Industry · Manufacturing
Insurance for plants that never stop.
Manufacturers depend on machinery, suppliers and product that ends up in other people's hands. We build programs that cover the plant, the line and the products you ship.
Exposures
What the program has to answer for.
Five risks we plan around before we approach a single carrier.
- 01
Property and equipment breakdown
Fire and storm damage to the building are only part of it. Equipment breakdown cover pays for sudden mechanical or electrical failure of key machinery, which standard property forms often exclude.
- 02
Business interruption
A stopped line means fixed costs continue while revenue falls. Business income cover replaces lost profit and continuing expenses while the plant is repaired, up to the period you insure.
- 03
Product liability and recall
If a product injures someone or damages property, the claim comes back to the maker. Product liability responds to that. A recall of the product itself is usually a separate policy.
- 04
Supply chain dependence
If a key supplier has a covered loss, your output can stop even though your plant is untouched. Contingent business interruption addresses that, and terms vary widely by carrier.
- 05
Operational technology and cyber
Networked machines and control systems can be halted by ransomware. We check that cyber cover reaches operational technology, not only office systems.
Coverage
The covers that carry the weight.
Each card shows how the cover fits into a program.
- PropertyBuildings, stock and equipment, plus lost income.The primary layer of a property program.
- General liabilityInjury and property damage claims from third parties.The first layer of your liability tower.
- Umbrella & excessHigher limits stacked above your primary policies.The upper layers of your liability tower.
- CyberBreach response, ransomware and business interruption.Cyber is a standalone policy with its own tower.
Your brokers
The people on your account.
Questions
Straight answers.
Does property insurance cover machinery failure?
Not always. Sudden mechanical breakdown is often excluded from standard property forms and added through equipment breakdown cover. We check whether it is included and at what limit.
How is the business interruption limit set?
It comes from a worksheet of projected profit and continuing expenses, plus how long the plant would realistically take to restart. We build that with your finance team.
Is a product recall covered by general liability?
Generally no. Liability policies respond to injury or damage to others, not the cost of pulling your own product. Recall is a separate cover, and some contracts require it.
What should we prepare for a renewal?
Updated building and equipment values, loss runs, a summary of safety and maintenance practices and details on major suppliers and customers. We take it from there.
Walk us through the plant.
Give us your equipment list and current property policy and we will show whether the limits match what it would cost to restart.