Mining is a challenging sector for the insurance industry with operations often remotely located and difficult to reach. Deep seam workings are especially inaccessible, making inspection, rehabilitation and recovery very challenging. While the safety of employees is always the number one priority, mining operators focus on quickly restoring production to avoid financial losses. Opencast and open pit mines also have their specific risk exposures, but common to all mines are extraction activities, surface and underground processing equipment, transportation systems equipment and civil engineering works.
Integra has a wealth of knowledge and a long track record in the handling of small, medium and large-scale mining losses of a technically complex nature in most of the major mining regions of the world. Our loss adjusters are experienced in material damage events, the exposures resulting from interruptions to mining and the need to explore every possible mitigation opportunity. We have worked extensively across mineral, coal, precious and semi-precious metal ore extraction claims.
Claims Handling Protocol for mining losses
Integra participated in developing the Claims Handling Protocol for mining losses and is a founding member of the Mining Insurance Group. Our approach to mining claims always follows the fundamental principles of the protocol. In every case we aim to manage the claim within a collaborative and consensual environment.