Asphalt & Concrete Plants With A Focus On Business Income-Asphalt & Concrete Plants With A Focus On Business Income

Video Transcription

Video Summary

The webinar titled "Asphalt and Concrete Plants with a Focus on Business Income" was hosted by Lillian Coulson and featured subject matter experts Trish Fallard, Nick Ferry, and Evan Marshall. They discussed the types of asphalt and concrete plants, equipment used, underwriting considerations, and loss control procedures. They highlighted the importance of having a disaster plan in place to mitigate losses in case of emergencies. The presenters emphasized maintenance logs, equipment shutdown due to temperature imbalances, and the impact of hazards such as fire, lightning, wind, earthquake, and floods on plant operations. They also addressed questions on business income coverage, plant automation, and deductibles for business income exposure. The session provided valuable insights into risk management practices for asphalt and concrete plants.

Asset Caption

Date of Publication: October 10, 2017
Duration: 71 minutes

This session focuses on key underwriting issues when insuring asphalt and concrete plants. These plants have unique heavy equipment exposures along with inherent operational challenges.

Meta Tag

Module Contractors Equipment

Keywords

Asphalt plants

Concrete plants

Business income

Lillian Coulson

Trish Fallard

Nick Ferry

Evan Marshall

Underwriting considerations

Loss control procedures

Disaster plan

Risk management