Why Most Crane Insurance Programs Fail Long Term
Автор: Crane Talk
Загружено: 2026-01-20
Просмотров: 34
Описание:
In this episode of Crane Talk, the team sits down with Chris Thomas, CEO of Artes, a London-based MGA specializing in bespoke insurance programs for cranes, rigging, and heavy equipment.
Chris walks Ron and Gene through the realities of crane and rigging insurance, from underwriting complexity to claims discipline and subrogation. He explains why many insurance programs fail after just a few years and why sustainable success requires experienced partners, accurate data, and a willingness to stay committed through both profitable and loss-heavy cycles.
The conversation also explores broader industry challenges, including litigation exposure, nuclear verdicts, and the importance of educating capacity providers. Chris closes by reflecting on leadership, philanthropy, and building an insurance business designed to endure—not chase short-term premium.
Connect with Artes:
Website: www.artes-specialty.com
Chris: [email protected]
Richard: [email protected]
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