For businesses that rely on plant and equipment every day, damage, theft or breakdown can have serious implications. It can stop work, delay projects, disrupt customer commitments and impact profitability.
At RSM Group, we understand that protecting your equipment isn’t simply about insuring its value. We take the time to understand what equipment you operate, how and where it’s used, the work it performs and the impact an unexpected loss could have on your business.
This allows us to develop plant and equipment insurance solutions tailored to your operations and the risks your business faces.
Understanding your operations comes first
Plant and equipment risks vary considerably from one business to another.
An excavator operating across civil construction sites faces different risks from a loader working within a waste facility, an elevated work platform used by an arborist or specialised machinery operating at a fixed location. That’s why our approach starts with understanding your business.
We consider the type and value of your equipment, where and how it’s operated, whether it’s mobile or fixed, who operates it, where it’s stored and the consequences if critical equipment is damaged or unavailable.
This understanding helps us identify key exposures and approach the insurance market with a clear picture of your business and its requirements.
Protection designed around your equipment and operations
Our role extends beyond arranging an insurance policy. We work with you to understand your equipment exposures, identify appropriate insurance solutions and help manage risk as your business changes.
Tailored equipment solutions
Insurance structured around your plant, equipment, operations and individual risk profile.
Theft and damage risk
Helping identify exposures associated with theft, accidental damage and other insured events.
Independent advice
Unbiased recommendations focused on what’s right for your business.
Claims advocacy
Your dedicated Account Manager remains your advocate when a claim occurs.
Asset and risk review
Understanding the equipment your business depends on and the risks associated with its operation.
Ongoing review
Reviewing your insurance as equipment is acquired, replaced or your operations change.
Developing your plant & equipment insurance program
Understand your business
We start by understanding your operations and the role plant and equipment plays in delivering your products, services or projects.
Review your equipment
We consider the type, value, age, use and location of your plant and equipment, together with how assets are transported, stored and operated.
Identify key exposures
We look at risks such as accidental damage, theft and other potential events that could affect your equipment and operations.
Review your current arrangements
Where you already have insurance, we consider whether your existing arrangements continue to reflect your assets and the way they’re being used.
Assess the insurance market
As an independent broker, we can approach appropriate insurers and assess available options based on your particular requirements.
Review as your business changes
As equipment is purchased, replaced, relocated or used differently, we work with you to help ensure your insurance arrangements continue to reflect your business.
Different equipment. Different risks.
Plant and equipment insurance can provide protection for a wide range of machinery and equipment, subject to the particular policy.
Depending on your business and insurance arrangements, this may include:
Earthmoving and excavation equipment
Loaders and skid steers
Cranes and lifting equipment
Forklifts and materials handling equipment
Elevated work platforms
Agricultural and specialist machinery
Mobile plant
Fixed machinery
Tools and equipment
Hired-in plant and equipment
Cover requirements can vary significantly depending on ownership, use, location and contractual arrangements. That’s why RSM Group considers your equipment within the context of your overall business rather than treating every asset the same way.
Why independence matters
As an independent, family owned brokerage, we answer to our clients, not insurance companies. We aren’t restricted by any preferred insurer arrangements which means we can focus on finding the solution that’s right for your business. By taking the time to understand your operations and risks, we provide tailored advice, broader market access and the confidence that every recommendation is made with your best interests in mind.
Independent
Family-owned
No preferred insurer panels
No insurer ownership
Advice driven by client needs
Industry knowledge makes a difference
Understanding equipment risk requires more than knowing the value of an asset. It requires understanding where it’s used, what it does and how important it is to your operation.
RSM Group works with plant and equipment dependent businesses across industries including:
Whether you operate heavy mobile plant, specialised machinery or equipment across multiple locations, the right insurance program starts with understanding how those assets support your business.
Talk to RSM Group about your equipment, your risks and how we can help protect the assets that keep your business operating.
