Nuts & Bolts: CEIS, Ltd. (Construction Equipment Insurance Services) announced a new “in-house” underwriting and binding facility for cranes and related construction equipment. CEIS provides an all-risks contractors equipment floater with an option to include riggers coverage. Boom and overload coverage is automatically included. In addition, CEIS has the ability to include real property (buildings, contents, etc.) to qualified accounts. The program supplements CEIS’ current facilities and programs for contractors’ equipment. The focus of the new program is small to medium-sized accounts. Submissions are accepted from approved retail agents and brokers.
Dollars: No minimum premium. Deductibles start at 2 percent, minimum of $5,000. The minimum riggers deductible is $2,500.
Carrier: “A” Rated.
States Available: All except Florida.
Contact: Allan Davis, (972) 991-6719, adavis@ce-is.com
Was this article valuable?
Here are more articles you may enjoy.
High-Net-Worth Risk Appetite Drops as Some Regions Show Stabilization 
Berkshire Hathaway Raises New CEO Abel’s Salary to $25 Million 
FBI Involved After Two Florida Injury Lawyers Go Missing From Fishing Trip 
Howden US Tells Judge Brown & Brown Employees Fled Due to ‘Mistreatment’ From This Issue
