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Claims News Service, Mar. 28, 4:45 p.m. EDT — A pioneering partnership between a commercial and construction equipment manufacturer and the National Equipment Register will help in the recovery of large commercial equipment lost through theft, and help insurance companies decrease their claim costs.

Multiquip, a supplier of compaction equipment, concrete and masonry cutting, placing and finishing products, power generation equipment, dewatering pumps, lighting solutions and other construction equipment, will register equipment that it sells with the National Equipment Register, a database company dedicated to helping equipment owners deter theft and recover stolen equipment. This registration will allow police officers and officials to quickly identify the true owner of a Multiquip machine at any time, and will help insurance companies decrease claim costs.

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