Heavy Iron

Our extensive experience with multiline coverage for Heavy Iron Operators allows us to deliver broad, industry-specific coverages. Distributing exclusively through select producers allows us to deliver underwriting expertise, risk management services and superior customer service.

Carriers: 

Admitted & Non-Admitted with A.M. Best ratings of A- VIII

Availability:

Coverage is available in all states except for New York for General Liability

Coverages Available:

  • Practice Policies

  • Primary Commercial General Liability – $1M Each Occurrence

  • Occurrence Coverage with Manuscript forms for Crane-Rigging-Heavy Haul

  • Custom Inland Marine & Property Warehouse Coverages

  • Primary Auto Liability – $1M Each Occurrence

  • Primary Auto Physical Damage

  • Follow Form Excess Liability – $4M Each Occurrence/Aggregate

Eligible Risks:

  • Small & Middle Market Focus with Select Large Account Consideration

  • Crane Rental

  • Rigging

  • Heavy Haul

  • Structural Movers

  • Aerial Lift Platform Dealers

  • Pile Drive

  • Drill Shaft

  • Steel Erection

  • Select Demolition Operators

Submission Requirements:

  • Completed Heavy Iron Supplemental Application

  • Completed ACORD Forms – Optional

  • Copy of Current Daily Work Ticket & Equipment Rental Agreement

  • Expiring & Target Premium

  • 5 Years of Currently Valued Loss Runs

  • Large Loss Descriptions – Claims Over $50K

  • Submit by Email to hisubmissions@redstoneins.com 

For more information please contact HIinfo@redstoneins.com.

Risk Management Services

1. CONTRACT RISK MANAGEMENT:

Redstone Heavy Iron Division delivers innovative contract risk management services to our Producers on behalf of each policyholder written under our program.

  • This proprietary contract risk management process is integrated in Redstone Underwriting and Claims Administration steps via our unique alignment with our Legal Team Partners.

  • The expressed purpose is to protect our policyholder interests in an effort to reduce their ultimate claim costs.

  • Our Brokers and Policyholders have direct access to our easy-to-use shared website platform for high-efficiency contract administration.

  • Crane / Foundation / Steel Erection related accounts utilize: [constitutiontrisk.com] with proprietary ‘Click-Through’ technology with industry-specific standards-based contract recommendations.

  • Specialized / Heavy Haul Transport related accounts utilize: [constitutionrisk.com] with the same proprietary technology with industry-specific standards-based contract recommendations.

2. RAPID RESPONSE CLAIMS:

Redstone Heavy Iron delivers proprietary claim handling methods via our highly experienced TPA partner through our custom process design with select crane industry expert risk management resources.

  • Our unique claims process is designed to deliver optimal loss mitigation results for Redstone Heavy Iron policyholders

  • The Rapid Response Claims Model includes Redstone quality control oversite for TPA timing with the engagement of
    various professional claims resources

  • Rapid deployment of seasoned forensic accident investigation engineers

  • Immediate post-incident legal contract analysis & loss tender support

  • Strategic assignment of pre-selected, local panel defense counsel to meet our rapid file closure objectives. Each of these professional risk management resources has over 20 years proven experience in reducing loss exposure for Heavy Iron related operations

3. RISK MANAGEMENT TOOLS:

Redstone Heavy Iron delivers a unique on-line risk management support platform with various safety education related tools to assist policyholders in enhancing their respective company safety and quality control programs.

  • LIFT PLAN ASSIST TOOL: provides policyholders easy-to-use actionable intelligence for integration of ASME* P30 Standard – based requirements into their respective Company Safety & Quality Control Programs.

  • FLEET SAFETY ASSIST TOOL: provides policyholders easy-to-use actionable intelligence for integration of ATRI* ‘BASIC’ (Behavioral Analysis & Safety Improvement Category) recommendations into Company Safety Programs.

  • SAFE CULTURE ASSIST TOOL: provides policyholders with additional actionable intelligence for the integration of NAS* – based research recommendations for assessing and enhancing Company Safety Culture protocols.