Specialist Underwriting Agencies (SUA) is rolling out mobile plant and equipment insurance after a gradual introduction to brokers.

“The resulting support from the market has been outstanding thus far, without us even advertising,” National Underwriting Manager, Mobile Plant and Equipment Grant Skinner told insuranceNEWS.com.au. “We are just ramping it up from here.”

SUA is targeting sectors such as the mining industry, civil construction, road construction, earthmoving contractors and mobile plant hire and rental.

Mr Skinner has more than 18 years’ insurance experience, including underwriting and broking roles, and has worked in underground mines as a mobile plant operator and driller. “I certainly understand what brokers’ expectations are,” he said.

The Lloyd’s-supported insurance covers material damage, road risk (compulsory third party gap cover) and broad-form liability.