Mining

Having an insurance programme that identifies, manages, and transfers risk can enhance financial and operational resilience and help maintain business viability across the entire mining lifecycle.

The global mining industry faces many challenges: softer commodity prices, cost-management challenges, reduced access to finance, and increasing expectations around social, economic, and environmental engagement with host communities and regulators. Meanwhile, investors demand operational rigor and capital discipline to ensure appropriate returns from capital-intensive assets and projects.

In an industry where losses may be few, but significant, Marsh’s Mining Practice helps you to avoid, manage, and transfer risk across the entire mining life cycle, from capital raising to mine closure.

Our global team of industry experts understands the risk challenges faced by the mining and mineral processing industry, and are ready to work with you to help you reduce the probability and potential impact of a loss event and ensure your insurance programmes provide economic protection.

The result of Marsh’s mining industry expertise: robust, cost-effective risk management and risk transfer programmes that enhance the resilience of your business.

Related articles

Insurance programs will vary throughout the stages of the lifecycle and the operations of the business. However, they generally include:

  • Material damage and business interruption
  • Contractors all risks and delay in start up
  • Third party liability
  • Directors and officers liability
  • Marine cargo and stock throughput
  • Workers’ compensation
  • Security focused risks (i.e., political risks and political violence, terrorism and sabotage, kidnap, ransom, and extortion)
  • Cyber
  • Personal accident and life assurance

In the face of heightened volatility, organizational resilience is increasingly important. Risk management solutions can provide you with insights in relation to:

  • Review: Analyzing, modelling, and assessing the strategies, procedures, and safeguards that your company has in place from a project and corporate risk perspective.
  • Restructure: Designing new strategies for identifying and mitigating risk, including risk transfer program design.
  • React: Specific services to support your company in the event of a loss or if your company becomes distressed.
  • Recover: Managing the aftermath of an incident or loss, and enabling your company to get back to business as soon as possible.

Our people

Image placeholder

Adam Pai

Vice President, Construction Leader, Renewable Energy Leader

  • Taiwan