Explore. Protect. Prosper. V6

PROTECTING YOUR PURPOSE

A BETTER FUTURE FOR ALL

LOSS PREVENTION & RISK ENGINEERING

CAPACITY & COVERAGE

Mining is at an inflection point where transformation is crucial and resilience is essential. From transitioning to renewables and implementing new, lower-carbon technologies, to bolstering against climate change and strengthening the supply chain—the mining industry is rapidly changing.

EXPLORE.

For Talison Lithium, even a brief business disruption could have a massive impact on the global supply chain. See how the world's leading lithium minerals producer protects its mining operations through risk improvements and learn about their deep commitment to the clean energy transition.

Talison Lithium: Fueling a clean energy future.

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from Marsh, Australia Source - mid July 2023

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Connect with us to hear from your local experts about FM Global’s engineering services and superior property insurance.

Watch these videos to learn how FM Global's expertise has helped clients take control of their mining operations in an ever-changing climate landscape. Let us join and help guide you on your journey of change and transformation.

A BETTER FUTURE FOR ALL

Protect your purpose by investing in resilience today

PROTECT.

PROSPER.

Let's partner to build strategies that not only prevent loss but ensure business continuity, so your mining facilities can minimise downtime and maximise output.

Learn how Imerys embeds sustainable thinking into everything the company does, highlighted by its SustainAgility™ program for which FM Global provides accurate, reliable and consistent data on all Imerys sites exposed to climate risks.

IMERYS: Building a sustainable future

Learn how FM Global's risk engineering specialists helped protect MMG's mine site in Peru, along with its supply chain.

MMG AND FM GLOBAL: COLLABORATION IN ACTION

The value of resiliency

The only data-driven tool that provides you with a means for understanding the resilience of nearly 130 countries' business environments. Explore the index to gain insights that inform responsible strategic decisions for your mining operations locations.

2023 Resilience Index

EXPLORE

Extreme weather events, a changing climate and ESG initiatives are placing new and additional demands on the C-suite of mining companies from their boards and stakeholders.

FM Global has specialist mining engineers located in all the major centres of excellence globally, including Canada and Australia. With over 50 years of experience in the sector, industry-specific training for all our risk engineers and hundreds of mine site visits annually—we’ve certainly got the experience and the data to help your mining business understand the risks at every location. We also provide customised reporting, incorporating historical mining statistics, site-based assessments and location-based predictive analytics to continue to engineer a more resilient future, together.

Unearth the power of risk engineering and data

When risk management only goes so far, you can overcome challenges with confidence knowing you have the capacity (up to US$2B) and coverage you need for your large-scale mining operations. You can count on our steadfast commitment to help you be resilient should a loss occur. Our award-winning claims process empowers our in-house adjustors to make decisions that quickly get you the money you need. As a result, brokers and risk managers rate us #1 for property claims handling.

Capacity. Coverage. Stability.

Mining sector risk, reputation and accountability

Sean Davidson

Business Development

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Connect with your local mining experts.

Australia

Damien Leembruggen

Business Development

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Mike Beaumont

Account Engineering

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Canada

Frank Sarcevic

Client Services & Underwriting

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Antonio Mendonca

Business Development

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Iván Rodríguez

Account Engineering

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FM Global has a full suite of climate resilience products developed, researched and tested by our scientists and engineers to evaluate your climate risks based on your location and operations.

Change your climate risk, change your future

LEARN MORE

Learn why FM Global’s insurance product gives mining businesses enough stability and coverage.

Reducing risk and preventing loss to help fuel operational continuity and growth for mining.

The impact of disruptive events on corporate financial performance has risen substantially in recent years. Stock markets are now holding companies responsible for their risk management decisions. When things go wrong, mining companies can face class-action lawsuits, seeking potential damages of billions of dollars. Pentland Analytics’ Risk, Reputation and Accountability: A Governance Perspective of Disruptive Events report examines the escalating challenges of reputation risk and natural disasters, and the profound impact that they can have on the fortunes of companies across a range of industries. In an industry where unforeseen incidents can have far-reaching consequences, many of the report’s findings will be of interest to mining executives, as they emphasise the need to stay ahead of emerging risks and prepare for the unexpected. The evidence demonstrates how mining companies can emerge from disruptive events with an enhanced reputation and higher valuation, by investing in risk preparedness and treating this as an integral part of effective governance. The value advantage of investing in loss prevention is evident – companies that are well-protected against climate risk outperform their counterparts significantly.

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THE VALUE OF RESILIENCY

Explore our BRC Services

LEARN MORE AND DOWNLOAD THE FULL PAPER

The financial rewards of resilience are clear, as business disruption has a significant impact on shareholder value. In the year following Hurricanes Harvey, Irma and Maria, companies with property portfolios well-protected against wind and flood outperformed by 10% those companies that were not fully protected.

PREVENTION MEASURES ADD VALUE

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expert BOILER & MACHINERY insight and support

Risk assessment and management remains central to the boiler and machinery insurance proposition today. The maxim that prevention is better than cure still holds true, given losses can run to billions of dollars and impact businesses for many months.

expert BOILER & MACHINERY insight and support

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PREPARE TO PROSPER

end-to-end supply chain coverage

Mining businesses have extended supply chains which harbor risk given that many generally lack visibility and control of partners, especially beyond their "tier one" suppliers and customers. Learn about FM Global’s supply chain insurance.

end-to-end supply chain coverage

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FM Global not only helps you understand and measure exposures, but also to realize the long-term value of completing risk improvement and investing in a plan to protect your mining assets.

PREPARE TO PROSPER

DISCOVER HOW

Equipped with actionable insights on future climate risks, you can focus on building positive Environmental, Social and Governance (ESG) outcomes for your wider community.

Connect with us

Connect with us to hear from your local experts about FM Global’s engineering services and superior property insurance.

This valuable information can help prevent future losses and ensure business continuity.

Mining loss trend report 2024 launches

FM Global has been collecting data on mining industry losses for over 50 years, including incidents such as conveyor belt fires, natural hazards, and mechanical or electrical breakdowns. This valuable information can help prevent future losses and ensure business continuity.

Mining loss trend report 2024 launches

Download this 2024 industry paper to learn more

An article in the Australian Mining journal from Australian mining engineering leader Mike Beaumont on how the majority of fires on mine sites are avoidable and preventable.

MINE FIRES: A BURNING ISSUE

Despite a focus on the issue in recent years, the number of mobile plant-related fires on mine sites remains unacceptably high.

Mine fires: a burning issue

IN THE NEWS

Canadian Mining interview with FM Global's Michael Beaumont, VP Operations, Account Engineering on the 2024 Mining Loss Report.

The Northern Mining Podcast recent interview with FM Global's Michael Beaumont about the findings in the 2024 Mining Loss Report.

Mining’s transition to renewables: navigating and mitigating potential risks. Latest news by FM Global operations chief engineer Mike Hunneyball.

In this latest mining industry paper, learn about the potential financial impact due to the downstream effect of disruption for mining businesses. This paper also explores the various appraisal tools and solutions that the BRC team apply to help mining businesses build more robust resiliency strategies.

FM Global’s business risk consulting services (BRC) team will help you take a quantitative approach to risk management by understanding the financial impact of business disruptions and investing in a plan to protect your mining assets. In this latest mining industry paper, learn about the potential financial impact due to the downstream effect of disruption for mining businesses. This paper also explores the various appraisal tools and solutions that the BRC team apply to help mining businesses build more robust resiliency strategies.

Explore our BRC Services

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