Pittsburgh, PA – September 4, 2015: Allied Insurance Brokers, a leading broker of the crane industry with over 350 clients nationwide, is excited to announce a partnership with ProSight Specialty Insurance, a Best ‘A’ rated insurer with vast experience in the construction industry. This partnership marks the arrival of a new, all-lines insurance program specifically tailored for the crane industry and offers innovative risk management tools, loss control solutions, and specialty claims management services. This coverage is available nationwide within the continental United States.
Designed with Crane companies in mind, Allied and ProSight’s all-lines insurance and risk management solution addresses the complexities of this industry’s risks and meets the actual industry needs and concerns of today’s crane industry professionals. Allied and ProSight are able to deliver to the industry this highly customized insurance program in one simple, comprehensive package, making things easier on the crane businesses in the event of an accident involving multiple lines of coverage.
With our one-stop all-lines approach, Allied and ProSight’s Crane Program eliminates any claims confusion due to multiple insurance carriers and provides a better customer experience overall. The product offerings include:
• General Liability
• Workers’ Compensation
• Riggers Coverage
• Inland Marine
For crane professionals—safety is paramount. While education is central to creating a culture of safety, businesses must further minimize risk with the appropriate protection. This new insurance product from Allied and ProSight is an ideal solution for businesses looking to seamlessly safeguard themselves by coordinating multiple lines of coverage under one roof.
Allied and ProSight are not only showing their commitment to the crane industry, they are showing their commitment to crane operators and workers. According to a study by the Center for Construction Research and Training, from 1992-2006 a total of 323 construction workers’ fatalities resulted from a total of 307 crane accidents. The top three causes of these fatal accidents were overhead power-line electrocutions, crane collapses, and workers that had been struck with crane booms or jibs. This program and its risk management services are aimed at increasing overall equipment safety, expanding worker training, and reducing the likely hood of worker injuries.
“With over 20 years of experience, the crane industry is one that is very near and dear to us here at Allied,” said Marty O’Brien, Allied’s Chairman & CEO. “Our passion and knowledge for the crane industry, along with ProSight’s specialty resources, allowed us to assemble a program that covers all facets of crane risks. With this program, we are looking to help strengthen crane companies by making them safer and more profitable organizations. This is what Allied is all about…being Solutions Driven and contributing in very impactful ways that benefit the entire industry.”
By partnering with Allied, ProSight is able to apply over two decades of knowledge and experience to their unique and innovative solutions that are designed to offer highly customized products and services within one product offering.
“We are very excited about partnering with Allied and customizing an insurance offering which is tailored to the crane industry. With construction at its highest point in years, it is the right opportunity for ProSight and Allied to bring a customized all-lines approach to the table.” said Jake Morin, Program Executive for several of ProSight’s Construction programs.
Allied is a Solutions Driven organization. Founded in 1982, Allied is a nationwide property & casualty insurance broker focused exclusively on serving the Crane, Scaffold, Rental Equipment and Party Goods, Concrete Pumping, Wood Products, and Non-profit & Health and Human Services industries. That focus creates a wealth of benefits for our clients as we deliver on our year-round commitment to reduce your total insurance cost and help you create a stronger, safer business overall. Our philosophy is that coverage is the start, not end, of our work as your business partner. It’s all part of our Solutions Driven focus. Visit www.alliedinsbrokers.com to learn more.
About ProSight Specialty Insurance:
ProSight Specialty Insurance was founded by CEO Joseph Beneducci in 2009. The company focuses on niche markets where it has differentiated underwriting and claims expertise, and partners exclusively with specialist distributors who have a deep understanding of their customers. It underwrites on the paper of ProSight Specialty Insurance’s group of insurance companies, which hold financial strength ratings of “A” from AM Best and A+ from Standard & Poor’s. Based in Morristown, N.J., ProSight Specialty Insurance has regional offices in Los Angeles, New York and Santa Rosa, Calif. and owns and manages Syndicate 1110 at Lloyd’s of London. More information about ProSight Specialty Insurance and its member insurers can be found at http://www.prosightspecialty.com
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*Allied does not deem this blog entry as a complete and thorough listing or overview of the above topic, and does not recommend it be primarily relied on. It only highlights some common issues and resolutions. For a thorough overview, please contact Allied’s Risk Engineering Division.