Cedric Wong

Senior Engineering Underwriter

Swiss Re

Presentation

11.50am – 12.10am: Cedric Wong and Patrick Bravery: ITIG Code of Practice for Risk Management of Tunnel Works – Initial findings of the review and next steps

In February 2018 the International Tunnelling Insurance Group (ITIG) launched a survey with the aim of reviewing the penetration and effectiveness of the Tunnel Code of Practice (Code) around the world.  The survey had real validity with over 120 respondents leaving in excess of 500 qualitative comments based on a range of positive and negative experiences of use of the Code, other Risk Management frameworks or indeed the lack of application of such.

The survey concludes that formal risk management processes are widespread and represent best practice on most projects and in most areas of the world. More than 90% of respondents reported that risk management has had a positive impact on the industry, supported by other initiatives such as Geotechnical Baseline Reports, Health & Safety legislation and the sharing of lessons learned.The survey also supported the suggestions of enhancing the Code’s consideration of Instrumentation & Monitoring and Digital Engineering methods (e.g. BIM). However, a key finding was that more effort is required to derive the full benefit of risk management at site level – to optimise the management of risk as the required actions arising from the Risk Management process. Patrick and Cedric will elaborate on the findings of the survey and expand on the current status of the project to review and revise the Code.

« Back