Annual Meetings-High Value/High Exposure Contractors Equipment - Logging and Recycling - Will Denbo, Commercial Insurance Agency and Dan Curran, Amwins

High Value/High Exposure Contractors Equipment - Logging and Recycling - Will Denbo, Commercial Insurance Agency and Dan Curran, Amwins

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Pdf Summary

The document provides information on scrap recycling and inland marine cover. It covers topics such as types of equipment used in scrap recycling, claim examples including a car baler fire and equipment overturn incidents, and risk selection factors like loss history and preventive maintenance. It also discusses coverage terms and conditions, equipment typically covered, and miscellaneous tools and equipment in the industry. The importance of fire prevention, theft prevention, and employee training in operations is highlighted. The Inland Marine Underwriters Association (IMUA) is introduced as a not-for-profit association dedicated to advancing the interests of the commercial inland marine insurance industry by providing educational resources and information to underwriters and other stakeholders. The IMUA does not dictate underwriting or claims decisions but serves as a valuable resource for the industry. Key members of the IMUA team are listed, including President Kevin O’Brien and Education/Training Specialist Eileen Monreale. Overall, the document emphasizes the importance of risk management, proper coverage selection, and industry best practices in the scrap recycling and inland marine insurance sectors.

Asset Caption

Presented by:
Will Denbo, Commercial Insurance Agency and Dan Curran, Amwins

Keywords

scrap recycling

inland marine cover

equipment used

claim examples

risk selection factors

coverage terms

fire prevention

theft prevention

employee training

Inland Marine Underwriters Association