12.12.2009

Mastclimber renter cuts insurance by 40%

Mastclimbers LLC, of Atlanta, Georgia, claims to have cut its insurance premiums by around 40 percent after fully implementing the AWPT training programmes for all employees and users.

According to Bobby Reese and Mike Pitt of Mastclimbers, the company adopted the AWPT (American Work Platform Training – owned by IPAF) training programme throughout the company allowing Hays Companies - a managing general agent insurance broker specialising in programmes for high reach rental, sales, service and manufacturing companies - to provide a policy that was over 40 percent lower than the premiums the company had previously paid.
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A typical Mastclimbers installation

William Holler, senior vice president of Hays said: "Properly trained users of access equipment can reduce risk and minimise the probability of accidents, injuries and losses. The confidence we have in the effectiveness of the AWPT training programme in reducing accidents allows us to offer a significant discount on our specialist insurance programmes.

To qualify for the discount, companies must require all employees who operate or occupy an aerial lift /mast climbing work platform to successfully complete the relevant AWPT training programme.”

Hays specialty insurance is underwritten by a national insurance company with an A+ superior rating. The company is an IPAF member and claims to offer discounts on a range of insurance policies including workman’s comp, property and casualty coverage and umbrella policies.

“Under this programme we can offer new clients discounts up to 20-25 percent off their existing policies, and if they implement the AWPT training programme, we can reduce those premiums by an additional 10 to 20 percent,” says Holler.
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Mike Pitt

Pitt adds: “For us, the math was easy…our 100 percent AWPT trained workforce = 40 percent reduction in premiums. Everyone sleeps soundly at night, even our accountant!”