1 WP3 General Perspective By Thomas Dunand Hannover Re Forum Meeting 7 DG ENTR Brussels Framework Goal Facilitate Construction Insurance Access Underlying goals Free Trade ID: 246774
Download Presentation The PPT/PDF document "12 November 2014" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
Slide1
12 November 2014
1
WP3 – General Perspective
By
Thomas Dunand,
Hannover
Re
Forum Meeting 7,
DG ENTR, BrusselsSlide2
Framework
Goal:
Facilitate Construction Insurance Access
Underlying goals:
Free TradeConsumer protectionConstruction Quality
12 November 2014
2Slide3
Construction Regimes
A
systemic
perspective
12 November 2014
3
Insurance
Technology
Culture
Wealth
User
practices
Environmental conditions
Legal framework
Markets
System
ConfigurationSlide4
12 November 2014
4
Construction
RegimesSlide5
Construction Regimes - UK
“Anglo-Saxon” System
12 November 2014
5
Integrated
Solution
Voluntary
Market
driven
NHBCSlide6
Construction Regimes - France
“
Etatique
” System
12 November 2014
6
Segmented
Solution
Compulsory
Legal
basis
TIS
INSURERS
AQCSlide7
Construction Regimes - Denmark
“Corporatist” System
12 November 2014
7
Specific
Solution
Compulsory
Legal
basis
TIS
optionnal
DBDF
DBDF
auto
reporting
BYG-ERFA
SBiSlide8
Construction Regimes - Germany
12 November 2014
8
Differenciated
Solution
Insurance
/ Financial
Legal
/
Market
solution
T
Ü
V
Architectsinsurance
no centralized reporting
Contractorsfinancial
insurersSlide9
12 November 2014
9
Construction
RegimesSlide10
Construction Insurance
Guarantees
Scope :
Third Party Liability (TPL)Manufacturer (Product Liability) : productContractor : work
Architect / Engineer (PI) : design
Inherent
Defect Insurance (IDI
) : work
Energy Performance
Guarantees : work
12 November 2014
10Slide11
12 November 2014
11
Construction Insurance Regimes
Level of protection
Non consequential Financial Loss
Consequential Financial Loss
Whole building
Third
parties
Third
parties
Non consequential Financial Loss
Consequential Financial Loss
Whole Building
Damage to the work itself
Start of Work
Handover
+ 10 yearsSlide12
Expectation
of Policy Convergence mechanisms*
(*)
Christoph
Knill, Journal of European Public Policy, vol. 12:5 2005
12
Mechanism
Factors affecting convergence scope
Factors affecting convergence degree
Expected
convergence direction
Imposition
Reach of the imposing actor (individual country vs. international institution)
(by definition full convergence to imposed model)
No prediction possible
International harmonization
Number of member countries
Degree of legal specification
Upward shift for minimum harmonization
Capacity to enforce compliancePersistence for total harmonizationRegulatory competition
Market economy Trade-related policiesTrade dependenceUpward or downward shift for product standardsDownward shift for process standards
Transnational communicationApart from information about policy choices of other countries no particular restrictions applyDegree of existing similarity (number of adopters)Upward shift in case of policy promotion
For other mechanisms no prediction possibleCultural linkagesDegree of model specification
Similarity of policy legaciesDegree of inter-linkage into transnational networksIndependent problem-solvingNumber of countries that recognize similar problem
Degree of existing similarity across countriesNo prediction possibleSlide13
Improving the access
process …
11 June 2014
13
Insurance
Technology
Culture
Wealth
User
practices
Environmental conditions
Legal framework
Markets
Insurance
Technology
Culture
Markets
User
practices
Environmental conditions
Wealth
Legal framework
System Configuration Country A
System Configuration
Country BSlide14
... through transnational communication
Help insurers assess risks
Share pathology knowledge (EQEO)
Share QS identification (QS Directory)
Harmonize TIS
accreditationFacilitate
subscribing
Procedure guide (PSC national sites)
EU level complaint procedure (Mediator)
11 June 2013
14