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 India
India is investing heavily in infrastructure, including highways, metros, rail modernisation and smart city programmes. The Ministry of Road Transport and Highways, the National Highways Authority of India and the Ministry of Housing and Urban Affairs drive large projects, with delivery by firms such as Larsen & Toubro, Afcons and RITES. Metro rail projects in Delhi, Mumbai, Bengaluru and Chennai create steady demand for civil and systems engineers. The Bureau of Indian Standards sets construction and material codes, and the Indian Railways network is one of the largest in the world, offering wide scope for rail engineering careers.
Fees for India: ₹47,500 (Indian Rupee), with instalments and employer sponsorship available.
Relevant bodies in India
Typical roles
Questions from India
Which bodies in India recognise civil and rail engineers, and what does that mean for a private qualification?
In India, civil engineers are commonly recognised through the Institution of Engineers (India), the Indian Roads Congress for roads, and state or municipal registration for some public works. Railway engineering is governed by Indian Railways and its training institutes. SEIUM's qualifications are private and not accredited by a national body, so recognition is decided by employers or the relevant body.
Who employs civil, rail and smart city engineers in India?
Employers include Indian Railways, RITES, RVNL, state public works departments, municipal corporations, urban development agencies under smart city missions, and large construction and consulting firms. A private online qualification can add specialist knowledge, but employers generally prioritise professional registration, site experience and project records.
Is this programme manageable with a job in India, and what level of English is needed?
The programme is 100% online and taught in English, so you need solid working English. You can study from India without a student visa. Specialist courses take around 300 hours, diplomas 800 and master's about 1,900. Schedules follow IST, you get an assigned technical tutor, and fees can be paid in instalments. Ask your employer about sponsorship, as many organisations fund professional development.
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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