Miller has a highly successful facility for contractors and other owners of mobile plant and equipment, backed by A+ Lloyd’s security rated capacity for physical loss or damage to owned or leased mobile equipment. The facility offers a broad policy wording, flexibility around the type of asset that can be covered and a quick turnaround on quotes.
To date Miller's facility is aimed at the North America market, however with sufficient demand this may be available in Europe also.
Who is the facility designed for?
Equipment owners, including contractors, subcontractors, lenders and others operating in the:
- Construction industries
- Energy including power generation
- Natural resources
- Environmental services
- Industrial services
- Infrastructure
What is covered?
- All risks of physical loss or damage to equipment, including CAT perils
- Including mechanical & machinery breakdown
- Including whilst in use, storage and/or on road
- Loss of hire and/or earnings coverage available on a case-by-case basis
What assets are included?
Broad scope of mobile equipment, including:
- Mobile oil field equipment
- Pumps/compressors
- High value specialist vehicles/trailers
- Temporary facilities, including camps
- Mobile cranes
- Mobile generators
- Bulldozers/dump trucks
- Forklifts/skid steers
- Front end loaders/excavators
Not in appetite
• High value drilling rigs
• Harvesting and logging equipment
• Rolling stock