Our 2021 Crane Survey Results are in!

 

 

Find out what your peers are saying about the industry’s risks and challenges below.

Top 5 Short-Term Crane Challenges

(Next 1-3 Years)

 

 


of crane professionals
consider COVID their biggest short-term challenge.

 

Impact of COVID
26%

 

Lack of Qualified Talent
9%

Growth/New Business
9%

Government Regulation
7%

Economy
6%

Long-Term View

While COVID is the biggest short-term challenge for the crane industry, risks pertaining to qualified talent, equipment issues, and accidents far outweigh the impact of the pandemic over the long term.

 

 

of crane professionals consider lack of qualified talent as their most serious safety concern.

 

of crane professionals consistently say equipment issues are their biggest safety concern.

 

of crane professionals cite on-the-job accidents as their main safety concern.

 

 

 

 

 

Crane Expertise You Can Count On

Our crane experts bring with them over 20 years of construction insurance expertise, as well as first-hand knowledge of the industry’s challenges. Hear what they have to say…

 

 

“It’s no surprise that crane companies are still feeling the effects of COVID on their businesses, but the lack of qualified talent presents obvious safety and sustainability risks overall. The time for the industry to take action on its talent pipeline is now.”

Jake Morin, Value Creation Executive 

 

 

“I’ve sat in the cab as a crane operator, so I know firsthand the importance of having well-trained, experienced operators. I also know it can be a struggle to find that ‘next generation’ of talent. We need to find ways to communicate the industry’s value and opportunity for young professionals.” 

Joseph Doerr, Crane Underwriting Manager 

 

Coverage for Your Business Challenges

Crane rental companies and crane operators have unique needs, so we offer comprehensive coverage customized for your business. Find out how we can help.

 

Connect

  • Get a Customized Crane Quote



Meet Our Partner 

We’re proud to team up with Ascinsure Specialty Risk, a leading insurance broker for the crane industry providing access to multi-line insurance solutions and risk management for crane rental professionals.

 

All statistics cited above are the results of an online survey conducted among 154 crane professionals without any affiliation to ProSight Specialty Insurance. The audience was defined through the use of LinkedIn demographics as crane rental owners, crane operators, riggers, equipment operators, or those having an affiliation with a crane member group. The survey ran from December 15-31, 2020.