Australia
Mining Insurance

Mining

Across all geographies, mining companies are being challenged by low commodity prices and an abundance of supply. This environment has led to some marginal mines going into care and maintenance, while across the sector there has been an increase in merger, acquisition and divesture activity.

The complexity and demands put on mining operations therefore means that their insurance and risk management programs need to be exceptionally effective to reduce the cost of risk and help satisfy a variety of regulatory requirements. Aon’s Mining Team supports organisations in Australia and around the world, helping them optimise risk-taking and risk management activities. We have significant project development, exploration and operational site expertise, which we combine with a desire to understand the complexities of our clients’ activities.

Managing the complexity

We guide clients through the process of creating insurance programs closely aligned to their company’s risk tolerance, and evolve as a project moves from the exploration, design and operational phases. Our experience in mining risk profiling, valuations, insurance broking, loss control engineering, project risk management, workers’ compensation consultancy and claims means that we help clients around the world turn risk into opportunity.

A unique approach to risk

Purchasing insurance coverage is the last stage in the risk management process. A critical focus on risk analysis, identification, quantification and mitigation can have a significant influence on purchasing cost effective insurance coverage. To ensure all risks are identified, our mining specialists partner with our clients and address their risk issues at their sites. We believe that a thorough stakeholder-driven risk analysis delivers a more attractive project, often at a lower cost and with enhanced sustainability for the lifecycle of a mine.

To learn more about our mining insurance and risk solutions, contact us today.

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Aon Mining Insurance Expert

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