Mining & Industrial Property Insurance
We offer All Risk property coverage for operational Heavy Industry clients world-wide, with a focus on mining and metal occupancies. Our extensive experience and expertise in this area place us at the forefront of the market.
We add value for our clients by providing coverage and expertise in niche areas. We have in-house engineering capabilities, including a chartered mining engineer professional with more than 40 years of experience who reviews engineering information, conducts on-site insurance risk surveys, and produces corresponding market reports while also offering guidance to clients where required.
We pride ourselves on our flexible approach. This enables us to develop tailored solutions for clients, allowing us to write quota share, primary or excess of loss business directly or facultatively. In the long term, we strive to develop partnerships with all our clients.
What we do
We provide all risks of physical loss or damage, including machinery breakdown and business interruption coverage, for a broad array of clients, from small single-site operations to global mining companies. We particularly specialise in mid-tier miners. This encompasses both above-ground and below-ground risks and includes associated processing and refining techniques and ancillary infrastructure.
We provide cover for the majority of commodities, including but not limited to:
- Copper
- Gold
- Metallurgical coal
- Base metals, including nickel and zinc
- Diamonds
- Iron
We also provide All Risk physical damage, machinery breakdown and business interruption cover for the production of steel and aluminium products, including smelting, casting, rolling, and recycling processes.
Capacity
USD $25 million
Speak to one of our specialist underwriters
FAQs
What insurance coverage does Canopius offer for mining and heavy industry clients?
Canopius offers comprehensive All Risk property coverage world-wide, focusing on mining and metal occupancies. Our expertise in this area puts us at the forefront of the market, providing tailored solutions for our clients’ unique risk profiles.
How does Canopius add value for mining and heavy industry clients?
We provide niche coverage and expertise, including in-house engineering capabilities and specialists with industry experience. We prioritise long-term partnerships with our clients and aim to help their projects flourish with our stress-free insurance options.
Is getting this insurance a complex process?
At Canopius, we want to ensure that your experience with us is as stress-free as possible. That’s why our specialists are always on hand to discuss your options and help you choose the right product for your needs.
