Verisk Analytics this week launched IRONwatch, a wireless tracking and recovery device for mobile heavy equipment with no monthly fees. IRONwatch was developed for construction, farm, and industrial equipment by the National Equipment Register, a member of the Verisk Analytics family of companies, and Las Vegas-based American Security Logistics. IRONwatch is supported by the AT&T wireless network.

The IRONwatch sleeping SIM capability is designed to make tracking and recovery affordable, because IRONwatch does not incur a monthly fee. With a three-month internal battery life, IRONwatch is supported by a 24-hour, fully staffed service call center that uses the national GPS 911 system as well as NER’s experience and success in supporting the investigation and recovery of stolen equipment. With this support system in place, IRONwatch delivers quick and accurate location and recovery information to equipment owners and law enforcement for misplaced or stolen equipment.

“IRONwatch is the missing part of the equipment security puzzle,” said David Shillingford, president of NER. “For the last 10 years, we’ve been hearing growing frustration from equipment owners who want a simple equipment location and recovery device that is low-cost, easily installed, robust, tamper-evident, and has no monthly fee. IRONwatch has the potential to change the way after-market equipment security and tracking are delivered. The level of interest expressed by equipment owners, rental companies, and their insurers and finance companies during our market research is very encouraging.”

American Security Logistics provides an extensive line of technologies, services and products. In addition, ASL provides an Emergency Response Center for responding to consumer requests, marketing, and technical consultants specializing in security planning, including the tracking and recovery of high-value assets.

NER helps equipment owners manage equipment risks. Since 2001, NER has helped thousands of equipment owners and their insurers deter theft and has enabled law enforcement to recover millions of dollars of stolen equipment through HELPtech, a national equipment marking and registration program. In 2009, NER launched IRONcheck, a machine-history search for used-equipment buyers. For more information, contact NER at info@nerusa.com or visit the website at www.NER.net.

Verisk Analytics is a leading provider of information about risk to professionals in insurance, healthcare, mortgage, government, and risk management.