Manufacturing Insurance
Manufacturers today face unique risks. Highly specialized machinery can take months, or even years, to replace. Managing global suppliers presents the possibility of counterfeit parts entering the supply chain. Skilled labor can be hard to find as many experienced employees may be nearing retirement.
With our experience across multiple manufacturing fields, including plastics, metals and electrical equipment manufacturing, our insurer help customers identify distinct risks, including supply chain disruption, employee safety, brand and reputation. With professionals in Risk Control, underwriting, claim and data, we help manufacturers develop an effective, customized plan to harness those risks, create a culture of safety and promote business continuity.
Industry Solutions*
From protecting equipment to keeping trucks on the road and workers on the job, manufacturers require custom solutions.
We work across multiple manufacturing industries, helping companies identify and reduce risks.
Craft Breweries Insurance
The craft brewing industry is growing. With growth comes risk, including potential business interruptions due to equipment breakdown, contamination costs and product recalls.
Marshall Insurance can provide craft brewers with industry-specific coverages and services that address the unique needs of food manufacturers and processors from production to delivery. Our experienced underwriting and service professionals help get craft brewers back up and running as soon as possible.
Electrical Equipment Manufacturing Insurance
More than three-quarters of manufacturers worry about their supply chain, according to a leading Business Risk Index. Electrical equipment manufacturers face upstream, in-plant and downstream risks that can interrupt business. Having a contingency plan that anticipates potential disruptions can be a business advantage, helping you recover after a natural disaster or problem with an overseas supplier.
Food Manufacturing Insurance
Did you know that 8,061 regulated products by the FDA were recalled in 2014? Equipment failure can cause employee injury or food contamination that may result in product recalls, fines and lawsuits. Disruptions like equipment breakdown, severe weather, fire, distracted driving and accidents can impact shipping and delivery – potentially having a negative effect on your company’s operations, brand and reputation. At Marshall Insurance, we understand the unique challenges faced by your business and we offer the right products and services to help you protect it.
High Hazard Manufacturing
Products liability lawsuits historically generate some of the largest jury awards. Within the top 100 verdicts, $769M was awarded by juries for products liability claims. How are you protecting your company’s brand and reputation?
Metal Manufacturers
More than one-half, or 53% of metals manufacturers, report that they are considering locating assets closer to customers or suppliers. Metals manufacturers are more likely to consider a move to improve supply chain efficiency, compared to 43% of the overall manufacturing industry, according to a KPMG study. The size and bulk of metals manufacturing products make shipping costs a major concern in an increasingly global market. Are you protecting your supply chain from upstream and downstream risks?
Mineral Manufacturers
Eighty-eight percent of manufacturers have either hired new employees or plan to hire in the next year. Training mineral manufacturing employees in workplace safety is critical to helping reduce costly injuries and limit the loss of key personnel. Does your culture focus on keeping your workers safe?
Plastics & Rubber Manufacturers
Structure fires account for nearly $12 billion in property loss each year. The processes used in plastics and rubber manufacturing can present some unique exposures to loss that can impact your employees, your property and your business operations. Do your facilities have the appropriate fire protection in place?
Textile Manufacturing Insurance
Products liability incurred losses amounted to $1.6 billion in 2013, according to the Insurance Information Institute. Knowing the product life cycle can help textile manufacturers manage liabilities. Are you building safely across the pre-production, production and post-production stages?
Textile Manufacturing Insurance
Products liability incurred losses amounted to $1.6 billion in 2013, according to the Insurance Information Institute. Knowing the product life cycle can help textile manufacturers manage liabilities. Are you building safely across the pre-production, production and post-production stages?
Wood Manufacturers Insurance
More than 100,000 manufacturing employees suffer a work-related injury each year. Creating a culture of safety can help wood manufacturers protect against disruptions and high costs associated with the absence or loss of a critical employee. Do you conduct a job safety analysis to analyze risks and make safety improvements?
Contact Marshall Insurance: 814.363.7556 | Email Us
*Coverages and options may not be applicable to all carriers.
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