Skip to main content

Marsh Specie Balance Mining Facility

Insurance for responsible precious metals operators

Independently certified mining operators to gain access to favourable underwriting consideration and discounts on the Marsh Specie Balance mining facility — backed by Marsh’s 25% share of the global specie market.

In today’s evolving precious metals market, mining companies are operating in an environment shaped by rising demand for high-end jewellery, growing interest in precious metals as an alternative asset class, and their enduring role as a safe haven during periods of geopolitical uncertainty. As investor and stakeholder expectations continue to rise, operators need insurance solutions that reflect both operational quality and responsible risk management.

The Marsh Specie Balance Mining Facility — backed by Marsh’s 25% share of the global specie market — gives mining companies that invest in responsible practices access to preferential underwriting consideration and potential premium discounts. Mining companies that achieve Digbee certification will be eligible for this treatment, creating one of the first clear financial incentives for sustainability performance within the mining sector.

Digbee is the mining sector’s dedicated sustainability assurance platform. Built specifically for the industry, it provides an independent, third-party verified assessment anchored in recognised global standards. By incorporating Digbee’s certification framework into the underwriting process, Marsh can better recognise operators that proactively manage risk and operate responsibly.

The Specie Balance Mining Facility provides up to US$500 million in coverage — with combined capacity up to US$2 billion — for precious and high-value mining assets. Marsh places approximately US$200 million of premium into the London specie market each year, representing the largest placement share of any broker. Backed by Marsh’s specialists, the facility offers a holistic view of risk and helps clients build insurance solutions aligned to their broader business priorities.

Our people

Charlie Horrell

Charlie Horrell

Managing Director - Fine Art, Luxury Brands & Specie, FINPRO - Specie

  • United Kingdom

Patrick McCahon

Patrick McCahon

Growth Leader, FINPRO Specie

  • United Kingdom

Bede Kemp

Bede Kemp

Account Executive

  • United Kingdom