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...
Legal Fears in the Crane Industry and How To Handle Catastrophes
Crane Talk
45 minutes
1 year ago
Legal Fears in the Crane Industry and How To Handle Catastrophes
Strap in for a ride through the misunderstood landscape of crane accidents and the reality behind the statistics, where the culprit is more than just operator error. We're discussing the critical need for preparedness in the face of catastrophe, involving claims specialists and forensic engineers—because disasters don't wait for business hours. We also talk about the The Texas Crane Owners Association winter meeting, new legislation designed to protect crane companies in TX, and share ...
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...
