Equipment like this is expensive to buy
and replace if it breaks.
And up until recently, you couldn't find
an insurance company that would insure
both the robots and the computers that
control them.
It's new.
It's simply
the US, I believe, is has come
in late, uh,
compared to the world.
And the US is now
jumping in.
Leclair's company Kemper Insurance is the
first to insure the control computers
because electronics can be as expensive
as the mechanicals.
A million dollar piece of equipment like
this can be reduced to useless junk
thanks to something as simple as a power
surge. So the insurance idea makes sense,
perhaps more than you might think because
it could lead to stepped up automation
if.
Pay for that possible place
you in your lifetime.
And if automation produces better goods
at a lower price, you and I win
Ed Martelle Channel 5 Action News tonight.