Crane Operations Insurances

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Crane operations insurances description

Crane operations are engineering activities in which not only the lifting equipment but also the lifted load, the personnel involved, third parties, and the facility where the operation is conducted are all simultaneously at risk.

From mobile cranes to tower cranes, and from jib cranes to basket platforms, all lifting operations carry different technical and legal risks depending on the nature of the operation. In particular, standard machinery insurance policies often do not provide sufficient coverage for load lifting, personnel lifting, tandem lifting, and assembly and disassembly operations.

At Galata Reinsurance and Insurance Brokerage Inc., drawing on over 25 years of experience in engineering insurance, we design specialized insurance programs for crane operations; by combining local insurance capacity with international reinsurance solutions, we create a coverage structure tailored to your business's needs.

Key Risks That Can Be Covered

  • Machinery breakdown and sudden mechanical damage
  • Damage that may occur to the lifted load
  • Risks arising from personnel lifting operations
  • Property damage and bodily injury to third parties
  • Damage to the facility where operations are conducted
  • Risks arising from transportation and installation processes
  • Damage that may occur during temporary storage processes
  • Tandem lifting and heavy lifting operations

Who Is It Suitable For?

  • Mobile crane operators
  • Hi-ap crane operators
  • Aerial work platform operators
  • Tower crane operators
  • Forklift and manlift users
  • Crane rental companies
  • Construction companies
  • Factories and manufacturing facilities
  • Port operators
  • Wind power plant maintenance crews
  • Facade maintenance and window cleaning companies
  • Industrial assembly companies