Mining Companies
Secure protection and confidence for every mining venture
Mining is a demanding industry, and your insurance should work just as hard. From equipment breakdowns to environmental risks, our specialized insurance solutions help you navigate challenges and protect your operations above and below ground.
What Insurance is Required for Mining?
This insurance is tailored to the complex and high-risk nature of the mining industry. It provides critical protection for your assets and operations ensuring your business can thrive even in uncertain conditions.
Type of coverage
Solid coverage that offers you security in the face of any obstacle. Key coverages for mining operators may involve:
- General liability
- Environmental liability
- Errors & omissions liability (E&O)
- Directors and officers liability (D&O)
- Employers liability
- Property – which may include; Building, contents, equipment, stock, tenant’s legal liability
- Equipment breakdown
- Business interruption
- Cargo
- Cyber
- Commercial vehicle
Canadian Diamond Drilling Association (CDDA)
Gifford Carr is a proud member of the CDDA community. Learn more about CDDA here.
Canadian Institute of Mining, Metallurgy and Petroleum (CIM)
Gifford Carr is a proud member of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM).
Who we protect
Our tailored insurance solutions are designed to meet the distinct needs of:
- Operating mines (surface and underground)
- Prospecting and exploration projects
- Mine services and suppliers
Mining insurance that works as hard as you do.
Hard work, perseverance, and a relentless pursuit of excellence define the mining industry, explore insurance coverage that embodies the same level of dedication.
Frequently asked questions
Find answers to common questions about mining insurance.
What insurance can protect shareholders if a country seizes assets?
In the event of expropriation (illegal takeover) of your assets by a foreign authority, insurance can safeguard your financial assets. This can extend to situations that include extortion, ransom, and kidnapping for an additional layer of personal risk protection.
How can I verify that my subcontractors possess appropriate insurance coverage and have our company listed as an additional insured party?
Verifying subcontractor insurance and ensuring your company is listed as an additional insured is critical. Our team is here to assist you in establishing a reliable process that protects your business and provides security.
How can I ensure compliance with international insurance regulations?
It is important to have a clear understanding of the insurance regulations set by the country you are operating in. Our brokers are experienced in international mining and can guide you through diverse laws to provide the exact coverage you need to maintain compliance.
Have more questions?
Contact us for more information.