Manufacturing is a diverse industry, and one that is changing at a rapid pace thanks to the effects of technology and globalisation. The risks manufacturers face are complex, and could range from lost production time due to a mechanical outage, fire or supply chain failure, to a product recall due to a defect. In many cases, they will also be specific to what your business manufactures.
From business interruption and loss of profits to goods in transit, a manufacturing premises faces considerable everyday risk. This, plus third party injuries like a fall or contact with moving equipment, can expose your business to high cost claims. Industrial insurance, designed for manufacturers, can provide a backstop for critical but common incidents.
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