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 a 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.

The Ausure teams are experienced in working with mining companies and contractors working across the mining industry and have found that with a diligent approach using the right information in a professional presentation, some major insurers are willing to negotiate fair solutions to drive project success, whether they cater for the principal mining company or the sub-contractor at the end of the line..