Risk & Business Magazine Miller Insurance Fall 2017 | Page 26

LOW EXPLOSIVE MARKET EXPLODING Low Explosive Market Exploding Rock Removal Solutions K evin Craven is in business to blow things up—and to do so safely, with minimal impact on the environment. He started out as a sales representative covering North America for an Australian company producing low-impact explosives. When the company retreated back to Australia to take advantage of its own mining industry, Craven was offered an option to purchase the company and continue servicing its North American clients. He now owns two growing companies: Rock Removal Supplies, which supplies consumable drill bits, excavating equipment rentals, and consumables for the solar industry; and Rock Removal Solutions, which manufactures and sells a rock-breaking technology called Rock Removal Cartridge (RRC). Craven chose www.lowexplosives.com as his website name because that’s exactly what RRC is—a revolutionary technique for rock breaking, trenching, excavating, and concrete demolition in sensitive environments. RRC is especially useful in locations that are close to homes, buildings, bridges, railway beds, and sensitive coastal areas. It also doesn’t damage any underground infrastructure, such as fiber-optic, sewer, or gas lines. The process utilises tensile pressure to penetrate and fracture rock, rather than the intense shock energy of conventional explosives. With a safer product comes a host of other benefits. The use of RRC does not require any special permits, and the cartridges can be shipped in regular vehicles, with no special licensure, certifications, or signage. Whatever is not used on the job can be carried back to storage bins in regular company vehicles. And although low-impact explosives cover the same area as DDT explosives, they don’t require any complicated surveys. Boulders can be broken up in mere seconds. RRC costs about ten to fifteen percent more than conventional explosives, but these advantages more than compensate. Rock Removal Solutions is the only business certified to train and certify contractors to use the RRC product, so Craven’s product liability policies must be ironclad. He works closely with Miller Insurance broker Steve Barber to ensure that the company has proper coverage, especially as the company continues to expand. He now has seven employees, with dealers in Ontario and throughout Canada, the United States, and parts of South America. Most recently, Craven showcased his product in Nicaragua, a region where workers are still using excavators and hammers to break up boulders. This is a costly and time-consuming process that can be condensed into seconds with RRC. The company works closely with explosive regulatory bodies in each country in which it does business. Craven is more than happy to have Barber review his insurance needs on a regular basis and make sure that his policy coverage changes along with his business. He knows that his business carries some major risks, but nowhere near as many as conventional explosives. “We are growing leaps and bounds right now, and I expect that growth to continue,” he says. “Not only are we able to do our part to save the environment, but we can help lower the supply of explosives that continue to threaten our world.” + Rock Removal Solutions is the only business certified to train and certify contractors to use the RRC product, so Craven’s product liability policies must be ironclad. 26