Property, machinery, product liability, and business interruption, built for manufacturers where downtime costs everything and a product defect can result in claims from every direction.
Manufacturing businesses face a combination of property risk, production risk, product risk, and people risk, all simultaneously. A fire, a machine failure, a defective batch, or a workplace injury can each trigger a material financial event.
The BI indemnity period needs to reflect how long it would actually take to get back to full production, not an arbitrary 12 months. For manufacturers with complex equipment, 24–36 months is often more realistic.
Product liability limits need to reflect where your goods end up. Domestic distribution is a different risk profile to export markets, particularly the US or EU.
A major machinery breakdown takes six months to rectify: sourcing parts, lead times, installation. BI set to three months. Client absorbs months four through six.
Business has grown into new product lines or export markets. Liability limits set when the business was smaller. A serious product recall or injury claim exceeds cover.
Property policy doesn't include machinery breakdown. Or it does, but with a sub-limit that doesn't reflect replacement cost.
Key supplier is disrupted. Production stops. No contingent business interruption cover in place. Loss isn't recoverable.
We'll review your property, BI, machinery, and product liability, and go to market for a full comparison. No obligation, at no charge.