Mining & Energy
Insurance solutions to protect your business
The Australian Resources and Energy sector is complex, highly specialised, and faces increasingly strict Government regulations. Our team understands how this can impact your risk landscape, and how to best support your business through an increasingly rigorous insurance environment.
- Challenges to insurance protection in the Mining and Energy sector have arisen from new and developing industries, from LNG to Wind and Solar.
- In 2018 the sector provided 45% of all goods and services exported, contributing 8.8% to GDP, directly employing 250,000 people, and paying State governments $12 Billion in royalties.
- Considerable investment in LNG export projects of approximately $200 Billion was undertaken between 2009 – 2015, with Australia now the second largest LNG exporter globally.
Are you covered?
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Cyber Insurance
Protect your business from internet-based risks including hacking, data theft, ransomware, misplaced/mishandled files, illegal acts by employees, inadvertent security breaches by employees, improper discarding of computers/hardware.
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Construction & Operations Professional Indemnity
Protection against legal costs and expenses arising from acts, omissions or breaches of Professional duty, in connection with the Insured’s Business.
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Marine Transit Insurance
Cover for loss or damage to goods, machinery and equipment in transit from overseas or within Australia.
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Commercial Property Insurance
Protection for the accidental loss or damage to existing buildings, plant, machinery and equipment.
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Directors & Officers Liability
Protection for individual directors and officers in the event of actual or alleged acts, errors or omissions when managing a company.
News & Insights
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Mon 16 Mar, 2020
COVID-19: Business Interruption, Contingency and Workplace Risk
On 30 January 2020, the World Health Organisation declared the Coronavirus outbreak a Public Health Emergency of International Concern. We sympathise with everyone who has been impacted by the virus and...
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Sun 30 Jun, 2019
The Energy of Renewables
When a single solar farm can surpass the production of a coal-fired power station, the future for renewables is a strong one. Energy and mining industries are specialised and highly...
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Fri 29 Jun, 2018
Update to the NSW Coal Mines Insurance scheme
With changes to the Coal Industry Act 2001 that will come into effect on 1 July 2018, here are the key updates you need to be across to ensure you’re compliant. What...
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Mon 09 Nov, 2015
National Insurance Brokers Association (NIBA)
Since 1988 Honan Insurance Group has been a member of the National Insurance Brokers Association (NIBA), an organisation which represents the interests of the insurance broking sector in Australia. NIBA...
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Wed 10 Sep, 2014
SMEs Embrace Facebook & Instagram
Younger small and medium enterprises (SMEs) have responded to the need of using new media technologies for business with almost 41% of SME owners under the age of 44 using...
