This episode of Crane Talk features Aaron Jackson, EVP of Redstone Underwriters, providing an underwriter’s perspective on the challenges facing crane and rigging insurance. He unpacks the impact of social inflation, third-party litigation funding, and shrinking capacity in the casualty market. The discussion highlights practical tools like cameras, telematics, and strong contracts, along with emerging AI applications that are reshaping underwriting. Jackson underscores how early data submiss...
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This episode of Crane Talk features Aaron Jackson, EVP of Redstone Underwriters, providing an underwriter’s perspective on the challenges facing crane and rigging insurance. He unpacks the impact of social inflation, third-party litigation funding, and shrinking capacity in the casualty market. The discussion highlights practical tools like cameras, telematics, and strong contracts, along with emerging AI applications that are reshaping underwriting. Jackson underscores how early data submiss...
Cost of Cranes: Rising Prices and Market Pressures with Craig Martin
Crane Talk
1 hour 15 minutes
8 months ago
Cost of Cranes: Rising Prices and Market Pressures with Craig Martin
The tower crane industry is feeling the squeeze—rising costs, increasing competition, and the ever-evolving world of construction are putting companies to the test. In this episode of Crane Talk, Craig Martin, from Sun Crain & Hoist, joins the cast to discuss the state of the tower crane market, including the impact of rising interest rates, tighter financing requirements, and shifting demand for high-rise buildings. From safety innovations and liability concerns to the struggles of stayi...
Crane Talk
This episode of Crane Talk features Aaron Jackson, EVP of Redstone Underwriters, providing an underwriter’s perspective on the challenges facing crane and rigging insurance. He unpacks the impact of social inflation, third-party litigation funding, and shrinking capacity in the casualty market. The discussion highlights practical tools like cameras, telematics, and strong contracts, along with emerging AI applications that are reshaping underwriting. Jackson underscores how early data submiss...
