Specialist Cover for Hired In Plant Insurance
Tysers’ Hireshield scheme is designed specifically for businesses in the Tool, Plant Hire and Traffic Management sectors. With decades of experience and strong relationships across the hire industry, we provide tailored Hire In Plant insurance solutions that balance comprehensive protection with competitive premiums.
Hireshield is underwritten by a carefully selected panel of insurers, chosen for their financial strength, policy coverage, and service excellence.
Why choose Tysers?
Founded in 1820, Tysers is one of the UK’s most established brokers. Our long-standing relationships with leading insurers and Lloyd’s syndicates allow us to negotiate competitive, comprehensive cover for our clients.
We were proud winners of the Lloyd’s and London Market Broking Team of the Year at the British Insurance Awards in both 2020 and 2021.
Who do we insure?
Our Hired In Plant insurance clients include:
- Tool Hire Companies
- Plant Hire Firms
- Traffic Management Providers
- Access Equipment Hire
- Lifting Equipment Hire
- Specialist Machinery Hire
- Temporary Site Accommodation Hire
- Event Equipment Hire
- Contractors with owned or hired-in plant
- Businesses offering demonstration or short-term hire services
JCT clause 6.5.1
Tysers can arrange non-negligence cover under JCT clause 6.5.1. which will provide cover for any claim of liability, loss or damage resulting from the following: Collapse, Subsidence, Ground heave, Vibration, Weakening or removal of support and Lowering of ground water. Contact us to find out more.
Subrogation Waiver
This waiver allows you to claim for loss or damage to hired-out plant on your own policy, rather than pursuing the hirer. Benefits include: Lower excesses for hired-out plant, hirers not liable for continuing hire charges, temporary replacement cover and automatic cover for replacement plant.
Claims Handling
We’re by your side when you need us most. Our dedicated construction claims team provides: Prompt claim acknowledgement, expert guidance throughout the process, negotiation with insurers and loss adjusters, site visit support and regular updates and reporting.
Our Construction Insurance Products
This is a sample of the main insurance covers we provide, you can also view our Construction Brochure here. If there is a risk unique to you, please contact us and we will try to devise bespoke cover to meet your requirements.
-
Hireshield: Commercial Combined Insurance
Our flexible, tailor-made Commercial Combined Policy includes:
- Material Damage
- Business Interruption
- ‘All-Risks’ cover on specified items
- Money
- Personal Accident
- Goods in Transit
- Legal Expenses
- Terrorism
-
Hireshield: Plant ‘All-Risks’ Cover
Comprehensive protection for plant and equipment across the UK, including:
- Warranty-free cover
- Demonstration Equipment
- Reinstatement for equipment up to 24 months old
- Third-party machinery movement
- Lifting risks
- Profit rebate clause
- Continuing hire charges
- Low excess levels
- Access to Subrogation Waiver Extension
-
Hireshield: Subrogation Waiver
This waiver allows you to claim for loss or damage to hired-out plant on your own policy, rather than pursuing the hirer. Benefits include:
- Lower excesses for hired-out plant
- Hirers not liable for continuing hire charges
- Temporary replacement cover
- Automatic cover for replacement plant
Claims Handling
We’re by your side when you need us most. Our dedicated claims team provides:
- Prompt claim acknowledgement
- Expert guidance throughout the process
- Negotiation with insurers and loss adjusters
- Site visit support
- Regular updates and reporting