Insuring Ground Risk

FREE CPD SEMINAR 12 May 2020

Insuring Ground Risk

We welcome all members & guests to attend a lunch time seminar which will be presented by Mr Tony Bracegridle from Geotechnical Consulting Group.

Overview

In recent years there have been major losses in the market in certain areas of engineering and a hardening of the market in response, extending not only to commercial markets, but also to domestic markets. The discussion will be focussed on why geotechnical losses form such a large part of the total. In particular losses in relation to tunnelling, marine works and warehouse foundations are noteworthy in the commercial arena, along with protracted disputes on home insurance in the domestic area will be discussed.

Learning Objectives

By attending this event, delegates will be able to identify:

• geotechnical uncertainty, geohazards and risk;
• how current procurement practice leads to increased exposure;
• what is so special about tunnelling risk and marine risk;
• the warehouse floor problem;
• problems for insurers in the domestic market.

About the speaker

Mr Bracegirdle is a civil engineer specialising in geotechnics. He is a Senior Partner at the Geotechnical Consulting Group in London and former Chair of the British Geotechnical Association. He has been involved with numerous investigations of failures of tunnels and other major infrastructure in South America, Asia and the Middle East and given evidence in different jurisdictions including the UK Technology Courts, the International Chamber of Commerce and the International Court of Justice. He also regularly assists insurers and brokers in responding to difficult technical issues and emergency engineering works.

Cases of note include the Gabcikovo- Ngymaros Power, heard in the ICJ, Associated British Ports v Hydro Soil Services in the TCC (London), and Eurochem v Shaft Sinkers in the ICC (Zurich). His current work load includes five international disputes with combined losses of about US$2billion.

It will be held at the Hampshire Suite at The Ageas Bowl on 12 May 2020

from 12.15pm until 1.45pm. Tea, coffee, pastries and hot sausage rolls will be available.