What is the real value of your insured assets?

Metro de Madrid S.A. asked itself this question and decided to move forward with a more practical, reliable, and strategic asset management approach.

Metro de Madrid manages one of the most important infrastructures in European public transport. Its operations depend on thousands of physical assets distributed across stations, tunnels, depots, and offices. In this context, having an accurate and up-to-date valuation of insurable assets became a key necessity.

At Intervalor, we carried out a consultancy service focused on the valuation of fixed tangible assets, with an emphasis on updating the Replacement Cost New (RCN) of all insurable assets of the group.

This work allowed for:

• A detailed accounting analysis of fixed assets, broken down by account, morphology, and location.
• Technical survey of key assets, establishing values aligned with the market.
• Application of professional valuation standards endorsed by RICS.
• Elimination of underinsurance and overinsurance risks.
• Optimization of contracted insurance premiums.
• Ongoing interaction with Metro’s technical teams.

The result was a valuation aligned with current market conditions, compliant with regulations, and fully prepared to withstand audits and insurance reviews.

For Metro de Madrid, asset valuation is no longer just a contractual requirement — it has become a powerful tool for decision-making, investment planning, and strengthening internal control.

Does your company have the certainty that the insured value of its assets truly represents their real replacement cost?