Crane & Rigging

Offered by eMaxx Assurance Group of Companies, Inc.

Crane & Rigging Construction Construction Equipment Steel Erection Equipment Rental

Description

Variable cost captive insurance programs are outperforming the traditional market and a more viable solution – Members assume risk and control their own destiny. eMaxx has developed Member owned variable cost captive insurance solutions through eCaptiv, a sponsored captive reinsurance company in Vermont.

About & Advantages:
• Ability for Members to receive underwriting profits and dividend returns
• Investment Income accumulates to the benefit of the Members
• Members manage their own insurance program through participation on Board of Directors and Governing Committees
• Reduction of program operating costs with sponsored captive reinsurance company structure
• Ability to have more control over insurance costs with favorable loss experience and potentially insulate from large premium swings
• Tailored coverages for Commercial Automobile, Workers
Compensation, General Liability
• Access extensive Claims Management and Loss Prevention and Safety programs
- Innovative Litigation Management program
-Industry-specific packages for loss control and training that can be tailored for each individual Member
- Web-based educational and training platforms including eLive Connect
• Adoption of risk management technology programs such as
dash cameras, telematics and online training as key elements in combating nuclear punitive damage judgments and commercial auto trends
• Traditional collateral solutions such as cash and letters of credit
along with proprietary and non-proprietary off balance sheet alternatives

Target Classes:
• Crane Rental with operator
• Crane Rental without operator
• Steel Erection
• Rigging - outside above operations
• Millwright - machinery moving & installation
• Sales of Equipment – new and used
• Heavy Hauling – transportation of equipment
• Rental of Equipment with operator
• Rental of Equipment without operator
• Equipment Rental Hoist with operator
• Equipment Rental Hoist without operator
• Warehouses

Insurance Coverages:

• Commercial Auto
- Property Damage
- Bodily Injury
- Upset & Overturn / Sudden & Accidental Pollution
- Auto Physical Damage
- Mobile Cranes per state requirements

• General Liability
- Products Liability
- Completed Operations
- Rigger’s Liability

• Workers’ Compensation
- Statutory Coverage
- Employers’ Liability

• Excess

Carrier Information

Rating A- (Excellent)

Rating By AM Best

Offered By

eMaxx Assurance Group of Companies, Inc.

10 listings in 50 states + DC

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Availability 50 states + DC

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Covered

Not Covered

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