Mining Risk Management & Insurance Broker

Mining is all about taking the right risks

Every mining company has to take calculated risks in order to be successful. For over two decades, Gallagher has helped those with mining operations and investments across the globe to manage risk at all stages of the project lifecycle.

The diversity and depth of our experience means our clients, ranging from miners and contractors to traders and financiers, value our advice not just as their insurance broker, but as a trusted risk management partner.

The Gallagher mining insurance team collectively has established capability to access global specialist mining insurance markets from offices in New York, London, Singapore, Perth, Brisbane and Johannesburg. Our international experience and capability has helped us achieve a pre-eminent position in the mining sector. Our global mining team works with 500+ mining clients with operations, projects and investments across the globe and service clients in over 30 countries, across more than 25 diverse commodities, from gold and silver to lithium and uranium.

Our specialist services include:

Risk Analysis
Risk Profiling
Property Loss Control
Contract Review and Advice
Claims Management
Insurance Due Diligence
Captive Management Advice
Country Risk Reviews
Gold Room Security

Your mining risk management and insurance partner

By enabling our clients to identify, mitigate and transfer risk effectively through the volatility of commodity cycles, they in turn are better placed to secure new commercial opportunities. So whatever keeps you awake at night, we have probably dealt with it. From cover for open-pit or underground mining, processing plants and associated equipment, business interruption, construction and/or refurbishment of property, cargo risks, personal accident and even kidnap and ransom, we can do the job.

Our service offering is built on strong personal relationships and underpinned by deep knowledge of your business drivers and risks. Your personalised risk and insurance program is planned, designed and executed with the involvement of our senior mining experts and that makes all the difference.

Placing insurance is just the start of the relationship, the true test is when you have a claim. By partnering with us, you will benefit from our dedicated claim’s service, offering you superior negotiation, support and collection outcomes.

Risk solutions include:

Alternative Risk Transfer
Bullion and Crime
Business Interruption
Care & Maintenance Programs
Charterers Liability
Construction Programs
Corporate Travel
Credit Risk Transfer
Cyber Risk
Delay in Start-up Cover
Directors & Officers Liability
Employment Practices Liability
Environmental Impairment Liability
Expatriate & Inpatriate Medical Expenses
Kidnap and Ransom

Life Insurance
Marine Cargo
Marine Hull
Mining Rehabilitation
Mobile Plant & Equipment
Operational Programs
Personal Accident
Political Risks and Political Violence
Pollution
Professional Indemnity
Property and Machinery Breakdown
Terrorism
Third Party Legal Liability
Workers Compensation

Our partners

Mineral Exploration Insurance Facility

We understand the risks and complexities of mineral exploration. Besides the challenges of raising funds and developing an ore body, the burden placed on directors and officers to ensure the business is adequately protected is immense. Getting any part of running a mineral exploration company wrong can have catastrophic consequences, and may put directors’ and officers’ personal assets at risk.

That's why we launched the Mineral Exploration Insurance Facility (MEIF) more than a decade ago. The MEIF is a ground breaking insurance solution designed specifically to meet the ever-evolving and highly technical risks of exploration, reporting and compliance that also protects the assets of the business and directors and officers alike. The facility has been developed using financially secure, market leading insurers to offer competitive pricing without compromising on cover, claims service or flexibility. The MEIF is the only insurance solution proudly endorsed by AMEC.

Core products are:

Directors & Officers Liability (flagship product)
Commercial Motor
Corporate Travel
Expatriates
Personal Accident
Workers Compensation
Property
Marine Transit (including mineral samples)
Public & Products Liability

Structured Credit and Political Risks

Our Structured Credit and Political Risks division comprises an established group of highly experienced market practitioners based in New York, London, Singapore, Stockholm, Perth and Sydney.

Our scope of services include comprehensive political risks insurance programmes for lenders and/or hedge providers, political risks, war and political violence insurance for project sponsor’s equity and assets, commercial market and/or ECA and/or multilateral institutions solutions, mining disruption insurance (MDI), political risks Insurance for mining development costs and contractor’s asset protection (CAP).

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