01 — Mine Risk Profile
What can go wrong — and what it costs.
You already manage these risks every shift. Our job is to make sure that when engineering controls are exhausted, the financial consequence lands on an insurer's balance sheet — not on your production plan.
R·01Machinery & equipment breakdownMills, crushers, winders, conveyors, haul fleet — ranked by replacement lead time and production dependency.
R·02Fire & explosionThe sector's largest peril by claim value. Conveyor fires, plant fires, and underground events drive the severity tail.
R·03Tailings & geotechnicalDam integrity, slope stability, seismicity. GISTM alignment is now a baseline underwriting expectation — and evidence of it earns terms.
R·04Business interruptionThe consequence that outlasts the event — roughly 80% of sector gross losses.
R·05Power & water supplyGrid instability and water scarcity are now systemic, not incidental. Both are primary BI triggers across the region.
R·06People, liability & SASRIAEmployers' liability, contractors, third parties, directors' exposure — plus strike, riot and civil commotion extensions.
R·07Marine transitConcentrate and equipment in transit — road, rail, port and sea, across multiple jurisdictions.
