Today’s manufacturers are constantly challenged with staying operationally efficient, competitive, and profitable. Between facility maintenance, equipment breakdowns, supplier or distributor problems, product transmission, liabilities, and employee safety – nearly everything in the industry carries risks. For example, if your manufacturing facility utilizes band saws or drill presses, your employees would need years of experience to operate these safely. Your vital manufacturing machinery or equipment can break down, which can lead to substantial financial losses. In the event of a fire or flood, your business may be forced to temporarily halt production and as a result, stand to lose a substantial amount of income.
The massive manufacturing industry includes a number of different trades, each with varying specialties, skills, and, of course, risks. And when it comes to risks, whether you run an automotive manufacturing facility or a donut bakery, you need a business insurance policy designed specifically to cover your company and the items it manufactures.
Sompo Insurance provides various solutions for your specific business needs, protecting you company’s continuity and sustainability so you and your team can focus on its growth. Please find our product and service solutions below or contact us for customized needs.
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