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Gold miner AngloGold Ashanti has appointed Marcelo Godoy as its chief technology officer (CTO), with effect from November 1. Godoy, a mining engineer who holds a master's degree in geostatistics and a PhD in strategic mine planning, joins AngloGold Ashanti from NYSE-listed gold mining company Newmont Corporation where he is senior VP for exploration.

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Global insurance broking: Oil and gas industry

Insurance broking services in the oil and gas sector 21 Key aspects of risk management in the oil and gas industry 21 Advantages of engaging insurance brokers in the oil and gas industry 31 ... environmental risk– includes pipelines, chemical, mining, primary metal and steel

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Mining and Mineral Rights Indemnity Insurance - Lender ...

The intention of mining and mineral rights indemnity insurance is to grant indemnity in respect of the risks set out in the policy schedule - so it's important to check the document to determine that it is as it should be. The duration of this non-investment insurance contract is in perpetuity unless otherwise stated in the mining and mineral ...

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Mining Industry Engineering Insurance exposure

main specialised machinery and equipment used. This industry is exposed to specific high hazards and risks and these are highlighted in detail for insurance underwriters' appreciation when dealing with the typical Engineering insurance coverages for the mining industry. The paper also includes typical loss examples and some essential loss

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What is a hazard and what is risk?

A hazard is a source or a situation with the potential for harm in terms of human injury or ill-health, damage to property, damage to the environment, or a combination of these. Hazards at work may include noisy machinery, a moving forklift, chemicals, electricity, working at heights, a repetitive job, or inappropriate behaviour that adversely ...

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Mining Contractor Insurance | Mining equipment insurance | EBM

Mining Services. EBM offers the mining industry its expertise which has been gained over more than 30 years spent working with companies operating across the country and internationally. Today EBM acts for more than 200 mining and mining-related companies, giving us enormous insight into how the industry operates and the unique risks faced. EBM ...

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Aon | Energy - Risk

Aon Energy is a specialist division within Aon, providing risk advisory and broking services to oil and gas clients worldwide. By leveraging our team's expertise and Aon's capabilities across a global network, we deliver the full power of Aon to clients spanning the full spectrum of the hydrocarbon industry - from fledgling exploration and production companies to multinational ...

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Agricultural risks | Munich Re

Agricultural insurance remains one the most effective ways to manage your risk. We start by assessing the risk and finding the right parameters to measure it. We offer an optimized solution for any agricultural risk you might have, which might include a variety of parametric covers based on yield or weather indices, among others.

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| Annual Report to Shareholders on Form 10-K

The Resource Industries segment is primarily responsible for supporting customers using machinery in mining, heavy construction, and quarry and aggregates. ... Life Insurance Company has entered into a reinsurance agreement with Insurance Company, assuming of the risk of an Accident and Health Stop Loss Insurance ...

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Insuring Your Business

Feb 27, 2020· Learn About the Types of Business Insurance You May Need. Specific and Non-Specific Hazards in Underground Mines. Why You May Need Key Person Insurance. 10 Ways to Increase Your Cost of Business Insurance. Oh No! It's a Non-renewal Notice! Business Insurance for a Hotel, Motel or Bed and Breakfast. Self-Insurance Options for Small …

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Zimnat Specialist Insurance | Engineering, Construction ...

Unlike our 'Assembly All Risks' this excludes coverage of machinery, equipment or apparatus during the process of installation or construction. Instead, Construction All Risks insures buildings and civil engineering projects against physical damage or destruction. Key benefits. You can choose what is covered by your Construction insurance.

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Bitcoin Insurance Agency | Innovation Insurance Group

Combining his talents as a network security insurance expert and an insurance product development expert, Ty Sagalow is the leading expert on the unique risk and insurance needs of the bitcoin industry. With the successful sale of BitSecure(tm), the first bitcoin theft insurance policy in February of 2015, he is the first to create a sustainable, robust insurance policy to …

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Contractors Plant Insurance | Coverforce Insurance Brokers

However, there can be significant risks associated with working on large scale projects and operating heavy machinery which need to be responsibly managed. Contractors Plant or Equipment Insurance provides insurance cover to businesses and individuals within the mining, excavation/earth moving, crane hire, civil and related industries.

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Marine | Insurance Broking & Risk Management | Marsh

Mar 25, 2021· The physical and mental well-being of seafarers is a top priority for the maritime community, more than ever. The Neptune Declaration, which aims to protect and promote the safety and well-being of seafarers, was recently issued.Many seafarers were stranded on vessels far beyond their employment contract date, leading to profound safety and emotional well …

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RISK ASSESSMENT Occupational Health (Impacts and ...

RISK ASSESSMENT . Occupational Health (Impacts and Mitigation Measures) ... Safety of employees and maintenance of mining equipment is to be taken care of as per the Mine Regulations, 1961 and Circulars of DGMS. To avoid any adverse effects on the health of workers due to dust, heat, noise and vibration, sufficient measures ...

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RISK MANAGEMENT HANDBOOK FOR THE MINING INDUSTRY

• suppliers of equipment, machinery and services to mining organisations to undertake risk assessments of what they are supplying, or to contribute effectively to risk assessments undertaken by the mining organisations; • staff of the Department of Mineral Resources to guide and review risk assessments

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Construction & Engineering Insurance | Hollard

The broker plays a particularly important role here, by designing insurance solutions that satisfy both a client's needs and their contractual obligations. Plant all-risk insurance provides cover for construction plant. Brad Edwards. 011 351 1715. [email protected]

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Risk Engineering | Zurich Australia

There are separate gradings available for property fire, business interruption, machinery breakdown, theft and a range of natural perils. In addition we have specific industry gradings for mining, power generation and oil or petrochemical risks. Benchmarking

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Insurance Fraud Manual

Aside from tax fraud, insurance fraud is the most practiced fraud in the world. The insurance business, by its very nature, is susceptible to fraud. Insurance is a risk distribution system that requires the accumulation of liquid assets in the form of reserve funds that are, in turn, available to pay loss claims.

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Critical Risks and Controls | Risk Management in Mining

Critical risks are defined as events that can cause grave damage to the mine operation or result in worker fatality. These are the "show stoppers" essential for control. Examples include mine fires, ground failures or fatalities. Critical risks and controls have been evaluated through a partnership with the Minerals Industry Safety & Health ...

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How to Minimize Risk When Lending and Borrowing Equipment

Sep 24, 2015· Borrowing equipment is a common occurrence in the construction industry as it can save time and costs. Whether it's for an hour or a week, there's always the risk of damage to borrowed equipment. There are also potential gaps in construction equipment coverage that could make borrowing equipment a very expensive and sometimes awkward situation.

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Bitcoin Mining Facilities - What Property Insurers Should ...

Feb 24, 2021· Due to the sense of urgency involved in digital mining, the equipment is usually pushed to its operating limit and I encountered one risk with a temporary, sub-standard cooling arrangement. It's not uncommon to repurpose a large factory, such as a retired metals smelter or other heavy manufacturer, into a crypto-mining operation because of ...

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Home | Mining & Construction Equipment | MHS Plant ...

Based in Midrand, Johannesburg, MHS Plant and Equipment specialises in the import and export of mining and construction equipment. Buying and selling construction and mining equipment throughout Africa, Australia and the Americas. Providing solutions to liquidate assets for mining and financial institutions on a global scale

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Business Insurance for Bitcoin Mining Companies | TRUiC

Aug 27, 2021· Business insurance is designed to protect your small business from financial harm. Bitcoin Mining Companies face their own specific set of risks and liabilities. There are many types of business insurance policies, from general liability insurance to workers' compensation and more, which you may encounter. Learn which types of insurance policies …

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Mining | Insurance Broking & Risk Management | Marsh

Jun 25, 2021· The complexities of mining project lifecycles require understanding that goes beyond traditional ways of managing risk. Our 300 dedicated global specialists deliver robust, cost-effective risk management and risk transfer programs that enhance project resilience.

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Gallagher International Operations | Gallagher UK

Gallagher is one of the largest global insurance brokerage and risk management companies in Canada with over 800 insurance professionals and operations in over 31 locations within British Colombia, Alberta, Manitoba, Ontario, Quebec and Nova Scotia. Through this extensive network of offices, we plan, design and service a full array of insurance ...

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Insurance for the Mining Industry | Lockton Companies

We provide a full range of insurance and employee benefit solutions for the exploration, financing, construction, and operational phases, and – ultimately – mine closure. Our specialists have deep knowledge of mining risks, gained through personal experience within both the mining industry and the insurance industry.

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Mining Insurance - Price Forbes (Pty) South Africa

All areas of the mining, minerals and metals production industries are under control with our expert mining team; comprised of geologists and financiers our expertise goes well beyond straightforward insurance. Getting Price Forbes involved in your mining project as early as possible enables us to mitigate risk in the most cost effective manner.

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Equipment Insurance Rate Calculator | Risk Services

This calculator calculates an annual cost. When you enter your item in EIS, your charges will be prorated based on the number of months left in the policy year. Please note: We have a $5 minimum premium. If your estimated rate is less than $5, you will be charged $5. This rate is an estimate based on the current rate. EIS will calculate the ...

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Engineering Insurance | Allianz

Annual survey identifying business risks. A trio of Covid-19 related risks heads up the 10 th Allianz Risk Barometer 2021, reflecting potential disruption and loss scenarios companies are facing in the wake of the coronavirus pandemic.The annual survey on global business risks incorporates the views of 2,769 experts in 92 countries and territories, including CEOs, risk …

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Business Interruption Exposure – An Underwriter's Guide to ...

An insurer must take these changes into account when underwriting a proposed risk. Business interruption risk must no longer be seen as simply being an appendage to property insurance, but as an independent type of risk that can cause considerable losses for both the policyholder and the insurer.

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Data Mining Benefits, Costs and Risks - Butler Analytics

Mar 16, 2013· A strongly supervised data mining initiative (supervised by domain experts) has many benefits, but ultimately the benefits have to exceed the costs and be worth the risks. One of the most common uses of data mining is in sales and marketing. Market basket analysis is widely used to establish buying habits of customers, typically in a retail ...

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