Why manufacturing risks can be harder to insure

Manufacturing businesses can become difficult to place when insurers identify elevated fire, machinery, products liability or business interruption exposure. Factors can include welding and hot work, plastics, fibreglass, resins, dust, heat processes, extraction systems, older buildings, combustible materials or significant stock concentrations.

Insurance classes commonly considered

Depending on the operation, a program may include property damage, business interruption, machinery breakdown, public and products liability, transit, commercial motor and other specialist covers.

What insurers usually want to understand

Underwriters may request detailed information about processes, materials, fire protection, housekeeping, machinery, maintenance, stock, building construction, claims history and risk-management controls. Accurate information can be especially important for higher-hazard manufacturers.

Specialist market presentation

Our role is to explain the business clearly, identify the features affecting insurer appetite and approach suitable markets. Cover remains subject to underwriting and the terms, conditions, limits and exclusions of the policy offered.