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Mining

This segment of insurance is designed to provide comprehensive property damage and time element coverage for the risks presented by mining industries.

Who is it for?

Mines and processing for metals, minerals and ore bodies. 

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Product Details  

Capacity: US $750m, one of the highest among any mining insurers in the market.

Risk Types

Mining

All types of mining risks including:

Above and below ground

Coal

Diamonds

Gold and Silver

Uranium

Titanium ores

Rare Earth Elements

And all others

Processing Plants

Our coverage includes all associated processing plants where the ore is concentrated and refined to a more completed state. This includes:

Crushing

Conveyors

All types of processing including furnaces

Shipping and transportation

Ancillary Coverages

Coverage can be extended to include:

Service Interruption

Contingent Time Element covering key customers and suppliers

Ports and railroads

Interruption by Civil Authority

Other exposures unique to your facilities

Why choose Mining insurance from AIG?

Our market-leading capacity and technical expertise enable us to comprehensively address the most complex property insurance needs of our customers.  And our global network of local companies, underwriters, engineers and claims specialists provides our clients with easy access and efficient service wherever their operations might take them.

Claims First

See our Energy & Construction claims value proposition 

Risk Engineering

We provide value-added loss control services from the planning and construction phases for new construction through the operational ongoing loss control.  Risk engineers are located worldwide and conduct risk assessment surveys and loss control inspections that analyze the unique exposures associated with mining risks. This includes analyzing the exposures from the perspective of traditional perils such as flood, windstorm, earthquake and fire as well as a key focus on equipment and management practices.

More Information

To learn more about AIG's capabilities in this field, please email Simon.Morgan@aig.com

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