Some areas with unseen risks that Aon can help you identify include:
Environmental:
All pollution related issues can be assessed and appropriate insurance solutions can be developed to address them.
Legal:
Corporate governance, joint venture disputes, contract risk negotiation, directors’ and officers’ liability.
Political and Regulatory:
Many natural resources companies have significant exposure to potential claims for kidnap and ransom, antitrust / collusion, transmission confiscation, regulatory and related risks.
Human Capital:
The loss of a key employee or associated loss of intellectual property, failure to comply with best employment practices, and incidents involving workplace violence.
Financial:
A natural resources company’s overall performance is also affected by a variety of financial and economic risks such as fluctuations in stock market values, commodity prices, interest rates, and exchange rates.
Minimising Impact
Aon has the largest group of dedicated natural resources professionals in the industry who understand the unique environments in which natural resource companies operate. Our years of experience, not only in controlling the cost of insurance coverage, but also in minimizing the overall financial impact of exposures inherent to natural resource operations makes us a leader in risk management in this sector.