WR Berkley company Berkley Program Specialists and Specialty Program Solutions (SPS) have launched an inland marine program for mobile equipment and machinery used by logging, lumbering and construction companies located in the Southeast US.
Coverage for first party physical damage is extended to trade-specific items such as skidders, feller bunchers, log loaders, delimbers, chippers, backhoes, bulldozers and excavators. Eligible risks include chipping operations, land clearing operations, woodyards, sawmills, timber dealers, grading/excavation contractors, general contractors and developers among others.
SPS is a program administrator and managing general agent headquartered in Alpharetta, Georgia, US. SPS underwrites insurance coverage solely for inland marine risks.