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How can the Luxembourg Rail Protocol support the insurance sector?

In a new joint position paper, Helvetia Global Solutions Ltd and the Rail Working Group highlight how the Luxembourg Rail Protocol can help insurers better understand, assess and manage risks linked to railway rolling stock.

By introducing URVIS, a global identification system for rail assets, the Protocol strengthens transparency and traceability across borders. This can give insurers more reliable access to information on ownership, location, utilisation and maintenance, supporting more accurate risk assessment and potentially more efficient insurance solutions.

The paper also explains why Helvetia supports the Protocol: it enhances legal certainty, promotes investment, encourages standardisation, and contributes to the shift towards more sustainable mobility. For the insurance sector, this means fewer uncertainties, better risk calculation and new opportunities for tailored products such as usage-based insurance models.

As rail becomes increasingly central to decarbonising transport, the Luxembourg Rail Protocol offers a practical framework to make investment and insurance in rolling stock more secure, transparent and attractive.

Read the joint position paper either in English or German.