Scrap metal recycling is a multi-billion-dollar industry.  The U.S. metal recycling market is projected to grow to $89B by 2027.

For more than 150 years, steel scrap and iron scrap have been recycled to make new products, and the world of recycling depends on scrap metal operators to gather and deliver scrap metal used as raw materials for secondary production.  The value of the ferrous scrap industry in the U.S. is more than $18 billion, while the non-ferrous segment of this sector offers a value of more than $32 billion annually.  With the scrap metal recycling market projected to grow to 891 million tons by 2025, scrap metal dealers continue to face increased industry-specific exposures in their day-to-day operations.

Amwins Program Underwriters, part of the Amwins Underwriting division, offers an exclusive scrap metal dealers program that is distributed through a select group of retail brokers.  The Scrap Metal Dealers program provides all lines coverage for risks that process and sell ferrous and non-ferrous metals, allowing a small percentage (less than 15%) of paper and plastic, if offering property coverage.

With more than 30 years of experience in serving the needs of these businesses, our programs provide stability, affordability and high-quality service designed to help you succeed.  Partnering with us means you’re a priority.

Eligible accounts

• Operations that process and sell ferrous and non-ferrous metal scrap
• Scrap recycling operations
• Automotive dismantlers
• Self-service yards
• Auto recyclers

Ineligible accounts

• Paper, plastic, rag or rubber scrap recyclers
• Operations with barges
• Demolition exposures
• Waste & e-waste recyclers
  
  

Coverage

• Property
• General liability
• Inland marine
• Crime
• Employment practices liability
• Equipment breakdown
• Cyber
• Conversion
• Umbrella
• Workers' compensation - click here to learn more