Mining & Natural Resources
Helping You Manage Risk in Tough Operating Conditions
Mining and natural resource companies operate in an environment shaped by commodity volatility, complex regulation, environmental obligations, workforce pressures, equipment dependencies, remote locations, and extended supply chains. These challenges can affect both day-to-day operations and the long-term value of a project.
McGriff understands the unique exposures associated with mining and natural resource operations. Our team works with businesses to evaluate risk, navigate insurance markets, and develop practical strategies that align with their assets, operations, people, and business objectives—from exploration and development through production, expansion, and closure.
We bring an industry-informed perspective to help mining clients assess their risk profile, navigate insurance program design and market access, and develop practical insurance and risk management programs that support resilience, continuity, and responsible growth.
Managing risk across the mining lifecycle
Risk profiles change as a mining business moves from exploration and construction to active operations, expansion, and closure. McGriff helps clients adapt their insurance and risk management approach as the project and operating environment evolve.
Operations
Protecting property, mobile equipment, machinery, people, and production continuity across complex or remote sites.
Business environment
Addressing commodity, regulatory, environmental, contractual, transportation, cyber, and stakeholder-related exposures.
Resilience
Preparing for disruption, responding to loss, and supporting recovery without losing sight of long-term objectives.
Mining and natural resource capabilities
Property and continuity
Property, standing timber, machinery breakdown, business interruption, and specie coverages
Liability and management risk
Commercial general liability, automobile liability, directors & officers liability, cyber liability, employment practices liability, environmental liability, crime, and fiduciary risk
Cargo and transportation
Marine cargo for onshore and offshore exposures, commercial auto, and aviation risks, including owned and non-owned aircraft
Construction all risks
Builder’s risk; owner- and contractor-controlled liability; installation floater
People and benefits
Employee group benefits; travel accident and medical expense coverage, including repatriation; and group retirement savings plans
Specialty and emerging risk
Kidnap and ransom; surety bonds, including reclamation, performance, permit, environmental, mine closure, road and infrastructure, water quality, customs and imports, and labor and wage bonds; and captives and alternative risk transfer
Advisory and transaction capabilities
Beyond core insurance placement, McGriff helps mining and natural resource businesses address the operational, information, transaction, and loss response needs that shape risk decisions and business performance.
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Claims management
From first notice of loss through resolution, McGriff helps coordinate the claims process, clarify coverage and documentation requirements, engage appropriate specialists, and maintain communication among the client, insurers, adjusters, and other stakeholders. For complex mining and natural resource losses, this includes property or forestry damage support, business interruption, equipment breakdown, environmental incidents, cargo, and liability claims.
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Data and analytics
Mining risk decisions benefit from clear, actionable information. McGriff helps organize and analyze exposure, loss, asset, valuation, coverage, and benchmarking data to identify trends, evaluate program options, inform renewal strategy, and support more effective conversations with insurers, lenders, boards, and other stakeholders.
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Mergers and acquisitions
Transactions can involve changing ownership, operating jurisdictions, project stages, contracts, liabilities, and insurance programs. McGriff supports buyers, sellers, investors, and portfolio companies with insurance and risk considerations across due diligence, transaction structuring, representations and warranties, change-of-control implications, program integration, and post-close risk management.
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Risk consulting and engineering services
McGriff helps clients identify and prioritize operational risks through site-informed risk consulting and engineering support. Areas of focus may include property protection, equipment reliability, business interruption exposures, natural catastrophe, process safety, fire protection, environmental risk, operational resilience, and recommendations to strengthen controls and support insurer engagement.
These capabilities complement McGriff’s insurance placement and risk management work, helping clients make informed decisions before, during, and after significant events.