Miner Rescue Insurance
Insurance solution for high risk mining operations
Miner Rescue Insurance provides essential financial support during catastrophic underground or open pit incidents, helping companies respond quickly, responsibly, and effectively, subject to policy terms, conditions and limits. Through our Lloyd’s consortium, we will be able to offer rescue insurance solutions to mining operators across different geographies.
A unique insurance solution for miner rescue risks
The first party coverage is designed to fund the cost of rescuing trapped miners or contractors as agreed on the policy. It fills critical gaps left by traditional casualty and property insurance by offering a trigger that responds when individuals are trapped underground and unable to reach the surface. Coverage continues until the rescue operation is completed or formally declared impossible, with media related expenses supported for an additional 14 days thereafter.
Coverage and limits
This cover is designed to support mining operations following an incident involving workers or contractors trapped underground and may include the coordination of rescue and recovery efforts, access to specialist equipment and personnel, operational and logistical support, temporary accommodation for families and response teams, assistance with the restoration of mine operations, and support for media, community and investor communications. The availability of specialist resources may help facilitate a timely and coordinated response when access to affected individuals is required.
USD 40m
per project
Why work with us?
Expertise
We connect you with expert-driven solutions and services for all your specialty insurance needs.
Financial strength and stability
Our robust financial backing, 140-year legacy, and extensive global resources give us the reach and scale to help you navigate the shifting insurance landscape.
Dedicated partnership
As trusted advisors, we work to understand your needs and tailor solutions to help you grow your business with confidence.
Specialist claims & loss support
Integra and IRIS claims loss adjusting support.
As part of this policy, all insureds have access to IRIS (Integra Remote Inspection Solution), putting them at the centre of the claims process from the start, providing:
Immediate visual access to the incident for key stakeholders
More informed and earlier decision making
Faster analysis of loss exposure
Remote monitoring of repair projects
Reduced costs of on-site attendance and meetings
Real-time training opportunities at no cost
IRIS (Integra Remote Inspection Solution) is provided by Integra Technical Services (Integra). Information and data generated through IRIS are supplied by Integra to support the claims process. Munich Re Specialty retains full claims authority and all claims decisions are made at its discretion, based on the information available to it at the relevant time and subject to policy terms and conditions.
Learn more here: Iris - Integra Remote Inspection Solution
24/7 claims support from Integra
Integra provides continuous claims support from first notification onwards.
- TellIntegra’s First Notification of Loss portal gives insureds a direct channel to notify stakeholders of an incident
- IRIS enables real-time remote inspection and monitoring of incidents from any global location
- Full access to IRIS inspection output for key stakeholders
- Dedicated claims adjusting and risk management support throughout
To find out more about IRIS and TellIntegra, visit their website.
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