Off-Road Machinery Insurance Course
Online 300-hour course in off-road machinery insurance. 6 modules covering Ley 50/1980 de Contrato de Seguro, Directiva 2009/103/CE (motor vehicle civil liability insurance, amended by Directiva (UE) 2021/2118) and Guidewire PolicyCenter. Assigned tutor and open enrolment.
Take the controls.
Run a real engineering trade-off from this programme. Move the sliders, watch the model react in real time and beat the challenge.
What you will be able to do
Identify the insurable risks specific to off-road machinery.
Analyse the cover and policy wording of machinery breakdown, damage and liability insurance.
Assess a machine for underwriting purposes, applying technical and market criteria.
Calculate premiums and manage a portfolio based on claims data.
Handle a machinery claim from notification to settlement.
Interpret the legal framework of the insurance contract and insurance distribution.
Propose prevention measures that reduce the claims frequency of a fleet.
Who it's for
- Machinery risk underwriter looking to specialise in Off-Road Machinery Insurance.
- Machinery claims loss adjuster looking to specialise in Off-Road Machinery Insurance.
- Industrial insurance broker looking to specialise in Off-Road Machinery Insurance.
- Risk prevention engineer for insurable risks looking to specialise in Off-Road Machinery Insurance.
- Technical claims handler looking to specialise in Off-Road Machinery Insurance.
- Fleet insurance manager looking to specialise in Off-Road Machinery Insurance.
- Graduates in engineering or sciences seeking to enter insurance undertakings.
What you'll work with
- Law 50/1980 of Insurance Contract
- Directive 2009/103/CE (Vehicle Liability Insurance, amended by Directive (EU) 2021/2118)
- Royal Decree-Law 3/2020 (Distribution of Insurance and Reinsurance)
- Law 20/2015 (Ordering, Supervision and Solvency of Insurance Entities)
- Regulation (EU) 2023/1230 (machines)
- Royal Decree 1215/1997 (Work Teams)
- Directive (EU) 2016/97 (Insurance Distribution, IDD)
6 modules · 300 h
1.1What is insured: machine, attached equipment and accessories1.2Construction, agricultural, mining and forestry machinery1.3Value of the machine: new, market and accounting1.4Use, working hours and operating environment1.5Ownership, hire and machinery supplied under contract1.6Specific risks: overturning, fire, water and collision1.7Theft of machinery and components1.8Machinery breakdown and component failure1.9Differences from motor insurance1.10Workshop: risk sheet for a machinery fleet
2.1All-risks machinery cover: scope and exclusions2.2Accidental damage and operator error2.3Machinery breakdown and wear: the boundary2.4Cover during transport and transfer2.5Cover when parked, in storage and on site2.6Operational and use liability2.7Compulsory insurance when operating on public roads2.8Loss of income and replacement hire costs2.9Attached equipment and implements2.10Practice: comparative reading of two policy wordings
3.1Minimum information needed to underwrite a fleet3.2Machinery inventory and its maintenance3.3Age, condition and maintenance plan3.4Operators: training and authorisation3.5Anti-theft measures and custody on site3.6Geolocation and telematics as risk improvement3.7Valuation: reinstatement, market value and agreed value3.8Excesses per machine and in aggregate3.9Limits by location and accumulation within a fleet3.10Practice: quoting a machinery fleet
4.1Rating bases: value, machine type and use4.2Historical claims experience and its cleansing4.3Loadings for severe working environments4.4Discounts for prevention and for telematics4.5Reinsurance and capacity for high-value machines4.6Accumulation by site and by storage location4.7Programmes for hire companies and contractors4.8Monitoring portfolio profitability4.9Renewal and negotiation4.10Practice: profitability analysis of a portfolio
5.1First actions and claim notification5.2Machinery loss adjusting: criteria and difficulties5.3Repair, component replacement and spare parts5.4Repair timescales and parts availability5.5Total loss and salvage value5.6Claims due to operator error and lack of maintenance5.7Theft: investigation, recovery and recovery action5.8Machinery fires: common causes5.9Recovery against manufacturer, workshop or third party5.10Case study: excavator overturning on a slope
6.1Prevention recommendations and their follow-up6.2Maintenance as a condition of cover6.3Custody, fencing and access control on site6.4Hire contracts and risk sharing6.5Financed machinery: the financier's interests6.6Insurance certificates and evidence for clients6.7Fleet claims indicators6.8Operator training and its effect6.9Common mistakes when insuring machinery6.10Final project: insurance programme for an off-road fleet
How you'll learn
Training 100 % online on the SEIUM campus, with downloadable material, recorded lessons and an assigned technical tutor. No fixed timetables: students progress at their own pace within the intake, making it possible to combine with work.
Each module combines theory, guided reading of the original standard and applied exercises. The working software is Guidewire PolicyCenter, Guidewire ClaimCenter, advanced Excel, Power BI, Python (pandas), in free, academic or evaluation versions. Tests are studied using real procedures for machinery loss adjusting, on-site and operational risk inspections, and portfolio claims analysis. Assessment is continuous by module plus the final integrating project.
Build it end to end
Your final project follows the real engineering workflow, step by step, reviewed by your tutor.
Identify the insurable risks specific to off-road machinery.
Analyse the cover and policy wording of machinery breakdown, damage and liability insurance.
Assess a machine for underwriting purposes, applying technical and market criteria.
Calculate premiums and manage a portfolio based on claims data.
Handle a machinery claim from notification to settlement.
Where this takes you
Requirements
- No prior qualification is required.
- Internet connection and a computer capable of running the programme's software.
- Sufficient Spanish to follow technical regulatory reading.
Ready to start?
Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.
Frequently asked questions
The programme is 300 hours in total, spread over 3 to 5 months. That is an average of 10 to 15 hours per week, compatible with full-time work.
You will work with Guidewire PolicyCenter, Guidewire ClaimCenter, advanced Excel, Power BI, Python (pandas). Free, academic or evaluation versions are used, and the tutor indicates the free alternative where one exists.
An SEIUM own diploma upon passing the continuous assessment and the integrating project. It is in-house training, not an official qualification from the Ministry.
Yes. Modules passed in a course or postgraduate diploma in the same area are credited towards the advanced programme. Check the credit recognition policy when you enrol.
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