Contractors Equipment Insurance

Contractors Equipment Reinsurance Solutions

At Total Risk Managers, we provide specialized reinsurance solutions for contractors' equipment coverage, enabling primary insurers to safeguard their clients’ valuable tools, machinery, and equipment. Whether the insured is a general contractor managing a single project or a specialized firm overseeing multiple job sites, our reinsurance programs are designed to address the complexities and unique risks associated with the construction industry.

Broad and Flexible Coverage

Contractors rely heavily on their equipment to complete projects efficiently and safely. From machinery and tools to site trailers and spare parts, these assets represent a significant investment. Through our reinsurance solutions, we empower insurers to offer comprehensive policies that cover risks such as equipment damage, theft, loss during transit, and more.

Our reinsurance coverage supports primary insurers in offering protection for:

General Construction Equipment

Front-end loaders, forklifts, cement mixers, pumps, scaffolding, and generators.

Heavy Machinery

Graders, excavators, bulldozers, crushers, haulers, mobile cranes, and tunnel-boring machines.

Specialized Equipment

Logging and mining machinery, including trailers, climbing cranes, and pile drivers.

Key Features of Our Reinsurance Solutions

Broad Coverage Capacity: We provide reinsurance capacity for portfolios with coverage limits up to $100 million, ensuring insurers can meet the needs of even the most demanding clients.
Replacement Cost Coverage: Coverage can be extended for equipment under three years old, offering peace of mind for policyholders with newer investments.
Flexible Deductibles and Discounts: Variable deductible options and volume discounts enable insurers to provide tailored solutions to their clients.
Enhanced Coverage Options: We support policies with installation floaters and additional riders to address niche risks.

Why work with us

Global Reach

Our extensive network ensures access to top-tier coverage and capacity, wherever your operations take you.

Industry Expertise

Decades of experience and deep insight into the unique challenges faced by complex and high-stakes industries.

Customized Solutions

Every policy is carefully tailored to meet the precise needs of your specific project, operation, or enterprise.

Proactive Risk Management

We help you anticipate and mitigate potential risks before they become critical issues.

Our Commitment to Excellence

Our deep understanding of the construction sector enables us to deliver reinsurance solutions aligned with the unique demands of contractors’ equipment insurance. We collaborate closely with primary insurers, leveraging our industry knowledge and market access to secure competitive terms and innovative solutions. With our expertise, market reach, and commitment to excellence, we help insurers protect the tools and machinery that keep construction businesses running.