Safehold Particular Danger, a part of Innovation Development Companions Specialty, has rolled out a Specialised Gear Protection Programme in affiliation with Live performance Specialty Insurance coverage Firm, a member of the Live performance Group.
The programme will present insurance coverage protection for contractors’ tools inside the agricultural, development and forestry industries.
The protection choices allow stand-alone insurance policies or integration with different Safehold Particular Danger programmes.
Contractors with tools can even go for blanket protection.
This programme will not be accessible within the following US states: Alaska, California, Colorado, Connecticut, Hawaii, Massachusetts, Minnesota, Maine, New Jersey, New York, Oregon and Wisconsin.
Live performance Group chief underwriting officer Joe Alberti mentioned: “We’re delighted to associate with Safehold in assist of this extremely specialised programme. As we proceed to construct a diversified e book of enterprise, we search for alternatives to supply modern options to area of interest sectors of the market. This programme is properly aligned with that goal.”
Live performance Group is an insurance coverage holding firm offering fronting and associated companies throughout the US by way of its subsidiaries.
Safehold Packages President John Paulk III said: “Our workforce of insurance coverage specialists handle tools danger exposures, permitting us to leverage our in-house underwriters who perceive the nuances of apparatus danger. Whether or not it’s a single tractor or a schedule of cellular tools price hundreds of thousands of {dollars}, this new programme helps our purchasers entry specialised protection choices at aggressive costs.”
Working nationally, Safehold Particular Danger affords insurance coverage options to varied area of interest markets and industries all through the US, functioning as a managing normal underwriter with authority to underwrite on behalf of each admitted and non-admitted carriers.
