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December 10, 2025

Understanding Elevator Insurance: Protecting Your Business and Workforce

Explore key elevator insurance solutions designed for elevator contractors to manage risks, support safety, and protect your business, employees, and projects.

Elevator contractors face unique risks that call for tailored elevator insurance solutions. From handling claims to maintaining workplace safety.

  • General and excess liability: Protection against third-party injury, property damage, and advertising claims. Excess liability adds extra coverage for large losses, helping safeguard your reputation and finances.
  • Cybersecurity insurance: As elevator technology advances, cyber risks grow. This coverage protects sensitive data like blueprints, project plans, and employee information. Cyber liability advisors assess risks and create plans to reduce disruption from cyber incidents.
  • Property insurance: Protection for physical assets against fire, theft, natural disasters, and other threats. This coverage helps keep your business running by covering damages and supporting recovery.

Surety and performance bonds

Getting surety bonds can be complex and time-sensitive. Our bond team guides you through the process to help secure the bonds you need to meet contracts and keep projects moving.

Employee health and benefits

Supporting your employees’ health and well-being strengthens your team and business. This includes workers’ compensation, help with compliance, and clear communication strategies that promote safety and wellness.

Partner with us

At Marsh McLennan Agency (MMA), we combine local knowledge with global resources to provide service designed for elevator contractors. We offer access to digital safety resources covering hundreds of topics to support your technicians’ training. We help you find insurance and employee health benefit solutions, working to avoid coverage gaps or overlaps. Our team collaborates with you to balance risk and comfort, providing information to help protect your business and your people.

Want to deepen your understanding of elevator insurance? Schedule a meeting with our elevator insurance team today.
 

Want to learn more about our specialized insurance solutions for your firm?

Reach out to a specialist today.

Contributors

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Matthew Avallino

Executive Vice President, Business Insurance