Specialist general insurance broking and risk consultancy services.

Resource Industry Liability Facility (RILF)

Many companies operating in the resources industry have difficulty purchasing acceptable Public & Products Liability insurance because many insurers:

  • Have minimum premiums of $5,000 - $10,000 or more.
  • Don't want to cover offshore activities.
  • Don't want to cover underground activities.
  • Won't agree to provide principals indemnity cover.
  • Want minimum Worker to Worker deductibles of $25,000 or $50,000.
  • Won't cover overseas activities.

Using our resource sector expertise, CKA has developed a facility with Lloyd's of London.

With a simple application process and same-day response, we can arrange Public & Products Liability cover with minimum premiums starting at $1,000.

Traditionally difficult to place covers such as overseas locations, underground activities and coal mining are all acceptable within this facility.

Other features include:

  • Comprehensive resource sector specific wording with principals indemnity extensions.
  • $250,000 Care, Custody & Control cover.
  • Worker to Worker excess of $10,000 to $25,000.
  • Standard $10,000,000 limit with $20,000,000 available.

Typical clients include:

Drillers – above & below groundAir leg minersShaft sinkers
Mobile plant operatorsFittersEngineers
GeologistsRehabilitation consultantsRock bolters
Underground electriciansDewatering contractorsMine site catering
Equipment supplyForemanSupervisors
Shift bossesCharge up crewMachine operators
Off-shore consultantsSub-sea contractorsDeputy mine managers
ExplorationDrill and blastMineral Exploration companies
Engineers / consultantsTenement holders 

 

RILF is available direct to clients or approved third party brokers.

When arranging insurance through Lloyds CKA is acting under a binder, which means we act as an agent of Lloyds, not the client.

Please This e-mail address is being protected from spambots, you need JavaScript enabled to view it our office for a proposal form.