Mining Insurance
Insurance companies traditionally see the mining industry as high risk especially insurance classes such as property, workers compensation, motor and liability including environmental pollution. Across the industry, standard policy wordings are very rare because each risk poses its own challenges and exposures to be managed.
Mining, like the construction industry, is very contract-driven and requires an adviser who understands the industry to ensure the policy terms and conditions offered by the insurer manage as much risk as possible keeping in mind the contractual indemnities and obligations under those contracts.
Another factor that makes mining insurance very complex is the fact that due diligence and clear understanding of the contractual terms are required, this is particularly important for classes such as property/buildings, plant & machinery, workers compensation and energy.
We can help you find insurance for:
- Underground works,
- Workers’ compensation*
- Machinery
- Public liability
- Cranes and trucks
- Contract performance
- Hazardous and dangerous goods
- Directors and Officers liability
- Heavy motor and fleet
- Professional liability
- Transit freight
- Environmental and pollution
Technical insurance is also available for:
- Underground cover extensions
- Over water work cover
- Blasting
- Hotwork – above and/or below ground
- Consequential loss on plant and equipment
- Labour hire
- Underground abandonment of plant and equipment
- Down-hole cover for surveying equipment
- Contractual liability extensions
For a no-obligation insurance quotation, please contact us today.