In a time where severe weather events and natural hazards are increasing in frequency and intensity driving global insured catastrophes in record high values, the insurance sector is more than ever in need of reliable PML studies to determine the risk exposure of critical infrastructure against such extremes.

Our expertise

Our team can demonstrate a vast experience in PML studies across industries, sectors and geographies.  Our PML studies can help project owners and infrastructure operators rationalize their insurance coverage based on actual loss estimates, budget emergency response resources, and prioritize rehabilitation actions towards vulnerable and high-impact components.

How we work

When conducting PML studies it is essential to gain a good understanding of the infrastructure system with its specific attributes. Our asset and risk experts will retrieve design drawings, as-build plans,  workflows, maintenance logs and incident-reports, in order to create a digital representation of the physical system that encapsulates engineering, operational and cost data.

We then employ state-of-the-art catastrophe modelling integrating regional-hazard models, with asset-specific vulnerability models and BI simulations (for internal and external risks) to estimate losses for any given natural threat.

What we offer

Relevant projects

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  • Climate and Natural Disasters Risk
    Cross-sector

    Climate-aware Resilience for Sustainable Critical and Interdependent Transport, Energy, Systems, Lifelines and Assets

  • Climate and Natural Disasters Risk
    Road Transportation

    Probable maximum loss assessment for Attiki Odos highway

  • Climate and Natural Disasters Risk
    Road Transportation

    Enhancing climate resilience in urban mobility in Matola

  • Climate and Natural Disasters Risk
    Road Transportation

    Decision Support System for Increasing the Resilience of Transportation Infrastructure

  • Climate and Natural Disasters Risk
    Road Transportation

    Development of a Support Platform for Engineering Decisions: Application to Highways

  • Climate and Natural Disasters Risk
    Energy & Renewables

    Physical Risk Assessment for Protergia Plant

  • Climate and Natural Disasters Risk
    Energy & Renewables

    Probable Maximum Loss of an industrial plant in case of an earthquake

  • Climate and Natural Disasters Risk
    Insurance

    Design and implementation of a parametric insurance cover to mitigate earthquake risk of infrastructure systems