Heavy Equipment insurance
Plant and machinery are notoriously expensive, and damage to equipment during a project can result in huge unexpected costs. Heavy Equipment insurance covers damage to owned or leased machinery like excavators, diggers, forklifts, dumpers, mixers, rollers, and more.
Heavy equipment comes with a heavy price tag, but you don't have to bear the burden alone.
What is Heavy Equipment insurance?
Heavy Equipment insurance is an all-risks insurance policy covering any owned or rented plant used in construction and maintenance projects. All-risks means exactly that: it covers any risk or peril apart from those specifically excluded in the policy wording. If it isn’t named, it’s covered.
The policy covers electrical and mechanical equipment against physical damage. You can choose to insure specific pieces of machinery or all of your equipment, at one location or across multiple sites.
You can also tailor your Machinery Breakdown policy to include the following covers:
- Clearance and removal of debris
- Additional custom duty
- Express freight
- Third-party cover
- Floater cover
Protect your project's most expensive assets from the unexpected
Save time, cut risk
At Howden, we do all we can to take admin pressure off your in-house teams. Our client portal adds value to your risk management & insurance processes, by making them faster, more transparent & easier to manage.
Meet the team
Senior Vice President, Strategic Business Development
Firman joined Howden in December 2013 as Assistant Vice President in the Strategic Business Development. He is responsible to develop the business strategically across the company. Part of his responsibility is to develop initiatives towards clients.
Prior to joining Howden, Firman worked at Aon as Manager at Corporate Risks Services Division, where handle various major clients as well as Lippo group business. Part of his focus is also to develop affinity initiatives with corporate risks services. Previously, he also worked for JLT to handle corporate and industrial clients for 4 years and prior to that he was working for one of the major bank in Bandung, Panin Bank as internal auditor. He has more than 7 years experience.
Firman graduated from Bina Nusantara University, majoring in computerized accounting. He has just completed one of the professional qualifications from ANZIIF, CIP, Ahli Pialang Asuransi dan Reasuransi Indonesia (APAI) and Certified Indonesian Insurance & Reinsurance Broker (CIIB).
Senior Vice President, General Non-EB Risks
Rusan joined Howden in December 2013 as Assistant Vice President in the General Non-EB Risks. Part of his responsibility is to include overall management and coordination of all general and non-employee benefit risks ranging from corporate, industry, marine, SME, affinity as well as financial risks.
Prior to joining Howden, Rusan worked with Aon for 13 years, handling large corporate clients.
Rusan has an extensive experience and knowledge to handle variety of large and complex risks ranging from industrial risks, palm mill risks to telecommunication risks. He has experiences as a professional broker for more than 15 years.
Rusan graduated from Krisnadwipayana University, majoring in economic and he holds professional insurance qualifications, Ahli Pialang Asuransi dan Reasuransi Indonesia (APAI) and Certified Indonesian Insurance & Reinsurance Broker (CIIB).