Plant and machinery owners and operators are exposed to the potential to lose expensive plant, machinery and equipment to fire, theft, malicious and accidental damage.

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Plant and Machinery

Plant and machinery insurance designed for your needs

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A global broker with deep industry expertise backed by market-leading solutions

Plant and machinery owners and operators are exposed to the potential loss of expensive plant, machinery and equipment to fire, theft, malicious and accidental damage.

This means finding suitable plant and equipment insurance at competitive prices with broad cover is a priority to any business, from small to large scale operations. Lockton understands that your ability to stay operational and continue working following an incident is paramount.

Our brokers are leaders in bespoke wording design and competitive pricing to ensure business interruption and repair or replacement are expedited with minimal operational delay and financial impact.

As the broker of choice for many of Australia’s leading mining operators and contractors, we have the expertise and reach to deliver on your requirements.

Our Products and Services

The core contractor plant and machinery cover we specialise in are:

  • Damage to machines

  • Increased cost of working

  • Loss of income

  • Machinery breakdown

  • Registered machine liability

  • Third party liability - registered road vehicles

  • Above and underground exposures

  • Australian and international placement specialists

Key Contacts

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Stephen Kerridge

National Manager, 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

We're here to help

We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

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Latest news and insights

An increasing number of construction companies are turning to modular construction to take advantage of potential efficiencies and cost savings. However, insurers do have some concerns about this technology that need to be addressed to ensure there is appropriate insurance cover in place for such projects.  Addressing insurer concerns regarding modular construction

Optus Network Outage Senate Inquiry: key insights and practical actions to take

Following the recent Senate Inquiry into the nationwide outage experienced by Optus in November 2023, critical risk-based insights emerged. These bear practical significance for organisations across a diverse range of industries. These insights underscore the importance of cultivating robust systems, refining communication strategies and embracing concrete safeguards to pre-empt and mitigate the impact of similar incidents in the future.  
Following the recent Senate Inquiry into the nationwide outage experienced by Optus in November 2023, critical risk-based insights emerged. These bear practical significance for organisations across a diverse range of industries. These insights underscore the importance of cultivating robust systems, refining communication strategies and embracing concrete safeguards to pre-empt and mitigate the impact of similar incidents in the future.

Vinh Ngo named a rising star by Insurance Business

Lockton Australia Client Director, Vinh Ngo, has been named a “rising star” by Insurance Business.
The annual list shines a spotlight on passionate, young insurance professionals committed to hitting milestones for themselves and their clients and colleagues. Lockton Australia Client Director, Vinh Ngo, has been named a “rising star” by Insurance Business.
The annual list shines a spotlight on passionate, young insurance professionals committed to hitting milestones for themselves and their clients and colleagues.

The public liability dilemma facing the aged care sector

Aged care providers’ public liability insurance policies are increasingly at risk from financial recovery by workers’ compensation insurers nationwide. Recovery claims are being made against providers with a particular inter-entity structure that creates a loophole for such claims tobe allowed. Recovery claims are also being made against providers as host employers of injured labour hire staff.Aged care providers’ public liability insurance policies are increasingly at risk from financial recovery by workers’ compensation insurers nationwide. Recovery claims are being made against providers with a particular inter-entity structure that creates a loophole for such claims tobe allowed. Recovery claims are also being made against providers as host employers of injured labour hire staff.
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