At a Loss for Certainty?
How do you find out what really occurred when there’s a mining loss? When the dollars are great, it’s vital to reduce the risk of getting only a partial answer.
Without a full forensic analysis of the event, it’s not necessarily clear what elements of the loss are covered by policy. Whether subrogation is warranted. Or how to prevent it from happening again, here or elsewhere. These three factors may make a difference of millions of dollars, and even lives.
Getting objective answers starts with engaging the right expertise.
The complexity of mining “accidents” and failures greatly differs from the knowledge, perspectives and resources required to design, build and maintain efficient mine operations. It demands forensic expertise in the interplay of many factors, including:
• Material, Mechanical and Electrical
Unless your engineering resource is steeped in the experience of how things go wrong and armed with the tools of forensic analysis, your risk of obtaining incomplete, legally challengeable answers may be unacceptably high.
If you want to get to the bottom of mining losses, get in touch with Reid Stanway at 416.368.1700.