The International Association of Engineering Insurers. Access Bridge - Ceneri Tunnel, Gero Stenzel, Partner Re

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1 The International Association of Engineering Insurers About us Access Bridge - Ceneri Tunnel, Gero Stenzel, Partner Re

2 IMIA Mission and Focus IMIA is a network of experts in Engineering Insurance from around the world who share experience, investigate and discuss emerging and critical issues and elaborate papers discussing all kinds of topics of Engineering Insurance. The core value of IMIA is to offer a forum for understanding and promoting best practice in the field of Engineering Insurance and to make all information and documents available on the IMIA website for the benefit of the Engineering Insurance Community.

3 IMIA Message from the IMIA Chairman, Oscar Treceño IMIA is constantly expanding its range of activities and international scope and welcomes new applications of experts in Engineering Insurance for membership. Through the support and contributions from its members I am pleased to report that IMIA continues to strengthen its knowledge base. In 2016, the 49 th annual IMIA conference took place in October in Doha, Qatar. 103 delegates from National Associations, Insurance and Reinsurance Companies as well as Associate Members (loss adjusters, brokers and lawyers) attended the conference. Working group papers were presented on topics changing the risk landscape ranging from Cost Overrun in Construction Projects to Engineering Insurers Perspective on Cyber Risk. Papers on special topics were presented by guest speakers and panel discussions and break out sessions dealt with actual challenges the Engineering Insurance market is faced with. Around 30 participants attended IMIA s 2016 Engineering Underwriting Academy, which took place in Singapore and for the first time in Asia. IMIA s website is a significant source of Engineering Insurance knowledge and is being constantly developed by adding new information about latest developments. An IMIA Newsletter is circulated periodically to members. IMIA supports and participates in the launch of market initiatives. In November 2016, IMIA s Cyber Risk Paper was presented in a seminar in London jointly organised by LEG and Opera.

4 IMIA Executive Committee (EC) and Secretariat Chairman Oscar Treceño Helvetia Isurance Switzerland Secretary General Dr. Hans Mahrla Germany Olivier Hautefeuille SCOR UK England Guido Benz Swiss Re Switzerland Volkan Babür Mapfre Sigorta Turkey Matia Cazzaniga Zurich Insurance Switzerland Stephan Lämmle Munich Re Germany Richard Radevsky Charles Taylor Adjusting England Mike Robertson Liberty IU England Max Benz, XL Catlin Insurance Switzerland

5 IMIA Members and worldwide representation As per September 2016, IMIA consisted of 135 registered delegates in 38 countries: 85 delegates representing Insurance Associations and Insurance Companies 23 delegates representing Reinsurance Companies 10 delegates from Loss Adjusters, 9 from Brokers and 8 from Consultants

6 IMIA Premium and Claims Statistics Since the early times of IMIA, Member Countries reported on the Engineering Insurance Business and provided premium and claims data which IMIA consolidated in the IMIA Premium and Claims Statistics for the benefit of its members.

7 IMIA The Website a unique open source of Engineering Insurance knowledge More than 100 IMIA Working Group Papers More than 50 External Papers More than 35 Guest Presentations More than 25 Short Papers More than 100 Country Reports Annual Premium and Claims statistics Numerous claims examples Examples of Policy Wordings and Clauses

8 Topics on website dealt with by IMIA and its Members Technical Topics: Airports, Aluminium Production, Boilers, Bridges, Buildings, Cement Mills, Chip Board Factories, Combined Cycle Power Plants, Contractors Plant / Cranes, Cyber Risks, Dams, Desalination Plants, Electronic Equipment / Telecommunication, Gas Turbines, Generators, Harbours, High Rise Buildings, Hotels, Hydro Power Plants, New Technologies, Nuclear Power Plants, Offices and Malls, Offshore Windparks, Oil & Gas Industry, Ore Processing, Other Production Plants, Pipelines, Power Plants, Pulp and Paper, Railways + other Transportation Systems, Renewable Energy, Residential Buildings, Roads, Semiconductor Plants, Solar Cells, Steam Turbines, Steel Plants, Thermal Power Plants, Transformers, Transmission Lines, Tunnel Boring Machines, Tunnelling and Mining, Waste Treatment, Water Supply / Waste Water Works, Wet Risks, Wind Turbines. Other Topics: Engineering Insurance General, PML Calculation, BOT / Privately Financed Projects, Power Purchase Agreements, Claims Handling, Claims Reserving, Law and Jurisdiction, Risk Management / Loss Prevention, Tunnelling Code of Practice, Non-destructive Testing...

9 IMIA The Academy IMIA Academy in Singapore November 2016 Annual 5 day Engineering Insurance training course in Europe or Asia Final examination with certificate Experienced lecturers from IMIA member companies Up to 32 students from IMIA Members may participate in any course Jointly organised by IMIA and the German Insurance Association For information on courses contact the IMIA secretariat, Dr. Hans Mahrla

10 IMIA Conference Highlights 2016 in Doha Six Working Group Papers were presented on: Supercritical Boilers WGP 95(16) Cost Overrun in Project Insurance WGP 96(16) Construction Plant & Equipment WGP 97(16) Cyber Risks Eng. Insurers Perspective WGP 98(16) Nat Cat Modelling for Construction Risks WGP 99(16) Support for Excavations WGP 100(16) Guest Papers were presented on: How the local market works Qatar Adjusting Business Interruption Claims in Middle East War and Terrorism Collateral consequences for engineering and construction insurers Providing Insurance for Doha Metro Others activities and presentations included: Update on market developments in the last 12 months Presentation of Premium and Claims statistics Six break out discussion groups on selected topics Panel discussion on sustainability of the engineering market Site visit to Khalifa stadium construction site

11 IMIA Impression from the Doha Conference 2016

12 IMIA Contact Photo: 16m diameter tunnel boring machine at Seattle Alaskan Way Viaduct (Heiko Wannick, Munich Re) Contact IMIA: IMIA Secretary, Dr. Hans Mahrla: IMIA Secretariat: Utz Groetschel: Louis Wassmer: IMIA Chairman Oscar Treceño: IMIA the International Association of Engineering Insurers January 2017

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