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

As the Federal Government sets the stage for sweeping reforms with the NDIS Amendment Bill 2024, disability service providers are set to face both opportunities and challenges. In this article, we examine the latest updates on NDIS reform as well as some of the key potential risk and insurance implications likely to be encountered by NDIS providers during the reform process. Stay informed and prepared for the journey ahead with our expert insights.Navigating NDIS reform: potential risk and insurance implications for NDIS providers

The Victorian Workers' Compensation ‘Premium Freeze’: when a freeze is not a freeze

Amidst the ongoing discourse surrounding Victoria’s WorkCover Scheme Modernisation Act, attention has been drawn to what has been termed a "premium freeze”. But what does this term really mean? And how will the so-called premium freeze actually impact Victorian employers? In this arrticle, we explore these questions and provides valuable insights into what Victorian employers can actually expect at their upcoming workers' compensation renewal.Amidst the ongoing discourse surrounding Victoria’s WorkCover Scheme Modernisation Act, attention has been drawn to what has been termed a "premium freeze”. But what does this term really mean? And how will the so-called premium freeze actually impact Victorian employers? In this arrticle, we explore these questions and provides valuable insights into what Victorian employers can actually expect at their upcoming workers' compensation renewal.

Aged Care Wage Increases: Risk and Insurance Perspectives

The Fair Work Commission's decision to increase wages for aged care workers by up 28.5 per cent to is set to have a significant impact on the sector. From mitigating risks to navigating insurance challenges, we explore what we consider to be some of the key potential risk and insurance implications of the wage increases for aged care providers. Discover why leveraging the wage increases as a catalyst for positive change could enable aged care providers to strategically position themselves for long-term success amidst the sector's challenging landscape.The Fair Work Commission's decision to increase wages for aged care workers by up 28.5 per cent to is set to have a significant impact on the sector. From mitigating risks to navigating insurance challenges, we explore what we consider to be some of the key potential risk and insurance implications of the wage increases for aged care providers. Discover why leveraging the wage increases as a catalyst for positive change could enable aged care providers to strategically position themselves for long-term success amidst the sector's challenging landscape.

Dan Chapman rejoins Lockton’s Trade Credit, Surety and Political Risk team

Mr. Chapman was one of the founding members of Lockton Australia in 2012 and returns to the business having spent the past seven years running the Credit Solutions team for Aon in Australia which saw a four-fold increase during his tenure. Mr. Chapman was one of the founding members of Lockton Australia in 2012 and returns to the business having spent the past seven years running the Credit Solutions team for Aon in Australia which saw a four-fold increase during his tenure.
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