Social Inflation and the Crane Industry’s Insurance Crisis with Aaron Jackson

This episode of Crane Talk features Aaron Jackson, EVP of Redstone Underwriters, providing an underwriter’s perspective on the challenges facing crane and rigging insurance. He unpacks the impact of social inflation, third-party litigation funding, and shrinking capacity in the casualty market. The discussion highlights practical tools like cameras, telematics, and strong contracts, along with emerging AI applications that are reshaping underwriting. Jackson underscores how early data submission and proactive risk management can materially improve terms for insureds.About the ShowCrane talk is a podcast hosted by Ron Thompson and Gene Greiner, 2 highly successful insurance producers in the Dallas-Fort Worth region. About Ron:Ron has been specializing in the heavy iron insurance world as a broker since 1992. In the complex world of heavy iron risk exposure, Ron’s expertise is in contractual risk transfer, contract review, fleet safety management where “rubber meets the road” and keeping clients updated on legislative issues that effect the crane & rigging industry and maximizing profit for his clientele.Connect with Ron: https://www.linkedin.com/in/ron-thompson-ba0a805a/About Gene:Gene Greiner is Vice President of commercial insurance for CoVerica with 15 years of focus on heavy construction risk. Based in Dallas, TX, he is deeply embedded in serving this industry’s risk transfer needs and, enjoys active advocacy though the Specialized Carriers & Rigging Association and the Texas Crane Owners Association.  Connect with Gene: https://www.linkedin.com/in/gene-greiner-b08a0617/New episodes drop each month. Please drop us a line if you have a question or suggestion; you can reach us at [email protected]. Finally, if you like the podcast, we encourage you to subscribe and leave us a review.