About us
MISSION
TER’s mission is to reduce plant and equipment theft and to improve stolen equipment recovery rates through the provision of a range of services to the police and law enforcement agencies, and to the industries which manufacture, finance, insure, own, use, trade, and auction plant and equipment.
MAJOR SERVICES
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Stolen equipment recovery services provided on behalf of insurers, banks and owners
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Equipment registration services for owners and banks
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Due diligence checks for purchasers and sellers
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Asset inspection services for banks and insurers
COMPANY HISTORY
TER commenced operations in 1995, following the successful establishment of the Art Loss Register in 1991. In 1998 TER merged with the National Plant Register to form The National Plant & Equipment Register, retaining the TER abbreviation.
COMPANY RELATIONSHIPS
TER is the sister company of The National Equipment Register (NER) in the United States of America www.nerusa.com
TER is part of the Loss Management Group of companies, which includes:
Loss Management Group (LMG) www.lossmanagement.co.uk
The Art Loss Register (ALR) www.artloss.com
The National Plant & Equipment Register (TER) www.ter-europe.org
TER IS A MEMBER OF:
The Plant Theft Action Group (PTAG), an industry crime reduction committee
The Construction Plant hire Association (CPA) www.cpa.uk.net
The Insurance Fraud Investigators Group (IFIG) www.ifig.org
