Insurance Solutions for Crane Rigging Service Providers
Heavy Iron Underwriters
Our extensive experience with multi-line coverage for Heavy Iron Operators allows us to deliver broad, industry-specific coverages.
Carriers:
Admitted & Non-Admitted with A.M. Best ratings of A- VIII
Availability:
Coverage is available in all states except AK, HI, and NY. In MA only General Liability Coverage is available.
Primary Commercial General Liability – $1M/$2M/$2M
Occurrence Coverage with Manuscript forms
Primary Commercial Auto Liability – $1M Combined Single Limit
Comprehensive and Collision Auto Physical Damage
Follow Form Excess Liability – Up to $10M
Crane Rental With or Without Operator
Crane Rental With or Without Operator
Rigging
Steel Erection
Structural Movers
Completed Supplemental Application
Completed ACORD Forms
Copy of Current Daily Work Ticket, Equipment Rental Agreement, and Safety Manuals
5 Years of loss runs valued within 90 days of the effective date
Large Loss Descriptions – Claims Over $50K
Equipment, Vehicle, and Driver Schedules in Excel or CSV Format
Expiring & Target Premium
Supplemental Applications & Questionnaires
CONTRACT RISK MANAGEMENT
Redstone Heavy Iron Division delivers innovative contract risk management services to our Producers on behalf of each policyholder written under our program.
This proprietary contract risk management process is integrated in Redstone Underwriting and Claims Administration steps via our unique alignment with our Legal Team Partners.
The expressed purpose is to protect our policyholder interests in an effort to reduce their ultimate claim costs.
Our Brokers and Policyholders have direct access to our easy-to-use shared website platform for high-efficiency contract administration.
Crane & Steel Erection related accounts utilize: craneandrigging.risktheorylosscontrol.com with proprietary ‘Click-Through’ technology with industry-specific standards-based contract recommendations.
RAPID RESPONSE CLAIMS
Redstone Heavy Iron delivers proprietary claim handling methods via Applied Claims Group, our highly experienced TPA partner through our custom process design with select crane industry expert risk management resources.
Our unique claims process is designed to deliver optimal loss mitigation results for Redstone Heavy Iron policyholders.
The Rapid Response Claims Model includes Redstone quality control oversite for TPA timing with the engagement of various professional claims resources.
Rapid deployment of seasoned forensic accident investigation engineers.
Immediate post-incident legal contract analysis & loss tender support.
Strategic assignment of pre-selected, local panel defense counsel to meet our rapid file closure objectives. Each of these professional risk management resources has over 20 years proven experience in reducing loss exposure for Heavy Iron related operations.
RISK MANAGEMENT TOOLS
Redstone Heavy Iron delivers proprietary claim handling methods via Applied Claims Group, our highly experienced TPA partner through our custom process design with select crane industry expert risk management resources.
Lift Plan Assist Tool
Provides policyholders easy-to-use actionable intelligence for integration of ASME* P30 Standard – based requirementsinto their respective Company Safety & Quality Control Programs.
Fleet Safety Assist Tool
Provides policyholders easy-to-use actionable intelligence for integration of ATRI* ‘BASIC’ (Behavioral Analysis & Safety Improvement Category)recommendations into Company Safety Programs.
Safe Culture Assist Tool
Provides policyholders with additional actionable intelligence for the integration of NAS* – based research recommendations for assessing and enhancing Company Safety Culture protocols.
Doing business in California and Utah as Redstone Insurance Services. Doing business in Illinois as Redstone Insurance Agency. Doing business in New York as Redstone Underwriting Agency.