Insurer: Listing Hired Kit with TER

Construction companies and insurers are increasingly calling for more robust oversight of plant and equipment. Mayflower Engineering Consortium plans to insist that all hired-in plant must be registered with The Equipment Register (TER) before being used on site. This step could help reduce incidents of theft and ensure insurers have accurate information about equipment transactions.

Why Registration Matters

The shift to mandatory equipment registration is expected to improve accountability and traceability. By requiring businesses to inform TER of every equipment transaction, as well as fleet valuations, insurers and contractors aim to minimise both risk and potential loss. According to representatives, the administrative effort is similar to the processes long established in the Motor Insurers Database.

Simplified Approach to Claims

Firms such as Mayflower Engineering Consortium see improved efficiency in how claims are handled once an incident occurs. Ensuring that assets are properly listed and tracked means insurers can streamline investigations. It also helps contractors verify that the right kit is used for the right job, reducing downtime on site.

Embracing Technology

Technology is central to many modern construction-site processes. By integrating digital solutions, contractors can unify repairs management, asset tracking and job routing. Platforms such as Help me Fix enhance operational efficiency further by providing remote video triage and AI-driven repairs assistance. With these tools, trades businesses are able to reduce unnecessary travel, improve first-time fix rates and keep projects on schedule.

"Integrating asset tracking with remote repairs solutions is a game-changer for construction firms. It streamlines documentation, reduces costs and ensures teams focus on high-priority tasks."

Ettan Bazil, Founder & CEO

The Future of Asset Management

As the Construction Plant-hire Association (CPA) and insurers explore ways to reduce theft and manage claims, experts predict broader adoption of connected platforms. The next wave of development includes linking equipment registers with live diagnostics and repairs triage. By integrating with solutions like Aidenn, contractors could monitor equipment condition, schedule maintenance more effectively and even diagnose issues remotely before dispatching an engineer.

Enhancing Repair Workflows

An integrated approach to asset management and repairs offers a more sustainable and cost-effective method of project delivery. Combining plant registration with digital triage means businesses know precisely when to send an engineer or conduct maintenance on site. These efforts align with broader goals to improve both safety and environmental impact.