NEW YORK, N.Y. and MEXICO CITY, Mexico, January 31, 2008 — The Oficina Coordinadora De Riesgos Asegurados (OCRA) and National Equipment Register (NER) today announced a strategic alliance to combat the theft of construction and farm equipment and the cross-border movement of stolen equipment in the southern United States and Mexico.
Through the joint endeavor, NER will support OCRA operations in Mexico through training and machine-identification support services to help identify equipment stolen in Mexico and the United States.
Owned by Mexican insurance companies, OCRA is a Mexican firm dedicated to the location and recovery of stolen vehicles in Mexico. Jose Cayon, West Coast operations manager for OCRA, explained that “through this joint endeavor, OCRA will be able to identify equipment whether stolen in Mexico, the U.S., Canada, or any other country. OCRA will also be better placed to combat the cross-border movement of stolen machines. We are excited about this strategic alliance.”
David Shillingford, president of NER, observed, “The key factors resulting in high theft rates and low recovery rates of equipment are similar across international borders, so it makes sense that NER’s services and solutions for U.S. law enforcement, insurers, and equipment owners are adapted and applied in other countries.”
The Oficina Coordinadora De Riesgos Asegurados (OCRA) is dedicated to fraud prevention and locating and recovering vehicles stolen in Mexico. OCRA works with various government agencies to prevent auto theft in Mexico. OCRA maintains a database that provides secure and accurate information to law enforcement agencies all across Mexico, Canada, Central America, and the United States. For more information, visit www.ocra.com.mx.
The mission of National Equipment Register, Inc. (NER) is to increase the recovery rate of stolen equipment and reduce the costs associated with theft for owners and insurers. NER, a member of the ISO family of companies, combines systems, staff, and procedures to provide secure and accurate information services to law enforcement, insurers, equipment owners, and the equipment industry. Operations revolve around its databases of stolen equipment and equipment ownership, NER operators, and training and awareness programs. For more information, please contact NER at 212-297-1805 or by e-mail at email@example.com. You can also visit their website at www.nerusa.com.
A leading source of information about risk, ISO provides data, analytics, and decision-support services to professionals in many fields, including insurance, finance, real estate, health services, government, human resources, and risk management. Using advanced technologies to collect, analyze, develop, and deliver information, ISO helps customers evaluate and manage risk. The company draws on vast expertise in actuarial science, insurance coverages, fire protection, fraud prevention, catastrophe and weather risk, predictive modeling, data management, economic forecasting, social and technological trends, and many other fields. To meet the needs of diverse clients, ISO employs an experienced staff of business and technical specialists, analysts, and certified professionals. In the United States and around the world, ISO helps customers protect people, property, and financial assets.
Jose Cayon, OCRA
Manager, West Coast operations
Director of Marketing, NER