Safehold Particular Danger, a part of Innovation Progress Companions Specialty, has rolled out a Specialised Tools 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’ gear inside the agricultural, building and forestry industries.
The protection choices allow stand-alone insurance policies or integration with different Safehold Particular Danger programmes.
Contractors with gear may also go for blanket protection.
This programme isn’t 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 companion with Safehold in help of this extremely specialised programme. As we proceed to construct a diversified guide 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 providers throughout the US via its subsidiaries.
Safehold Applications President John Paulk III acknowledged: “Our group of insurance coverage consultants handle gear 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 gear price tens of millions of {dollars}, this new programme helps our shoppers entry specialised protection choices at aggressive costs.”
Working nationally, Safehold Particular Danger gives insurance coverage options to numerous 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.
