Previous Work

Euro Tunnel

SRSL was engaged in the provision of insurance-based risk management solutions to Euro Tunnel – a bi-national (Anglo-French company), which is responsible for the management and operation of the Channel Tunnel until December 2086.

Euro Tunnel is responsible for managing the tunnels, terminals and tracks between Folkstone, Kent and Coquelles near Calais. Consequently, the company required the highest level of safety, security, environmental protection and corporate governance.

SRSL completed the implementation of a tailor-made risk management strategy to meet the insurance needs to Euro Tunnel. The Euro Tunnel operation involves a massive and complex infrastructure. Every day, an average of 400 trains and shuttles travel through the Channel Tunnel, carrying some 40,000 people, 7,000 cars and 3,500 trucks. This further highlights the importance of a detailed risk management strategy, which took into account British and European safety, transport and environmental issues.

Swiss RE Tower

When the Swiss Reinsurance Company decided to change its headquarters to a striking building named the Swiss RE Tower, SRSL was instructed to handle the insurance management of the development. The building is approximately 500,000 square feet (making it the second highest structure in this area of town) and is located in the heart of the City on the site where the Baltic exchange building used to stand. With its distinctive “gherkin” shaped form and 40-storey height, it stands out as an icon from the cluster of buildings that make up London’s financial centre.

The service provided by SRSL included quarterly site visits, drafting detailed reports and issuing/following through risk recommendations. This formed part of the insurance programme devised for the client.

Heathrow Terminal 5

On November 2001, the Government announced its decision to approve the building of Heathrow’s Terminal 5. T5 allows Heathrow to maintain its position as Europe’s leading international airport and provide much needed state-of-the-art facilities to help meet the increasing demand to fly.

SRSL was responsible for the insurance-based risk management of the T5 tunnelling phase – one of the largest construction projects in the UK. It was a huge and complex construction programme, phase 1 alone consisted of 16 major interconnecting projects and 134 sub-projects. SRSL was instructed to risk manage the insurance programme for the T5 construction. This involved quarterly site visits, drafting detailed reports and issuing/following though on any risk recommendations.

The T5 Project included:
• the construction of a new terminal building
• construction of 41 aircraft stands
• two satellites

Channel Tunnel Rail Link (CTRL) project

The Channel Tunnel Rail Link (CTRL) project is a public-private partnership, which was set up to build a rail link from St Pancras London to the Channel Tunnel. The phased construction of CTRL began in October 1998 with the start of work on section one. Section one runs between the Channel Tunnel and Fawkham Junction in north Kent and was completed in September 2003. Work on section two began in July 2001 and completed the UK’s first high-speed line into central London.

SRSL has been employed to handle the insurance risk-based management of the project. A number of issues arose, requiring our expertise. SRSL has been involved with the area 200 contracts of the London tunnels, which includes contract 220 (Stratford railway to London West Portal – 7.5kms) and contract 240 (Stratford railway to Barrington Road, Ilford – 4.7kms). The intricate nature of the work carried out, coupled with the high-risk element of the construction work required a thorough risk management assessment and strategy.

The contracts with which SRSL has been involved are complex – contract 220 involved the excavation of the vent shaft at Corsica Street. Contract 240 involved the construction of the vent shafts at Barrington Road and Woodgrange Road.

SRSL is available to provide on-site assistance, drafting detailed reports and issuing/following through on any risk recommendations.