Hundreds of millions of dollars of equipment is stolen each year. The real cost is higher due to the cost of short-notice rentals, the short and long-term costs of project delays or overruns, wages paid during downtime and insurers' losses, the costs of which are passed on to the customer.

Security measures such as efficient site management and clearly defined responsibilities, tracking and alarm devices, additional locks, lighting, and liaison with local law enforcement are all useful tools in the fight against equipment theft. However, one of the most cost-effective measures is through equipment information management.

To deter theft and increase the chances of recovery in the event that a unit is stolen, NER offers Heavy Equipment Loss Prevention Technology (HELPtechSM).

Theft Prevention and Recovery - HELPtech^SM

For a few dollars per item per year, owners can securely and confidentially register their entire fleet with NER. Smaller fleets may register equipment online and larger fleets can download electronic inventories.

NER provides a high quality 4” by 5” decal for each registered item so that owners can show potential thieves that the item is registered on a database linked to NER’s national stolen equipment database which is searched by law enforcement and buyers of used-equipment.

NER will be able to help law enforcement identify the true owner of any registered equipment through its 24-hour hotline used by officers investigating suspicious equipment.

Owners have secure, password-protected and searchable access to all their registered items - a useful online inventory management tool.

There are five clear benefits to be gained by registering equipment with NER:

• as soon as a theft is detected, NER can be notified and a full loss report will be added to the NER database, ensuring the speed and accuracy of the loss report;

• a theft may not be discovered for days, or even weeks, during which time law enforcement may have investigated the equipment with no success. NER will be able to identify the owner of registered equipment if found in suspicious circumstances – even before the theft has been discovered;

• thieves will be deterred where equipment (and premises) have been marked with NER decals due to the increased likelihood of detection while moving, storing or selling the equipment. Even if the decal is removed, the item will still be registered – and the thief knows this;

• owners can record component and owner-applied numbers on the HELPtechSM database, which not only gives law enforcement an added identification tool, but also helps prove ownership;

• theft deterrence and the increased chance of recovery will improve loss experience that will help control the cost of risk whether insured or self-insured.

Fleets

Where large fleets already have electronic schedules of equipment, NER has developed file transfer protocols to download this data onto the HELPtech^SM database.

Rental

Rental Equipment is particularly vulnerable to theft. NER provides services tailored for rental companies and their clients