US-based insurance firm EPIC Insurance Brokers & Consultants has launched a new national specialty practice, Asset Lifecycle Management.
The new practice will provide risk consulting and risk transfer solutions focused on clinical and electronic equipment. It will replace various service agreements and extended warranties with one agreement that costs less.
The company claims that the new agreement is more flexible than the original equipment manufacturer (OEM) agreements.
For managing service events, the team offers a single point of contact. The coverage offered comprises cost associated with parts, labor, travel, emergency repair, and preventative maintenance.
Tony Gerrato said: “We are vendor neutral and recognise that it is critical to custom design our solutions to fit the unique needs of each customer. We use our knowledge and industry expertise to make certain that our clients receive the best value at the right price.”
EPIC National Specialty Practice president Scott Davis said: “We are fortunate to have expertise of this caliber within EPIC bringing solutions to our clients and protecting their businesses.”
EPIC offers equipment maintenance management programmes. The company’s approach lowers a client’s cost of maintaining a portfolio of equipment while delivering improved equipment performance, reduced downtime, enhanced internal customer satisfaction.