector Contracts Act)
- UNE 150008 (environmental risk analysis and assessment)
- IEC 31010 (risk assessment techniques)
- Palisade @RISK
- Primavera Risk Analysis
- MIRAT
- Microsoft Excel
6 modules
1.1Life cycle of a hydraulic project1.2Technical, geotechnical and design risks1.3Construction and schedule risks1.4Natural risks: floods and droughts1.5Environmental and discharge risks1.6Contractual and regulatory risks1.7Operational and demand risks1.8Financial and exchange-rate risks1.9Risk register1.10Case study: risk register for a WWTP
2.1ISO 31000 risk management process2.2Risk identification and risk workshops2.3Probability and impact matrices2.4Quantitative analysis with Monte Carlo2.5Cost and schedule contingencies2.6Treatment: avoid, mitigate, transfer and retain2.7Response plans2.8Monitoring and review2.9Contractual allocation of risk2.10Practical exercise: Monte Carlo cost simulation of a pipeline
3.1Contractors' all risks insurance (CAR)3.2Erection all risks insurance (EAR)3.3General and cross liability3.4Professional indemnity3.5Ten-year (decennial) insurance and its application3.6Equipment transport insurance3.7Bonds and contractual guarantees3.8Exclusions and deductibles3.9Owner-controlled insurance programmes3.10Workshop: analysis of a contractors' all risks policy
4.1Material damage to facilities4.2Business interruption (loss of profits)4.3Environmental liability insurance4.4Financial guarantee under Law 26/20074.5Pollution liability4.6Cyber insurance for water operators4.7Extraordinary risks and the Spanish Insurance Compensation Consortium4.8Parametric rainfall and drought insurance4.9Claims management4.10Lab: environmental risk analysis with MIRAT
5.1Risk allocation in FIDIC contracts5.2Unforeseeable physical conditions5.3Force majeure and exceptional events5.4Time and cost claims5.5Contracts under the Spanish Public Sector Contracts Act5.6Water service concessions5.7Expert appraisals and loss adjustment5.8Dispute resolution5.9Lessons from troubled projects5.10Case study: claim for unforeseen ground conditions in a tunnel
6.1Description of the water project6.2Risk identification6.3Qualitative risk analysis6.4Quantitative risk analysis6.5Treatment strategies6.6Proposed insurance programme6.7Recommended contract clauses6.8Monitoring plan6.9Report and presentation6.10Final project: final review with the tutor
How you'll learn
100% online training on the SEIUM campus, with downloadable material, recorded classes and an assigned technical tutor. There are no fixed timetables: you progress at your own pace within the intake, so it fits around your job.
Each module combines theory, guided reading of the original standard and applied exercises. The working software is Palisade @RISK, Primavera Risk Analysis, MIRAT and Microsoft Excel, in free, academic or evaluation versions. Exercises are based on real procedures: building risk registers, Monte Carlo cost and schedule simulations and analysis of insurance policies. Assessment is continuous by module, plus the final integrated project.
Standards covered: ISO 31000, Law 26/2007, Royal Decree 2090/2008, Law 50/1980, Law 38/1999, Law 9/2017, UNE 150008, IEC 31010.
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
- No prior qualification is required.
- An internet connection and a computer able to run 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 300 hours over 3 months. You set your own pace within each intake, and your tutor helps you plan the workload around your job.
You work with Palisade @RISK, Primavera Risk Analysis, MIRAT and Microsoft Excel, using free, academic or evaluation versions. Your tutor indicates the free alternative wherever one exists.
A SEIUM Institute certificate, awarded on passing the continuous assessment and the final project. 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 are recognised in a higher programme in the same area (postgraduate diploma or master's). Ask about the recognition policy when you enrol.
No prior qualification is required; you need an internet connection, a computer able to run the programme software and enough English 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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