Thursday, December 18, 2008

Markel, J.C. Stevens Team on Small Cranes

Markel Insurance Co., a division of Markel Corporation, announced a renewed commitment to its partnership with J.C. Stevens Inc. (JCS) to administer a tailored insurance program for small crane companies and to work with the crane companies' local agents to arrange an appropriate insurance program for them.

"Small crane operations represent a very specialized market with unique needs for insurance coverage. Without the expertise of a knowledgeable advisor, small crane companies can carry exposures that are potentially detrimental to the continued success of their business,' stated Megan Rose, program manager at JCS. "Together, Markel and JCS bring the experience required to address this specialty market," she added.

Frank Noyes, executive underwriter at Markel Insurance Company commented, "It is important that we work closely with our agency partners to develop a full range of coverages for the benefit of our insureds. For instance, many small crane clients are unaware that they can get riggers on-hook coverage endorsed onto their general liability policy to protect the load while it is being lifted."

Since 2005, Markel and JCS have targeted small crane businesses that lift signs, trusses, HVAC units, and other building materials. Together, they provide a one-stop shop for general liability, excess liability, and auto insurance, and can turn around quotes in one day.

Their combined experience can be a benefit to crane rental companies, both with and without operators, and to general contractors with crane exposures that are not covered under their general liability policy.

No comments: