Posted on 08 Jul 2011
As mining organizations pursue growth opportunities outside their home countries, they are challenged by a number of new and emerging exposures. To ensure that these organizations can access the most appropriate global insurance solutions, Marsh this week announced the formation of a new Global Mining Practice that harnesses all of its mining expertise, experience, and relationships around the world.
Andrew Chester, head of Marsh’s UK-based international insurance placement operations, has been named to the additional post of chairman of the new practice. Mr. Chester, based in London, has more than 20 years’ experience in the international mining and heavy industrial insurance industries. He will be responsible for delivering Marsh’s risk advisory and insurance placement strategies to mining clients on a consistent and global basis.
“Our mining clients are increasingly becoming more global and as a result must address a host of new and emerging risks,” Mr. Chester said. “Whether it’s challenges associated with flooding, political instability or compliance with local regulations, Marsh, under a single-practice approach, will be in a better position to provide global mining companies seamless advisory and transactional services to help meet their increasingly complex needs.”