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HAE boosts insurance

4 October 2021

HAE boosts insurance

HAE has just launched a new and improved short-term hired insurance product which it believes will address the requirements of many hire firms. Called HireSecure, it replaces the former HireGuard service. 

HireSecure will be available to all members to cover accidental loss or damage, fraudulent hire, theft, vandalism and malicious damage on owned or re-hired equipment. 

The launch follows the appointment of Towergate Insurance, who will take over responsibility for the trade association’s insurance services as its new, sole broker.

An extensive review of its insurance programmes led the main board and executive of HAE and its sister EHA event hire association to change service provider, in order to provide wider support for its 800 members across the hire and events sectors. 

Paul Gaze, HAE’s chief executive officer, said: “Following a competitive tender, we are delighted to welcome Towergate as our new insurance partner. Considering the challenges faced by members since the beginning of 2020, we felt it was necessary to examine the insurance marketplace and review HAE Insurance Services and EHA Insurance Services products in order to provide the most comprehensive support possible to our very varied membership base.

"We are confident that, in Towergate, we have found the best solution all-round from a partner that really understands our members’ markets.”

Towergate specialises in bespoke policies for SMEs (small to medium enterprises) and commercial entities of all sizes, with extensive experience in the hire and events marketplace. CEO Joe Thelwell said the aim of the partnership is to provide HAE EHA members with a wide range of products, tailored to their requirements. 

He added: “I’m incredibly excited at the opportunity of bringing together all the experience our two great businesses have to offer, delivering first class insurance and risk management advice to the membership.”

HAE will promote HireSecure and other member services at the Safety in Construction Show this Wednesday, 6 October in Loughborough. 

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