Explore. Protect. Prosper.

Loss prevention & engineering

Capacity & coverage

Advancing progress

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

We help our client partners stay at the forefront of an ever changing risk landscape. With proven property insurance expertise, a proactive approach to loss prevention and a focus on continuous research and innovation in areas such as renewables and climate risk – we’re here to be your trusted advisor as your mining operation evolves.

Advancing progress

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 provides accurate, reliable and consistent data on all Imerys sites exposed to climate risks.

Imerys: Building a sustainable future

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

MMG and FM: collaboration in action

FM’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.

The value of resiliency

FM has specialist mining engineers located in all the major centres of excellence globally. 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.

Protection with risk engineering and data

When risk management only goes so far, you can overcome challenges with confidence knowing you have a partner that can offer you 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.

Sean Davidson

Business Development Australia

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Connect with your local mining experts.

Damien Leembruggen

Business Development Australia

Mike Beaumont

Group Manager & Senior Advisor Global

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Eric Jones

BRC Global

Antonio Mendonca

Business Development Canada

Iván Rodríguez

Account Engineering Canada

FM 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

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

Reducing risk and preventing loss to protect 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’s supply chain insurance.

End-to-end supply chain coverage

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FM 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

Mining loss trend report

FM 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

Download this industry paper to learn more

In the news

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

The Northern Mining Podcast recent interview with FM'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 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.

Download here

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Engineering data sheets

Click to download our engineering data sheets.

Engineering data sheets

Electrical testing

Cables and bus bars

Conveyors

Mining and mineral processing

Heavy duty mobile equipment

Asset integrity

Hot work management

Operators

Gears

Industrial control systems

Switchgears and circuit breakers

Hydraulic fluids

In the news

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Engineering guidelines and loss prevention specifications for mining operators.

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

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Matt Pilgrim

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Account Engineering Group Manager Australia

Steven Sneiders

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Business Development West Europe

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Account Engineering Europe

Timothy Gladdine

Business Development North Europe

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James Chen

Reduce the potential for a fire-related loss at your facility with FM’s fire response plan.

Emergency checklist: wildland fire

Download this industry paper to learn more

Reduce the potential for a fire-related loss at your facility with FM’s fire response plan.

Emergency checklist: wildland fire

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

MMG and FM: collaboration in action

Mining loss trend report

Download this industry paper to learn more

Heavy duty mobile equipment

Lithium-ion battery

Data centers

Industrial control systems

Research and fire testing

Please find below the Lithium Ion Storage System fire testing carried out at the FM Research Facility. This research concluded with findings available on the FM data sheet below.

Fire Hazard of an 83 kWh Energy Storage System Comprised of Lithium Iron Phosphate Batteries

Fire Hazard of a 125 kWh Energy Storage System Comprised of Lithium NMC Batteries

Download data sheet here

Sprinklered Test of a 125 kWh Energy Storage System Comprised of Lithium NMC Batteries

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Sprinklered Test of an 83 kWh Energy Storage System Comprised of Lithium Iron Phosphate Batteries

Imerys: Building a sustainable future

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Business Development Central Europe

Jack Sanderson

Steven Sneiders

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Business Development West Europe