Globalvia Insurance Manager Advocated for Risk Shift
The transport group manager highlights how lifecycle risk engineering has accelerated insurance claim settlements.
Updated on Sept. 27, 2026 in Remote Work
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Belén Medina Vázquez, the insurance manager at transport infrastructure group Globalvia, has pushed for transitioning risk engineering from reactive loss prevention to a lifecycle tool. This shift aims to build greater resilience into assets beginning at the initial design phase.
Why it matters
By integrating risk management early in the asset lifecycle, companies can demonstrate stronger risk profiles to insurers. This strategic approach has directly contributed to faster claims resolutions and improved insurance terms for infrastructure investors.
A significant loss recorded in 2010 took six months to resolve, whereas a comparable insurance claim in 2026 reached a settlement in under two months. Current insurance market conditions show increased price stability and a return of capacity.
The players
Belén Medina Vázquez
She serves as the insurance manager at Globalvia and advocates for modernizing risk engineering practices.
Globalvia
The company operates as a global transport infrastructure group that manages various public and private assets.
The details
Insurance managers are increasingly leveraging improved information and structured stakeholder collaboration to expedite settlements. These efforts have allowed deductible levels to recover toward pre-pandemic norms while securing more favorable coverage terms.
Timeline
A major loss in 2010 required six months to reach resolution.
Deductible levels have returned to pre-pandemic benchmarks.
A comparable insurance claim was settled in under two months during 2026.
Market Landscape
The transition toward proactive lifecycle risk engineering marks a departure from the 2010 loss resolution process. By modernizing these protocols, companies are effectively positioning themselves to secure better capacity and pricing in a competitive reinsurance market.
The adoption of these risk strategies can lead to more predictable insurance costs and faster recovery times for infrastructure stakeholders. These efficiencies may eventually influence broader corporate budgeting by reducing the downtime associated with long-term insurance disputes.
The takeaway
Proactive risk engineering serves as a vital tool for improving corporate resilience and financial predictability. Companies that prioritize these metrics early in the lifecycle can expect significant improvements in claim settlement timelines.
What happens next
Commercial Risk is expected to publish its annual Risk Frontiers Survey at the upcoming Ferma Forum held in Rotterdam.
Further reading
For more on industry trends, explore our Remote Work section.
Source note: This article includes information reported by Commercial Risk.
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