Mining Companies Focus on Risk Management at North American Mining Summit

ST. LOUIS, Jan. 31, 2012 /PRNewswire/ -- To meet the risk management demands of the increasingly complex mining industry, Lockton's Mining Practice will host the North American Mining Summit, February 28-29, 2012 at the Hilton St. Louis at the Ballpark, 1 South Broadway. The goal of the summit is to give attendees a broad view of the political and commercial areas of risk and opportunity for North American mining firms involved in the global commodities markets.

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"Given the limited insurance market appetite for mining risks, the need for information, resources and specialized expertise is critical," said Ryan W. Brown of Lockton who is hosting the event. "This important session brings together a world-class panel of risk experts in property, casualty, surety, claims, and employee benefits."

Lockton's Mining Practice will host financial executives, risk managers, human resources professionals, safety leaders, and other mining executives at the two-day meeting focusing on risk management and employee benefits issues affecting the industry.

The event will include speakers from ACE, Alterra, American Mining Insurance Company, Arch, Ariel Re, Aspen, Chartis, Dempsey Partners, FM Global, Munich Re, Swiss Re, and Zurich.  The keynote will be delivered by Simon Sole, CEO of Exclusive Analysis.

"We are honored that David E. Benedict, Chief of Insurance and Financial Compliance of the U.S. Department of Labor's Division of Coal Mine Workers' Compensation will deliver a special opening breakfast session on Feb. 28 for coal operators," according to Brown. Benedict is expected to release details of the Labor Department's new underwriting guidelines for the self-insurance program for coal mine operators.

For the full Summit two-day agenda, go to http://conta.cc/rGe15v or contact Ryan Brown at rbrown@lockton.com.

About Lockton
More than 4,100 professionals at Lockton provide more than 15,000 clients around the world with insurance, benefits, and risk management services, offering an uncommon level of client service. From its founding in 1966 in Kansas City, Missouri, Lockton has grown to become the largest privately held insurance broker in the world and 9th largest overall. Independent researcher Greenwich Associates awarded Lockton its 2011 Service Excellence Award for risk management for large companies. For three consecutive years, Business Insurance has recognized Lockton as a "Best Place to Work in Insurance."

SOURCE Lockton