Infrastructures

Infrastructures

In these types of works there are numerous incidents can arise and which can cause economic loss for the persons or entities involved in their design and execution or can cause damage to third parties. These circumstances determine the need for insurance.

In addition to those risks derived from the common elements of construction projects, the risk  factors associated with the construction of bridges, highways, railways, viaducts, dams or tunnels are even greater. This is due to the changeable environment in which the construction of these infrastructures takes place. For example, locations exposed to high risks of nature, orographical conditions such as slopes and accesses, the participation of numerous parties in the execution of complex works and the use of heavy machinery and equipment.

For these reasons, in MAPFRE Global Risks, we consider that in order to evaluate the quality of a project it is very important to establish the technical-economic characteristics.  As well as the most appropriate risk management methods, well in advance of the commencement of the works.

We can provide the most innovative solutions for large infrastructure construction projects and offer advice in risk management based on exhaustive planning, rigorous technical control and a strong commitment to successfully achieving compliance with the milestones and objectives set by our clients.

Infrastructure projects usually affect what it is typically referred to as public interest and, therefore, risk control and risk management are essential. Certain projects involve a large number of machines and heavy equipment that, due to their characteristics, have high values, poor manoeuvrability and require specialized and careful movement. In MAPFRE Global Risks we work closely with all the parties involved, creating communication is based on transparency and flexibility in decision making. We are a multinational team that works to constantly improve our service and to develop the best relationships with our clients, brokers, suppliers, shareholders and society.

Building new infrastructures, or improving upon existing ones, commences long before the machines start to work on site. Before that, there is a laborious process that begins when the need for the infrastructure has been determined. Subsequently, it is necessary to study different alternatives, economic cost and the environmental and social consequences of the works. Finally, the decision to carry out the most appropriate alternative is taken. The study must form part of the works execution project or works project, be coherent with the work to be undertaken and contain suitable prevention measures in accordance with the risks.

From the construction and testing stages through to the maintenance stage and once the works have been handed over, MAPFRE Global Risks accompanies its clients during the whole process to ensure effective handling of the most complex risks for all types of large infrastructure projects.