We know that manufacturing businesses have unique insurance needs. As specialists in this sector, we appreciate the challenging risks your business faces, and we’ll work with you to design an insurance programme that fits your business requirements.
Why do you need manufacturing insurance?
From huge steel girders to small components for food products, finding the right cover in the manufacturing sector is no easy matter. It requires the insight, experience and knowledge to ensure the assets in your business – including your people – are protected, your liabilities are ring-fenced, and the understanding to help you mitigate your risks.
We start by gaining a thorough understanding of your business, then we work with you to develop a proactive and innovative programme that’s fit for purpose.
Who needs manufacturing insurance?
Manufacturing supply chain operators
The team have been providing us with insurance services for nearly a decade…they are highly trained and knowledgeable in their field and helpful in providing support to our business completely attuned to our requirements.
We first appointed [Partners&] in 2010 to benchmark our insurances against our multinational broker. The savings made were such that it was decided to move the company’s business across [to Partners&] that year. Since then, our relationship has grown, and we have been assisted in the settlement of a complex claim made against the company to the full satisfaction of the board of directors. We have been impressed with their personal service and we would have no hesitation in recommending them.
The best… very thorough… you will like the way they work.
We’re here to help you ask the right questions, so that together, we can work on the best outcomes for you, your business and your people.
The risk in every business is different. It’s important to work with an adviser who is technically proficient and who understands the manufacturing industry and its exposures – as they change over time.
Standard BI policies usually look to cover claims from damage caused only at the premises, however often overlooked is the need to protect you further afield. A fire claim at a supplier that you rely on can still have an impact to your business if they are unable to provide the parts or raw materials you need. Whilst some standard policies provide a small extension of this cover, it is important to ensure the correct cover for your business is in place.
As a manufacturer, you will be reliant on some form of machinery to make your products. It is a misconception that standard commercial insurance policies include breakdown cover. This is not a standard insurance peril and so it is important that this is included in our review.
Claims never come at the right time, and our dedicated claims advisers are here to support you through the entire process.