Extracting Solutions to Manage Risk in the Mining Industry
USI’s Mining Practice delivers industry leading solutions and services related to managing risk exposures for mining exploration and operations. Mining companies face many industry specific issues such as inherent safety concerns, operational liabilities and intense regulatory pressures from state and federal agencies. Occupational Disease (black lung) is a difficult exposure that limits market placement and unaddressed hazards such as subsidence, flooding and potential ground water contamination leave mining clients exposed to large claims.
At USI, we have in-depth expertise working directly with mining companies on risk management, legal, loss control, underwriting, environmental, construction, surety and mine reclamation. With an average of more than 25 years of experience, USI’s mining professionals understand the exposures of surface, underground, hard rock, soft rock and different types of minerals. We have deep relationships with global underwriters, dedicated claim adjusters and loss control engineering enabling us to place even the most difficult risks.
USI’s Mining Practice offers specialty mining services and solutions including:
- Mine Safety and Health Administration (MSHA) Compliance Review
- Crisis Management Coverage
- Business Interruption Valuation/Extra Expense
- Subsidence Identification
- Property Risk Assessments
- Flood Exposure Review
- Critical Equipment and Spares Contingencies
- Impoundment Assessment
- Contractors Certificates of Insurance
- Contract Review
- Corporate Structure Analysis
- Environmental Impairment Liability
- Permit and Reclamation Bonding
- Workers' Compensation Program Review and Structure
To analyze our clients' business issues and challenges, our Mining team leverages USI ONE®, a fundamentally different approach to risk management. USI ONE integrates proprietary business analytics with a network of local and national technical experts in a team based consultative planning process to evaluate the client’s risk profile and identify targeted solutions. Clients then receive tailored recommendations for improving their total cost of risk.
Experience the USI ONE Advantage® and learn how USI’s Mining Practice can help you navigate risk even in these turbulent times. Email PCsolutions@usi.com or contact your local USI office today.