Insurance That Works The Way You Do
From embedded experiences to traditional programs, our insurance can be built around your business.
The right insurance can make a real impact on your operations - and your customers'.
Less risk for you. Less downtime for them.
Why You'll Love It
- Faster closings from less insurance friction
- New revenue opportunities
- Increased customer satisfaction and retention
Why They'll Love It
- Broader coverage than other commercial policies
- Fixed pricing with easy repair or replacememt
- Claims professionals who know equipment
Protecting Equipment Across The U.S. and Canada
Physical Damage Insurance
Covers most types of physical loss or damage, including risks that are often excluded from standard policies (like flood, wind or transit).
Stipulated Loss Gap Coverage
Insures the difference between the actual cash value of commercial equipment and the unpaid balance on the lease in the event of a total loss.
Equipment Residual Value Insurance
Allows lessors to account for operating leases like finance leases - accelerating earnings and protecting against unforeseen declines in market value down the road.
Insurance Tracking
Monitors coverage status and detects uninsured assets that create risk for your business. Included in embedded insurance programs or available as a stand-alone service.
Rental Loss Damage Waiver
Provides coverage for equipment while out on rental.
Machine Tool Operator Error
Covers physical damage to a machine tool caused by an operator's programming.
Contingent & Excess Liability
Protects against legal exposure in a lawsuit involving a lessor's equipment.
Repossession
Protects a lessor during the repossession process of equipment or commercial titled vehicles.
Equipment Types
Construction & Earthmoving Equipment
- Backhoes
- Drilling Equipment
- Excavators
- Graders and Loaders
- Skid Steers
Industrial & Manufacturing Equipment
- 3D Printers
- Automotive and Garage Equipment
- Embroidery Equipment
- Machine Tools, including CNC
- Material Handling Equipment
Medical & Healthcare Equipment
- Dental Equipment
- Digital Radiography and Scopes
- Healthcare Equipment
- Mobile Medical Equipment
- Veterinary Equipment
Office & Business Equipment
- Copiers and Printers
- Mailing Equipment
- Phone Systems
- Printing and Binding Equipment
Outdoor, Recreation & Landscaping Equipment
- Amusement Equipment
- Chippers and Stump Grinders
- Golf Carts
- Lawncare Equipment
Retail, Hospitality & Commercial Equipment
- Fitness Equipment
- Laundry Equipment
- Registers, Scanners, and Point of Sale Systems
- Restaurant and Vending Equipment
Technology, Media & Security Equipment
- Broadcasting Equipment
- Computers and Servers
- Photography and Videography Equipment
- Recording Equipment
- Security Systems
Transportation & Mobile Assets
- Commercial-Titled Vehicles
- Trailers
- Railcars
- Barges
Not sure what's right for your business?
Every business is different, so we tailor insurance solutions to fit your needs. Let's connect for a quick 30-minute conversation and identify the best path forward.
What clients are saying
"Our insurance program has been a game-changer for our business operations. The program helps accelerate our customers’ transactions. This enhancement in speed and service has not only improved customer satisfaction but has also reinforced our clients' trust in us."
– Lyndon Thompson, President of Byline Financial Group
"Great American specializes in insuring equipment finance risks. They tailor programs to meet clients’ needs and recommend solutions to enhance the customer experience through deep, customer-focused interactions."
– Shaun Buswell, Vice President with Alliance Funding Group
"The digital solutions we implemented with Great American will enhance customer experience, operations and communications. We look forward to future opportunities to support our customers together."
– Daryn Lecy, CLFP, Senior Vice President and COO with Oakmont Capital Services
Specialty Equipment News
Great American Insurance Group Announces Strategic Promotions to Drive Innovation and Client-Centric Solutions in Equipment Finance
The equipment finance industry is evolving rapidly. Digital transformation, advanced data analytics, and rising client expectations for personalized, seamless service are reshaping the competitive landscape. In response to these shifts and new opportunities, Great American Insurance Group’s Specialty Equipment Division is proud to announce the promotion of four leaders who will play a pivotal role in advancing innovation and strengthening our client-centric approach. Each individual has a wealth of expertise in driving meaningful change for our division and industry.
"Our clients' needs are changing faster than ever, and we are committed to proactively anticipating and fulfilling those needs,"" said Vic Villegas, Divisional President, Great American Insurance Group, Specialty Equipment. "These leaders will be essential to our strategic initiatives to innovate, adapt, and deliver solutions. Their work will not only respond to today's challenges but position equipment finance companies for future success."
Brendan Cronin – Divisional Vice President of Innovation
With 29 years of experience in system design, technology implementation, and product management, Brendan has been instrumental in developing Specialty Equipment's innovative digital solutions. In this expanded role, he will continue to oversee our digital product portfolio while also leading our data intelligence strategy - leveraging advanced analytics and emerging technologies such as artificial intelligence to continue to unlock new insights and expand our offerings.
Jina Clarke - Divisional Vice President of Technology
For more than 35 years at Great American, Jina has led transformative technology initiatives that significantly enhanced system efficiency and provided greater data accessibility. Her leadership ensures smooth onboarding and reliable system interfaces for our clients. In her new role, Jina will oversee our 5-year technology roadmap, continuing to enhance our systems to deliver outstanding user experiences.
Dave Gruber - Divisional Vice President of Underwriting
Dave's 19-year tenure at Great American spans program management, account management, product management, underwriting, and reinsurance. With his promotion, he will continue to ensure we’re offering insurance products and program structures that create the most value for our clients and effectively manage risk. These efforts support our commitment to providing tailored, forward-thinking coverage options that create value and loyalty for lessors.
Cody Sanguinetti - Divisional Vice President of Business Development
Cody has been with the division for 17 years, gaining broad experience across multiple functions and contributing to key initiatives that have fueled our success. He has played a pivotal role in driving our digital transformation and client-centric approach, and in this expanded role, he will lead initiatives that deepen client relationships through even more personalized, service-driven models. He will serve as a strategic bridge between product and digital, ensuring we deliver innovative solutions and experiences that anticipate client needs and exceed expectations.
"These leadership changes are about ensuring we have the right vision and expertise to anticipate what our clients will need tomorrow and into the future," said Ken Schneider, Divisional Senior Vice President, Great American Insurance Group, Specialty Equipment. "I'm proud of what we've accomplished so far, and I'm confident that their combined expertise will drive lasting success for our teams and the clients we serve."
- Property & Casualty
- Specialty Equipment
