Commercial Explosive Insurance Overview
Our Commercial Explosives Program, written through Lancer’s Nobel Insurance Services division, is designed for manufacturers, distributors, and drilling & blasting contractors whose primary business focus is within the commercial explosives marketplace used in the mining, quarrying and construction industries. Our target market consists of experienced, competent drillers, blasters, distributors, and manufacturers of explosives and explosive devices with a demonstrated focus on safety and compliance with all applicable federal, state, and local laws and regulations. • Manufacturers make various classes of explosives for the industrial marketplace. Many manufacturers are a combination of manufacturing, distribution and blasting contractors. • Distributors often have a mix plant, where ammonia nitrate (AN) is blended with additives, a magazine site, and drilling/blasting operations. • Blasting contractors focus on the blasting operations – generally construction or quarry blasting. True blasting contractors may have a magazine; if not, they will have others deliver to the jobsite. Blasters can both drill and blast and are always responsible for the blast plan at a jobsite. • Drilling contractors—Excluding oil and gas well drilling. • Boiler Slag Removal
• Commercial Auto Liability • Includes Bodily Injury and Property Damage • Limits are available up to $1,000,000 CSL • Uninsured/Underinsured Motorists $1,000,000 • Personal Injury Protection and Medical Payments offered according to state law • Physical Damage • Collision and Comprehensive • Deductibles options range from $1,000 up to $25,000 • General Liability • Includes Bodily injury and Property Damage, Contractual Liability and Personal injury • Limits are available up to $1,000,000 per occurrence, $2,000,000 aggregate • Excess Liability • Available on a following form basis for limits up to $10 million per occurrence excess over a $1 million primary for a total up to $11 million
Completed and signed Nobel Commercial Explosives Application and appropriate supplemental applications • ACORD application for Auto Liability, as applicable • Currently-valued five-year company loss runs valued within 120 days of the policy effective date to include: • Date of loss • Number of claimants • Amounts paid, reserved and expenses • Details of any loss in excess of $25,000 • Blaster Profiles • Automobile schedule including departmental usage, VIN (vehicle identification number), territory, deductible requested, and OCN (original cost new) • List of drivers with driver information
The standard lead time is from the date all underwritingdata is received and available to begin the underwriting process. • New Business - 45 working days • Renewals - 20 working days
Best of all, Nobel delivers value-added services to help you reduce your insurance costs and improve the quality and safety of your explosives operation: ■ On-Site Operational Surveys ■ Safety Audits ■ Regulatory Compliance Reviews ■ 24/7/365 Claim Reporting Hotline ■ Easy-to-Use Accident and Claim Reporting Aids ■ Blueprint for Building a Safety Program Manual ■ Safety Video Library ■ Driver Training Video Packages ■ Risk Alert Video Eblasts ■ Driver Safety Bulletins ■ TruxFacts Newsletter ■ SafetyLink Hotline ■ And much more!
Our explosives claim professionals are poised to provide you with personal attention around the clock, 365 days a year. They are experts in handling explosives-related claims, enabling us to address your loss quickly, efficiently and fairly, and get you back to business fast