The risks associated with the mining industry is disproportionately high compared WITH THOSE encountered by MOST insurance brokers.
There are very few brokers who have actively been involved mining. Costello Webster know you don’t run mines from the city office, nor can you place the insurance in that manner. Our team know that if you are not on site working with the key executives, you can never understand the complexity of risk that miners face.
Several hundred hours have been spent on site at open pit mines like Gloucester Coal in NSW; regularly visiting underground to view the progress on the installation of a new 'Longwall'. We also visited Caledon Coal at their Cook mine in the Bowen Basin. An office environment would not allow a broker to understand the extreme complexity of the construction and development project by Compass Resources of the Browns Oxide project in the Northern Territory.
At Costello Webster & Co we recognise it is not just knowing the client’s business, it is knowing the highly specialised insurer that will accept the mining risks. Our Manging Director - Lance Costello - has travelled annually to all the world’s major mining insurance markets in London, Munich, Hannover and Beijing. It is this dedication and understanding that we apply to our work, and to confirm our position as a specialised broker with in the mining industry.
For a competitive and no obligation review of your insurance needs, please contact us.