Manufacturing Insurance

// What are the

Key risks in the manufacturing sector?

Manufacturers face risks including machinery breakdown, fire, supply chain disruption and product recalls. Workplace injuries and cyber threats can also affect staff, systems and confidential business data.

Selling on credit creates unpaid customer invoice risk, especially when sales depend on a few major buyers.

Manufacturers with substantial buildings, stock, plant and machinery may also need Industrial Special Risks insurance to address major property and business interruption exposures within a broader policy structure.

// Who should

Consider insurance?

Insurance for manufacturers covers different manufacturing methods and product types including food, pharmaceutical, clothing, automotive, chemical, electrical, industrial and machinery, and many others. Insurance can protect you and your employees onsite, on the way to work and at work. Having the right cover is essential to help protect your business, your staff and your trading partners.

What insurance should you take out – and what can it cover?

Business pack or Industrial Special Risks

Helps safeguard your business premises and contents against:
  • Damage caused by fire, storm or accidental damage
  • Equipment or machinery breakdown
  • Business interruption
  • Employee dishonesty
  • Property or glass damage
  • Legal issues, such as with public and products liability
  • Tax audit
  • Theft, and theft or loss of money.

Public and product liability

Can cover claims against you if it’s held that a negligent act by your business or its products results in personal injury or property damage.

Errors and Omissions cover

Covers liability where there is no personal injury or property damage.

Product recall

Can cover your business against the expense of a recall and provides assistance with crisis management and public relations to restore the reputation of your business.

Cyber

Safeguards against expenses and legal costs if your website or other systems are hacked and your system cannot be used or customers’ details are stolen.

Motor insurance

Takes care of your valuable business vehicles, with cover to help:
  • If you or your staff damage another person’s vehicle
  • Repair your vehicle after an accident or replace it if it’s written off
  • Replace a lost or stolen vehicle
  • Safeguard you against legal liability.

Management liability

Can protect you against legal action for a breach in relation to an employee.

Workers’ Compensation

Can cover the cost of your employees’ wages, rehabilitation and medication if they become sick or injured through their work.

// Quote

All of the coverage, without the worry

Talk to us today to discuss your business insurance requirements, We offer straightforward advice that will result in peace of mind for you, and a business insurance package that keeps your business covered from all angles. Get in touch by calling