We're sorry but your browser is not supported by Marsh.com

For the best experience, please upgrade to a supported browser:

X

MINING

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

More than US$122 billion of underground exposures protected around the world.

The global mining industry faces many challenges: softer commodity markets, 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.

Claims Management

Government mine-safety organisations, shareholders, media, and the public are scrutinising your ability to deal with unforeseen events and crises. It’s therefore critical to quantify losses and maximise insurance recoveries in a timely manner.

At Marsh, we understand the challenges that loss situations produce: catastrophe management, lost sales, difficulty sourcing equipment, complexity of measuring business interruption, and related costs.

Our claims practitioners are well versed in different mining techniques and associated processing activities, and with more than 100 claims professionals around the world have served mining clients, we are ready to help you in all geographies.

Captive Management

We advise on captive insurance options for mining companies around the world. Our global team of 450 captive professionals comes from a range of backgrounds, including insurance, reinsurance, accounting, taxation, and law.

Recognising that multiple factors need to be considered, we can help you:

  • Identify whether a captive approach is best for your insurance needs.
  • Find the right location, structure, and operation of your captive.
  • Structure the optimal programme to place a captive, including limits, premium, and cover.
  • Guide premium decisions and allocate them to support transfer-pricing considerations.
  • Optimise capital deployed within parameters set by the business.
  • Establish and manage your captive in its domicile.
Risk Consulting

Marsh Risk Consultants attended more than 150 mining site engagements in 2014. With more than 70 years of experience of working with clients in the mining industry, Marsh Risk Consulting (MRC) provides advice, analytics, tools, research, and solutions for a wide range of risk issues. Our goals are to build the resilience of your business by:

  • Reducing the frequency of risk events.
  • Reducing the impact of risk events.
  • Helping you better understand your risk profile and find appropriate protection.

Our dedicated professionals meet your company’s day-to-day needs. MRC offers the following services to help you manage your risk exposures:

  • Risk engineering and risk control (including specialised mining breakdown risk control services).
  • Strategic risk management.
  • Enterprise risk management (ERM).
  • Supply chain management.
  • Business analytics and risk modelling.
  • Crisis management.
  • Asset valuation.
  • Business continuity management (BCM).
Mergers, Acquisitions and Divestments

Corporate activity is returning to the mining sector, as mining companies respond to changing outlooks by optimising and focussing their project and operational portfolios and right-sizing their balance sheets – and as funds form or allocate significant capital to exploiting the opportunities that now exist in the sector.

Marsh’s Private Equity and M&A (PEMA) Practice provides risk and insurance advice that complements traditional financial, legal, and commercial due diligence. Our advice enables both buyers and sellers to better understand the risks in any given transaction and factor them into negotiations and the pricing of a transaction.