The mining and resources sector is unlike any other and can be extremely complex. Its risks range from damage to extraction, processing, and transport equipment to financial risks related to movements in foreign exchanges and capital adequacy requirements.
Working in the resources, mining, and energy industries carries increased risks, which means you need the right insurance program to protect you, your employees, your equipment, and your property. Mining contractors face extra risks, as they are not typically covered under the insurance policies of the companies they work for. This means they need to secure a policy that covers them and the risks they face.
Regional Insurance Brokers has been providing mining contractors with the right insurance policies since 1981. Our in-depth industry knowledge helps contractors identify risks and secure a policy that protects them, their finances, and their reputation.
Mining isn’t just heavy machinery and groundwork; it involves various processing, transporting and exchanging movements that come with a range of risks that can threaten you and your business. From using heavy machinery on sites with strict policies to transporting dangerous or valuable materials, one wrong move can expose you to various financial and legal risks. Having adequate insurance means you can work confidently, knowing that when things go wrong, you have a policy that can back you. Key benefits of mining insurance policies include:
As a contractor, having the right insurance is essential for protecting yourself and maintaining your reputation as a compliant professional. In an industry with significant risks, mining companies won’t hire contractors without proper insurance. By securing the right coverage, you position yourself as a credible, protected contractor that mining companies will trust.
Mining contractor insurance ensures that you are protected from any risks that come your way. It's important that you understand what risks you are exposed to and how to mitigate them, and with Regional Insurance Brokers, we find a policy that protects you from every angle.
Mining contractor insurance offers financial protection by covering unexpected costs, from equipment repairs to legal fees. Without the right coverage, you risk facing substantial out-of-pocket expenses that could significantly impact your business. Insurance protects your financial stability, allowing you to focus on operations without worrying about the potential costs of unforeseen incidents.
The right mining contractor insurance gives you the confidence to work without worry. With comprehensive coverage in place, you can handle challenges that arise on the job with peace of mind, knowing you're protected. From managing risks on-site to handling unexpected equipment damage, the right insurance ensures you're ready to navigate any situation.
At Regional, we understand the mining and energy sector and have been tailoring insurance programs for clients since we were formed. Talk with our specialist insurance professionals for a thorough approach to covering all aspects of your operations.
Insurance isn’t always a one-size-fits-all policy. Leaning on a trusted adviser and partner in your insurance program can be essential for contractors who are often exposed to more risks than someone directly employed by a mining company. We’re here to help structure your insurance program to suit.
Premium Funding is a financial management service that can help your business manage its cash flow and preserve working capital by spreading the cost of your insurance premiums instead of lump sum payments. At Regional, our brokers can assist with funding arrangements for your insurance program.
Protecting you and your team against management and operational risks.
Helping cover your financial losses if your business falls victim to a cybercrime.
Own or responsible for one or more business vehicles? Comprehensive cover for unintentional damage to your vehicle or a third-party vehicle.
