NER Launches Equipment Theft Prevention Website

JERSEY CITY, N.J., March 17, 2010 — The National Equipment Register (NER), a division of ISO Crime Analytics, announced today the launch of a new industry website. The website is intended to improve efforts to coordinate the fight against heavy equipment theft and offers a variety of free services to help equipment owners and their insurers combat the problem.

The new site features an interactive map that gives visitors the ability to visually analyze theft patterns throughout the United States, the opportunity to register to receive alerts about equipment stolen at a regional or national level, monthly and annual theft pattern analyses, and a quarterly equipment security newsletter.

In addition to the free services offered through the website, NER has developed an online portal for its IRONcheck® service. For a fee, used-equipment buyers or sellers can request a search of the NER database by serial number on any used piece of heavy equipment they are considering buying or selling.

Equipment owners, insurers, and law enforcement can continue to use the website to report equipment thefts. Equipment details are reviewed and quality-controlled by NER’s team of analysts and theft alerts sent. The loss details are made available to law enforcement 24 hours a day through the National Insurance Crime Bureau (NICB).

“Since 2001, NER has been collecting and analyzing thousands of thefts each year and has helped NICB and law enforcement recover millions of dollars of stolen equipment annually,” said David Shillingford, president of National Equipment Register. “The website allows us to share much of that valuable data with those looking to recover stolen machines and reduce the chances of falling prey to equipment thieves. It wouldn’t be possible without the help of insurers and equipment owners. We appreciate their support.”

About NER
The National Equipment Register (NER), a division of ISO Crime Analytics, Inc., helps equipment owners manage equipment risks. Since 2001, NER has helped thousands of equipment owners and their insurers deter theft and has enabled law enforcement to recover millions of dollars of stolen equipment through HELPtech®, a national equipment marking and registration program. In 2009, NER launched IRONcheck®, a machine-history search for used-equipment buyers. NER’s data management skills and equipment expertise are also used by fleets to support compliance with new regulations. For more information, contact NER at 201-469-2030 or at info@nersua.com. You can visit the NER website at www.nerusa.com.

About ISO
Since 1971, ISO has been a leading source of information about property/casualty insurance risk. For a broad spectrum of commercial and personal lines of insurance, the company provides statistical, actuarial, underwriting, and claims information; policy language; information about specific locations; fraud-identification tools; and technical services. ISO serves insurers, reinsurers, agents and brokers, insurance regulators, risk managers, and other participants in the property/casualty insurance marketplace. ISO is a subsidiary of Verisk Analytics.

Release: Immediate

Contacts:
Giuseppe Barone / Erica Helton
MWW Group (for ISO)
201-507-9500
gbarone@mww.com / ehelton@mww.com