Case Study

Damaged Industrial Equipment

Insurance Salvage

Overview

• Hilco was appointed by one of its leading Loss Adjusting clients regarding a Marine claim involving industrial machinery
• Nature of claim was transit damage to a specialised diesel particulate filter cleaning machine
• Assessment of the unit identified damage to several areas, including the control panel, not fit for client needs

Client Challenge

• Hilco needed to reach and market to a critical segment of market, where demand can be met for this machine
• How to harness Hilco’s industrial salvage expertise to recognise extent of value available to insurers
• Navigate the optimal channel for salvaging the machine
• Ensure correct and skilled uplift solution from site to minimise further damage

Outcome

Following Hilco’s evaluation of the machine in its current state as well as assessing the market appetite, Hilco’s skill was in presenting an estimate and achieving a higher return, not costs to insurers

How Can We Help?

Call George Endacott on 0422 313 707 to find out how we can maximise insurance salvage outcomes on your next claim.

George Endacott

George Endacott

Director | Salvage

+61 422 313 707 Send Email

George has developed a career spanning over 20 years in Sales and Relationship management in the financial services industry, in particular within general insurance. With roles across client services and business development, George has built an impressive network of contacts within the Loss Adjusting, insurance claims, brokerage and building consultancy community. George has worked for Sedgwick in Australia for almost 10 years, niching in claims services (Loss Adjusting), Building consultancy and strata services to Australian Insurers. George holds a Bachelor of Business (Marketing ) degree and a Certificate IV in General Insurance through ANZIIF.

Share

Case Study

Download brochure