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Master’s in Mobility Insurance Product Design Engineering (MaaS, On-Demand, Microinsurance)

Online master's programme of 1,900 hours in mobility insurance product design engineering (MaaS, on-demand, microinsurance), structured in 12 modules covering new forms of mobility, product governance, design methodology, on-demand and embedded insurance, microinsurance, parametric insurance, pricing new products and launch, with an assigned technical tutor.

Duration1900 h
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute diploma
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Learning outcomes

What you will be able to do

01

Analyse the risks of new forms of mobility.

02

Apply insurance product oversight and governance.

03

Design user-centred products.

04

Create on-demand and platform-embedded insurance.

05

Design microinsurance and parametric insurance.

06

Price products without claims history.

07

Plan the launch and scaling of the product.

Profile

Who it's for

  • Insurance product designers.
  • Embedded insurance managers.
  • New product actuaries.
  • Platform partnership managers.
  • Insurtech analysts.
  • Product compliance managers.
  • Engineering or science graduates seeking to enter the insurance sector.
Standards & tools

What you'll work with

  • Law 50/1980 on Insurance Contracts (Spanish insurance contract law)
  • Directive (EU) 2016/97 (insurance distribution)
  • Delegated Regulation (EU) 2017/2358 (product oversight and governance)
  • Royal Decree-Law 3/2020 (Spanish transposition of insurance distribution)
  • Royal Legislative Decree 8/2004 (civil liability and insurance in motor vehicle traffic)
  • Royal Decree 970/2020 (personal mobility vehicles)
  • Regulation (EU) 2022/2554 (DORA) (digital operational resilience)
  • Figma
  • Python with pandas
  • Guidewire InsuranceSuite
  • Postman
Syllabus

12 modules · 1900 h

  1. 1.1Mobility as a Service
  2. 1.2Car sharing and per-minute rental
  3. 1.3Personal mobility vehicles
  4. 1.4Shared bikes and motorbikes
  5. 1.5Ride-hailing platforms
  6. 1.6Last-mile delivery
  7. 1.7Corporate employee mobility
  8. 1.8Emerging risks of new mobility
  9. 1.9Existing coverage gaps
  10. 1.10Case study: risk map of an e-scooter platform
  1. 2.1Insurance Contract Act
  2. 2.2Insurance Distribution Directive
  3. 2.3Product oversight and governance
  4. 2.4Defining the target market
  5. 2.5Pre-contractual information for the customer
  6. 2.6Compulsory motor vehicle insurance
  7. 2.7Regulation of personal mobility vehicles
  8. 2.8Local mobility regulations
  9. 2.9Consumer protection
  10. 2.10Laboratory: defining the target market of a product
  1. 3.1User needs research
  2. 3.2Customer journey maps
  3. 3.3Value proposition
  4. 3.4Product prototyping
  5. 3.5User testing
  6. 3.6Iteration and learning
  7. 3.7Success indicators
  8. 3.8Design governance
  9. 3.9Multidisciplinary product teams
  10. 3.10Practical exercise: journey map of a car-sharing user
  1. 4.1Activating and deactivating cover
  2. 4.2Per-trip insurance
  3. 4.3Hourly and daily insurance
  4. 4.4Usage-based pricing
  5. 4.5Instant activation technology
  6. 4.6Mobile app experience
  7. 4.7Risk of adverse selection
  8. 4.8On-demand claims handling
  9. 4.9Market cases
  10. 4.10Case study: per-trip insurance for occasional drivers
  1. 5.1The concept of embedded insurance
  2. 5.2API integration
  3. 5.3Partnerships with mobility platforms
  4. 5.4Revenue sharing
  5. 5.5Distributor liability
  6. 5.6Frictionless purchase experience
  7. 5.7Data shared with the platform
  8. 5.8Shared reputational risks
  9. 5.9Partnership contracts
  10. 5.10Practical exercise: designing a quotation API
  1. 6.1Concept and principles of microinsurance
  2. 6.2Low-value products
  3. 6.3Simple, understandable covers
  4. 6.4Mass and digital distribution
  5. 6.5Administration costs
  6. 6.6Microinsurance for delivery riders
  7. 6.7Microinsurance in emerging markets
  8. 6.8Financial and insurance inclusion
  9. 6.9Measuring customer value
  10. 6.10Case study: microinsurance for platform delivery riders
  1. 7.1Principles of parametric insurance
  2. 7.2Indices and triggers
  3. 7.3Basis risk management
  4. 7.4Transport delay insurance
  5. 7.5Weather insurance for mobility
  6. 7.6Official data sources
  7. 7.7Automatic claims payment
  8. 7.8Smart contracts on blockchain
  9. 7.9Regulatory fit of parametric products
  10. 7.10Laboratory: designing a parametric delay insurance
  1. 8.1User third-party liability
  2. 8.2Own damage to the shared vehicle
  3. 8.3User personal accident
  4. 8.4Theft and vandalism
  5. 8.5Operator liability
  6. 8.6Covers for platform drivers
  7. 8.7Mobility assistance
  8. 8.8Exclusions and limitations
  9. 8.9Plain-language policy wording
  10. 8.10Practical exercise: policy wording for e-scooter insurance
  1. 9.1Pricing without own claims history
  2. 9.2Platform exposure data
  3. 9.3Benchmarking and external data
  4. 9.4Assumptions and prudence margins
  5. 9.5Demand-based dynamic pricing
  6. 9.6Early claims monitoring
  7. 9.7Post-launch adjustments
  8. 9.8Reinsurance of new products
  9. 9.9Expected product profitability
  10. 9.10Case study: initial tariff for car-sharing insurance
  1. 10.1Cloud insurance platforms
  2. 10.2Digital policy issuance
  3. 10.3Automated claims management
  4. 10.4Fraud detection
  5. 10.5Digital customer service
  6. 10.6Integration with mobility platforms
  7. 10.7Cybersecurity of the solution
  8. 10.8Digital operational resilience
  9. 10.9Selecting technology providers
  10. 10.10Practical exercise: architecture of a digital product
  1. 11.1Launch plan
  2. 11.2Market pilot tests
  3. 11.3Digital marketing of the product
  4. 11.4Adoption indicators
  5. 11.5Managing the initial portfolio
  6. 11.6Product review
  7. 11.7Scaling to new markets
  8. 11.8Strategic distribution partnerships
  9. 11.9Lessons from failed products
  10. 11.10Case study: scaling an on-demand insurance product
  1. 12.1Selection of the mobility segment
  2. 12.2User research
  3. 12.3Value proposition for the segment
  4. 12.4Cover design
  5. 12.5Initial product pricing
  6. 12.6Distribution model
  7. 12.7Regulatory compliance check
  8. 12.8Product launch plan
  9. 12.9Thesis report
  10. 12.10Master's Thesis: defence before a panel
Methodology, software & labs

How you'll learn

100% online training on the SEIUM campus, with downloadable material, recorded classes and an assigned technical tutor. There are no fixed timetables: you progress at your own pace within the intake, so the programme can be combined with work.

Each module combines theory, guided reading of the original standard and applied exercises. The working software is Figma, Python with pandas, Guidewire InsuranceSuite and Postman, in free, academic or evaluation versions. Testing is studied through real procedures for designing on-demand insurance products, prototyping embedded insurance and pricing products without claims history. Assessment is continuous by module, plus the final Master's Thesis.

Standards covered: Law 50/1980 on Insurance Contracts, Directive (EU) 2016/97, Delegated Regulation (EU) 2017/2358, Royal Decree-Law 3/2020, Royal Legislative Decree 8/2004, Royal Decree 970/2020, Regulation (EU) 2022/2554 (DORA).

Assigned technical tutor:every module ends with a deliverable that your tutor marks individually.
Standards-based learning:guided reading of Law 50/1980, Directive (EU) 2016/97 and Delegated Regulation (EU) 2017/2358 applied to real cases, not as a theoretical annex.
Industry software:Figma, Python with pandas, Guidewire InsuranceSuite and Postman, in free, academic or evaluation versions.
Master's Thesis with defence:a complete insurance product for a mobility segment, from user research and cover design to pricing, distribution, compliance and launch plan, defended before a panel.
Flexible format:100% online, no fixed timetables, compatible with full-time work.
Capstone project

Build it end to end

Your final project follows the real engineering workflow, step by step, reviewed by your tutor.

Risk and user research
Map the risks of a mobility platform and the journey of its users.
Product design
Design a per-trip or parametric delay insurance with clear policy wording.
Embedded distribution
Design a quotation API for embedding the product in a mobility platform.
Pricing and architecture
Set an initial tariff without claims history and define the digital product architecture.
Master's Thesis
Design, price and plan the launch of a mobility insurance product, defended before a panel.
Career opportunities

Where this takes you

Insurance product designerEmbedded insurance managerNew product actuaryPlatform partnership managerInsurtech analystProduct compliance manager
Admissions & scholarships

Requirements

  • University degree in engineering, science or architecture, or equivalent demonstrable professional experience.
  • Internet connection and a computer capable of running the programme's software.
  • English sufficient to read technical standards.

Ready to start?

Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.

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FAQ

Frequently asked questions

The programme totals 1,900 hours over 12–14 months. You set your own pace within each intake, and your tutor helps you plan the workload around your job.

You work with Figma, Python with pandas, Guidewire InsuranceSuite and Postman, using free, academic or evaluation versions. Your tutor indicates the free alternative wherever one exists.

A SEIUM Institute diploma, awarded on passing the continuous assessment and the Master's Thesis. It is SEIUM's own qualification, not an official state degree; its recognition depends on the programme completed and the regulations of each country.

Yes. Modules passed in a course or postgraduate diploma in the same area are recognised in the higher programme. Ask about the recognition policy when you enrol.

A university degree in engineering, science or architecture (or equivalent professional experience), a computer able to run the software and English sufficient to read technical standards.

Start dates are set by SEIUM's faculty for each intake. Our admissions team will confirm the next available date when you apply.

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