mining and resources insurance
What We Do

Mining & Resources Insurance

  /    /  Mining and Resources Exploration & Operational Insurance

Mining and Resources Exploration & Operational Insurance

Whether your company is Private or Public, or at the stage of exploration, development or production, it is important to protect your assets, revenue, liabilities, and people. The key to designing an effective insurance program is to ensure it comprehensively considers and meets the organisation’s unique corporate and financial risk profiles at the specific stage they operate in.

KBI advises mining companies at every stage of the life cycle.
mining and resources insurance
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How Our Clients Benefit

Risk Based Insurance Program Design

Identify & quantify corporate & operational risk profiles

Measure risk tolerance

Assess risk appetite

Financially tests insurance options (cost vs benefit analysis)

Program Placement

KBI leverages both local and global markets to gain competition by using detailed underwriting submissions to achieve best outcomes.

KBI undertake contract review services to understand fair apportionment of risk allocation to third parties to better protect the insurance placement.

Independent broker provides flexibility engaging specialists suited to our clients needs.

Policies are underwritten using manuscript mining policy wordings.

Streamlined Client Service

Specialised team who are reputable with a consistent approach

KBI is employee owned providing quality team with a genuine “care factor”

Pro-active brokers who are hands on

Keep abreast of industry news and regular contact to ensure client’s insurance strategy remains suitable.

Claims Management / Advisory

Dedicated team (including the placement broker)

Simplified claims process

Agreed loss adjusters / solicitors at time of placement not at claim time.

Policies include claims preparation costs, advancement of defence cost to aid clients during time of need.

KBI’s Mining Team assists with the placement of the following insurances:

mining and resources insurance

Key Areas of Value Add Services

International insurance placement & compliance

Contractual reviews for insurance compliance

Early warning to clients on regulatory & legislative changes

Loss control engineering

Program & certificate management

Client advocacy during claims process

Limit & coverage analysis

What’s Next?

Let us tailor a program that best suits your business needs.

Why should I contact KBI?

The KBI team has experience arranging insurance for over 300 mining companies headquartered in Australia and North America. We have arranged insurance for companies of all sizes, from small private exploration firms to large multinational producers. We have unique experience in understanding the insurance requirements in both Australasia and North America and work closely with you to understand your individual requirements. We pride ourselves on helping our clients make an informed decision at each part of the process – whether that is budgeting, insurability, placement, risk management controls and claims management.

A highlight of previous projects:

Outsourced Risk Manager for one of Australia’s largest mining services contractors with a portfolio of mining operations across multiple commodities ($3bn revenue). Exposures included rolling stock, shipping product through various ports, transport and construction of plants, reclaimers, camp and associated mining services infrastructure

Transitioned a gold/copper mineral explorer into development constructing a 480ktpa processing plant and associated infrastructure ($52m capex)

$320m construction & commissioning of 1.34mtpa processing facility which uses gravity, heavy media, flotation and magnetic processes

Operational nickel miner producing in excess of 1mtpa. Transitioned into care and maintenance due to fall of nickel price and recommissioning of the mine and processing facility ($25m refurbishment capex)

Operational gold miner producing 150,000 ounces per annum increasing production to 255,000 ounces pa over three mining centres

Operational lithium spodumene mining company using ‘DMS’ gravity recovery circuit. Annual production 185,000 dmt

Construction of 15ha of demonstration evaporative ponds, production works and onsite pilot plant in Argentina for a lithium brine project

In addition, the team at KBI have managed the following mining services:

Laboratory technicians including assay sampling

Explosive manufacturing and supply

Drill and blast, excavation and quarrying

Geologists, geotechnical

Mining Operations Insurance Team

Brooke Shields
Account Director | Mining
travis kenzle kbi
Managing Director
nick george
Director
dawn james
Account Manager | D&O

Mining and Resources Testimonials

Riverside Resources Inc.

Travis does excellent work in designing insurance that fits diverse clients and diverse needs. We have used their insurance for three years and it has provided solid coverage.

John-Mark Staude
CEO & President

First Line Consultants, Ltd

Travis is my “go to” mining expert in the insurance industry. I have contacted Travis a number of times to provide quotes to public and private mining companies with coverage options ranging from straight D&O, through to a full suite of coverages including active mine and overseas kidnap coverage. Travis is well versed in risk management and has assisted in evaluating the coverage options, providing cost comparative analysis in simple terms that are tailored to the mining sector.

David WJ McAdam
President

R. Anderson & Associates Inc.

Travis and his group has been providing insurance to our junior mining companies for several years and he has provided us with outstanding service over that time. He is extremely knowledgeable in his field, is very personable and I would not hesitate to recommend him and his team for business or personal insurance needs.

Robert Anderson
Principal

Endeavour Silver

"Travis was always good at being straight up with answers and getting information for us and presenting it in a way that was clear and concise."

Godfrey Walton
President and Chief Operating Officer

Contact Info

Street Address:

Level 18, 140 St. Georges Terrace, Perth, WA, 6000

Postal Address:

PO Box Z5102, St. Georges Terrace, Perth WA 6831

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