​Equipment Breakdown Reinsurance Assumed

 

Equipment Breakdown Reinsurance Assumed

If you’re a property insurer looking for a turnkey solution for your equipment breakdown (EB) business, consider Liberty Mutual Insurance. Our EB reinsurance-assumed offering delivers the flexibility, operational, and financial benefits you need to help grow your book of business and provide comprehensive coverage to your customers. 

Building Your Book Your Way

Profitably grow your business through our tailored treaty or facultative arrangements. We act as an extension of your team, tailoring the coverage, rates, and terms to complement your existing property underwriting standards and guidelines. Whether you choose to offer coverage on your entire portfolio or on a case-by-case basis, we have one of the most competitive commission and profit-sharing programs in the industry, so you can feel confident the arrangement will be the right financial arrangement for your business. 

We can work with you to upgrade or modify your EB forms and procedures to align with your property business. Partnership structures can include:

  • Embedded coverage
  • Separate EB coverage part
  • EB endorsement

No matter what structure you choose, we always ensure your client data is secure and used only for the purposes of our partnership. 

We also know that communication is the key to a successful relationship. That’s why we apply an account management approach, providing a single point of contact who will work closely with you and our internal team to support and manage all your needs.

Using Our Expertise to Benefit You and Your Customers

We can provide your underwriting and claims teams with in-depth training so they understand the coverage and know how to place business and effectively identify and manage claims with Liberty Mutual.

Additionally, our risk engineering teams help your clients minimize the risk of EB-related losses and stay compliant with local jurisdictional regulations. Our inspectors are National Board certified and will:

  • Proactively schedule and conduct inspections.
  • Follow up on significant recommendations through to compliance.
  • Complete the necessary reporting to document that your customers are operating in compliance with applicable laws.
  • Evaluate and document other property-related exposures.

To learn more, email us at lmebre@libertymutual.com, contact one of our underwriters listed to the right, or view detailed program information.

​Industry Specialization

We offer the following specialized services:

  • Homeowners Equipment Breakdown & Service Line
  • Farm Equipment Breakdown
  • Commercial Breakdown

​Contact Us

Jennifer Soul
National Director
415-720-1229
Jennifer.Soul@LibertyMutual.com

Amanda Dorsett
Strategic Partnership Manager
630-393-4366
Amanda.Dorsett@LibertyMutual.com