Mining & Power

The complexity and demands put on mining operations mean that their insurance and risk management programmes need to be exceptionally effective. Our clients benefit from our understanding of the mining business and Global mining team has the skills superior client service and experience to support our clients' growth.

Mining

Global's mining team supports organisations around the world, helping them optimise risk-taking and risk management activities. We have significant project development, exploration and operational site expertise, which we combine with a desire to understand the complexities of our clients' activities.

Managing the Complexity

Mining is complex and international, but an effective insurance and risk management programme can reduce the cost of risk and help satisfy a variety of financial and regulatory requirements.

Our experience in risk analysis and mitigation, insurance broking, legal issues, financial "due diligence" including assistance in drafting/reviewing contractual risk and indemnity provisions, negotiating with lenders to minimise insurance provisions, pre-underwriting loss control engineering, project risk management and claims management means that we help clients around the world turn risk into opportunity.

Beyond the Mine Entrance

We also offer a variety of solutions that go beyond our clients' day-to-day needs. Aon's mining team has expertise in directors' and officer's liability, actuarial consulting, risk consulting compliance, health and safety, claims advocacy, strategic risk mitigation and environmental risk.

Aon Hewitt offers industry-leading human resources solutions, while the Aon Risk Solutions Crisis Management team has kidnap and ransom, political and terrorism risk expertise that can be invaluable in protecting staff working on projects in less stable regions of the world. Our aviation team can support any need for site transportation by air, and our experts in mergers and acquisitions and transactional liability can help mitigate structural change risk.

Delivering What You Need

We identify strategic risk mitigation alternatives and negotiate the transfer of risk to contractors. The Global Risk Insight Platform (GRIP), Aon's proprietary benchmarking tool, helps us ascertain where the best insurance terms are available. With the guidance of experienced claims specialists, tailored wordings are negotiated with a variety of global competitive insurers and reinsurers.

Aon's mining clients benefit from our understanding of the mining business, insurer underwriting standards and flexibility, our use of pre-loss agreements recognition of repetitive problematic hazards and our reduction of loss potentials based on operating flexibility and strategic CAPEX investment.

Power

The Global Approach

Our risk based approach is rooted in understanding our clients 'business, risk and insurance requirements. Global's expertise encompasses the following sectors:

Why Global CPI?

Aon's power team brings together over 200 power and utility specialists in one dedicated global unit. In Asia, our team members include colleagues with expertise in nuclear, environmental risk consulting and construction quantity surveying. We offer industry specific multi-line insurance brokerage client service; loss control claims advocacy and programme management services.

We understand the unique risks which the Power industry faces. We create insurance and risk management programmes that protect our clients' assets, safeguard our clients' liabilities and enable informed decision making rooted in expert advice.

India requires substantial investment in its power sector to meet demand and sustain economic growth. Global CPI supports the development of the sector with our unrivalled professional expertise in risk management and insurance solutions.

India Contact Details

Mr. Ramesh Ramourti
Email : ramesh.ramourti@globalinsurance.co.in
Telephone : (+91) 22 66560505

About Reinsurance

Maximizing the economic benefit of risk transfer programs

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Global Risk Management Survey 2015

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License Number: 119. License Validity: 03/03/2015 to 02/03/2018, CIN: U67200MH2002PTC137954