Blogger Archives: Steve Higginson

Steve Higginson

Steve is the Willis Mining Practice Group Leader. Based in Melbourne, Australia, and with more than 30 years of experience in the minerals and mining industry worldwide, he is an expert on the insurance implication of the extraction, smelting, refining and transportation business associated with the sector.

Video: Claims Disputes Spark Calls for Standard Mining Wording

by Steve Higginson, April 18, 2012 | Posted in Mining

As stated in our most recent Mining Market Review, the mining insurance industry was rocked by natural catastrophe and operational losses to the tune of $3.5 billion last year – almost six times the estimated annual premium base of $600m. … Continue reading → Continue reading →

Biggest Risks Facing Mining Industry

by Steve Higginson, February 8, 2012 | Posted in Mining

In my last blog, I referred to the number of losses suffered by the mining industry over the past five or so years. I noted that losses originated from a plethora of causes including natural catastrophes and operational shock losses. Continue reading →

Emerging Mining Risk of 2012

by Steve Higginson, January 24, 2012 | Posted in Mining, Supply-Chain Risk

Contingent Business Interruption (CBI)/Supply Chain exposure is the greatest unknown in the insurable risk transfer business. It has been an insured extension to most Industrial Special Risks insurance contracts for decades, but the impact of globalization on this extension has only really been felt in the last few years. Continue reading → Continue reading →

Largest Mining Claims of 2011

by Steve Higginson, January 3, 2012 | Posted in Mining

In the mining industry, the word “claim” has a rather different meaning. Continue reading → Continue reading →

Scariest Mining Risk: Coal-tastrophe

by Steve Higginson, October 31, 2011 | Posted in Mining

When we are young, our parents calm our fears of the dark by turning the light on. But what would happen if the light didn’t come on? Continue reading → Continue reading →