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Helmer Risk Management, LLC News

Helmer Risk Management, LLC Signs PipeEye International

PHOENIX, March 13 PRNewswire — Before the ink was dry on his company's strategic alliance with international information and communications technology leader Pure Technologies (http://www.puretechnologiesltd.com), Ken Peligren, president of PipeEye International (http://www.pipeeyeinternational.com), knew PipeEye's insurance coverage needed to be shored up. So Peligren called on Helmer Risk Management, LLC (http://www.helmerrisk.com).

"PipeEye is strategically aligned with companies around the continent and around the globe, including Hibbard Inshore in Michigan, Klear Blue Technologies in Pittsburgh, Oceanvision in Singapore, and now Pure Tech in Canada. And we are continuing to grow our international network," stated Simon Rideout, PipeEye sales and marketing manager. "With that kind of expansion, we realized it might be prudent to revisit our insurance and risk management policies."

Scott Helmer, president and CEO of Helmer Risk, recommended several changes. Because PipeEye works internationally, the company needed a program that could respond worldwide and protect PipeEye and its employees when working abroad. What's more, PipeEye's specialized equipment — fiber optic video systems capable of crawling more than a mile through pipes in all conditions to provide high-resolution inspection capability — is often used in precarious, demanding situations.

"One of the most important coverages we added for PipeEye was to cover the company's equipment in the event of damage or total loss in any scenario," Helmer explained. "If one of its machines is out of service, PipeEye stands to lose significant revenue, so we also made sure to put business interruption and loss-of-use coverage in place. Finally, we significantly strengthened PipeEye's other lines of coverage in relation to pollution and professional liability exposures."

Thanks to the new alliance with Pure Technologies, PipeEye is now positioned to offer condition assessment of PCCP lines without de-watering the lines, cutting a significant cost to water companies. PipeEye will also be able to inspect PCCP lines that until now were too small to accommodate manned inspections.

"We appreciate Helmer Risk's personalized service and ability to see the big picture of our company's growth and to understand how our new alliances can affect our risk management needs," Peligren stated. "As PipeEye forges new partnerships and establishes a global presence, we know Helmer Risk will continue to provide the insurance and risk management services that will protect our personnel, our assets and our company."

About Helmer Risk Management, LLC

Helmer Risk, founded by Scott A. Helmer (photo: http://www.ereleases.com/pr/2008-ScottHelmer.jpg), is the leading provider of specialized insurance brokerage and risk management solutions for the energy and construction industries. Headquartered in Phoenix, the company represents clients across the U.S., many with operations around the globe. For more information, visit http://www.helmerrisk.com.

Contact: Scott A. Helmer, President & CEO Helmer Risk Management, LLC 602-275-1996 x226 877-435-6371 scotth@helmerrisk.com http://www.helmerrisk.com

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.

SOURCE Helmer Risk Management, LLC

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