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 two percent, minimum of $5,000. The minimum riggers deductible is $2,500.
Carrier: “A” Rated.
States Available: All except Florida.
Contact: Allan Davis, (972) 991-6719308, adavis@ce-is.com
Topics Construction
Was this article valuable?
Here are more articles you may enjoy.
Suspects in Louvre Heist in Custody After Week-Long Manhunt 
Catastrophe Bond Investors Told to Brace for Jamaica Payout 
Reuters: Iran, Russia and the New Zealand Insurer That Kept Sanctioned Oil Flowing 
AIG Joins Private Equity Firm Onex to Acquire Re/Insurer Convex Group From This Issue
