As our client, you benefit from the relationships we have developed with the world’s most reputable insurers and reinsurers of the mining industry in Australia, Asia, London, Bermuda, European markets and beyond.

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Mining and Services to Mining Specialists

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Providing the highest levels of expertise and service to the mining industry

As our client, you benefit from the relationships we have developed with the world’s most reputable insurers and reinsurers of the mining industry in Australia, Asia, London, Bermuda, European markets and beyond.

We understand that a loss event provides the definitive opportunity to prove our value, and that a successful loss outcome begins with an intelligent placement. Our claims services is therefore not only core to our client advocacy, but also a central input to our crafting of mining policy wordings.

Lockton’s team provides the highest levels of expertise and service to the mining industry. We provide a full range of insurance and employee benefit solutions for your business needs including exploration, financing, construction, and operational phases, and ultimately mine closure.

Products and Services

Business critical insurance services and policies we specialise in include:

  • Delayed start up

  • Contract works

  • Property and business interruption

  • Public and products liability

  • Financial and professional services

  • Workers' compensation and personal accident

  • Employee benefits

  • Claims services and detailed contract reviews

It is a pleasure to partner with such a technically capable, reliable and service-oriented team who are also so friendly and personable. To put it simply, they not only do what they say, they do it very well.
Gold Fields

Latest from Lockton

Latent Defects Insurance capacity finally enters market

The NSW Government has plans to make latent defects insurance compulsory by 2028, so now is the time for developers, owners and contractors to prepare.

As one of the brokers with exclusive access to this much-needed LDI capacity, Lockton is pleased to help bring a critical insurance option to the market at a pivotal time for the industry. However, LDI must be purchased prior to the commencement of construction. Once works begin, it’s too late to secure cover.The NSW Government has plans to make latent defects insurance compulsory by 2028, so now is the time for developers, owners and contractors to prepare.

As one of the brokers with exclusive access to this much-needed LDI capacity, Lockton is pleased to help bring a critical insurance option to the market at a pivotal time for the industry. However, LDI must be purchased prior to the commencement of construction. Once works begin, it’s too late to secure cover.

AI risks: what directors and officers need to know

All new technologies carry risks when introduced on an enterprise level. Artificial intelligence (AI) is no exception, and directors and officers may find themselves in the crosshairs should negative repercussions arise from the use of such tools. 

To be prepared for the potential regulatory scrutiny or claims activity that comes along with the introduction of a new technology, it is imperative that boards carefully consider the introduction of AI, and ensure sufficient risk mitigation measures are in place. All new technologies carry risks when introduced on an enterprise level. Artificial intelligence (AI) is no exception, and directors and officers may find themselves in the crosshairs should negative repercussions arise from the use of such tools. 

To be prepared for the potential regulatory scrutiny or claims activity that comes along with the introduction of a new technology, it is imperative that boards carefully consider the introduction of AI, and ensure sufficient risk mitigation measures are in place.

What insurance buyers need to know about Consequential Loss explained in three minutes

The purpose of Professional Indemnity (PI) insurance is to provide indemnity to an insured for legal liability to a third party who suffers loss as a result of the provision of the defined and declared professional service. Under the insurance policy, the insured normally also receives indemnity for the costs of investigation and defence of claims.

Importantly, PI insurance can be tailored to the professional group covered. Typically, PI insurance may include optional extensions of cover for a range of matters, including indemnity for consequential loss for an additional premium.
The purpose of Professional Indemnity (PI) insurance is to provide indemnity to an insured for legal liability to a third party who suffers loss as a result of the provision of the defined and declared professional service. Under the insurance policy, the insured normally also receives indemnity for the costs of investigation and defence of claims.

Importantly, PI insurance can be tailored to the professional group covered. Typically, PI insurance may include optional extensions of cover for a range of matters, including indemnity for consequential loss for an additional premium.
See all news and insights

Key Contacts

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Stephen Kerridge

Head of Resources
stephen.kerridge@lockton.com
+61 448 219 630

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Dan Agostino

National Manager, Mining
dan.agostino@lockton.com
+61 499 976 671

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