Mining Insurance

In such a high-risk industry, your business, property, employees and contractors need specialist insurance that can be relied on if anything were to go wrong.

A robust risk management and insurance programme can help your mining business to respond quickly, maintain continuity and manage your reputation.

Find out how HISL Brokers Limited can help you to manage any potential risks and protect your staff, customers, buildings and equipment within a comprehensive insurance solution.

Your expert Gateway to the Lloyd's and London Market

Types of insurance cover your mining business may require

Insurance programmes for mining businesses would typically include a combination of the following cover:

  • Construction – Construction in phase is one of the riskiest points of the mining life cycle; the stakes are high from both a financial and reputational loss perspective.
  • Environmental – The mining industry has made strides in ensuring that operations minimise the impact on the broader environment and local communities.
  • Security – The unpredictable nature of security incidents means that total immunity from a crisis event is impossible, however, those companies with a sophisticated level of preparedness and mitigation measures in place will minimise the impact of a crisis if it were to occur.
  • Workforce – For high-risk industries, such as mining, it can, therefore, be difficult to secure the right level of cover for accident, medical and travel insurance programmes.
  • Specie, precious metal and bullion risk – Mining companies specialising in extracting, refining and trading precious metals are exposed to different risks at various points of the mining life cycle.
  • Pollution & environment liability coverage – This type of insurance covers claims for personal injury, damage to property, clean-up expenses, legal expenses or fines that have been incurred as a result of pollution.
  • Foreign and multinational liability coverage – Purchasing foreign liability insurance protects for damages or injuries arising from such operations. When any of your employees temporarily work in foreign territory and face injury or death, need immediate medical attention, or request emergency evacuation.


These are just examples of some of the types of mining insurance policies that we look after at HISL Brokers Limited

What insurance do I need for my mining business?

If you are responsible for the running of a mining business of any kind you should consider taking out a tailored insurance programme. The wide variety of risks to both the staff and customers create the need for an insurance solution that provides comprehensive protection.

We know that no two mining businesses are the same, so speak to us today to find out which policies will best meet your needs.

The cost of insuring your mining business

The combined premiums that you will pay for your mining insurance programme depends on the level of cover that you need and the breadth of risk that your business is exposed to.

It is crucial to ensure that you are properly protected in the event of an incident occurring. With that in mind, at HISL Brokers Limited we will take the time to understand the specific needs of your business and recommend the amount of cover that is best suited to you.

Importantly, we work tirelessly on your behalf to present your business to potential insurers as accurately as possible so that premiums are completely appropriate to your risk exposure.

Insuring your mining business

HISL Brokers Limited is well placed to provide you with the professional support to review your current insurance programme and assess where you might be at risk from underinsurance, or even paying for excessive cover.

We understand that marine businesses face unique risks and challenges on a day-to-day basis, and that you need bespoke insurance that works for you and gives you the level of cover that is appropriate to the risks that you face.

Give your business the protection that it deserves today – if you want to find out how much peace of mind costs, contact Paul Kerner by calling: (0)20 7220 9020.