The majority of companies that Bristow works with tout safety as a key priority both on the jobsite and in the board room.


“ONE THING IS FOR SURE: TECHNOLOGY HAS SIGNIFICANTLY INCREASED THE ABILITY TO SETTLE CATASTROPHE CLAIMS FASTER...”


indicated. “With respect to Harvey and Irma, it appears that a majority of the heavy equipment and crane companies learned a significant amount from those previous storms—as most moved their equipment to higher ground, and as a result, there have been minimal heavy equipment claims from the two current storms.” According to Bristow, a majority of the present


Bristow believes there are less accidents today than in years past because of properly working electronics.


In business for 39 years, Bristow personally averages


anywhere between 250K and 350K air miles and 75K to 100K road miles per year. To say that he’s seen a thing or two would be a colossal understatement. But in the last decade, natural disasters have given rise to even greater insights. “Back during Katrina, and even Sandy, there were a year’s-worth of heavy equipment claims to handle,” he


claims relate to smaller pieces of equipment. “We have skid steer loaders, scissor lifts, and aerial lifts—of which there are fleets in the hundreds—that saw eighteen to twenty-four inches of water. But minimal heavy equipment claims. It appears that the majority of the insurance exposure from these current storms are on the non-commercial ‘personal lines’ side.” Getting to the client in situations like these can also be complicated for Bristow. “Accessibility in the beginning was an issue, with respect to flooded and closed streets and highways,” he noted. “However, the respective authorities have worked wonders in opening accesses up within days of the storms. Other issues in the first several weeks were lack of enough rental cars and fuel—and lodging accommodations is always an issue with a major catastrophe.”


WIRE ROPE EXCHANGE NOVEMBER–DECEMBER 2017 31


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