Manufacturers face a unique set of risks that can threaten their operations, financial stability, and reputation. From potential safety defects in products to unexpected damage to assets and disruptions in production, the manufacturing sector requires robust insurance solutions to mitigate these risks. Manufacturers insurance encompasses a range of policies tailored to protect against liability claims and other unforeseen events, ensuring business continuity and financial security.
In addition to operational risks, manufacturers must also consider the potential personal liabilities faced by directors and senior managers. Management Liability insurance provides protection for both the business and its directors or officers against claims of wrongful acts in the management of the company.