The Chubb Group of Insurance Cos. has unveiled a new insurance benefit associated with IRONwatch, a freight tracking device monitored by the National Equipment Register.
Chubb will now pay for the cost of activating IRONwatch if a carrier’s goods are stolen while using the system.
NER staffs a 24-hour call center that will notify carriers and police if monitored goods are stolen.
“Working together with NER, we can help reduce recovery time and the costs associated with equipment stolen from contractors in the United States,” Chubb’s Bob Opitz said in a statement.
Insurance company backs anti-theft system
