Manufacturing Insurance
Helping manufacturers transform ideas into new products
In a varied sector, manufacturing insurance needs to keep pace with the breadth and depth of products being developed. That’s why Travelers treats each company differently, with a tailored approach to manufacturer’s insurance that protects the progress made as new products are created.
From making truck bodies and power tools, to metal furniture – companies can rely on specialists who firmly understand the industry risks. Travelers offers insurance for manufacturers that can help businesses achieve their plans and aspirations.
Our appetite
We cover
These fall within our appetite, and we’re happy to discuss details.
Metals
- Fabricating
- Shaping
- Finishing
Machinery manufacturing
- Weighing and packaging machinery
- Power and cutting tools and their accessories
- Metal pressing machinery
- Industrial machinery
Metals manufacturing
- Manufacture of non safety critical components
- Computer numerical control (CNC) machinery
- Manufacture of low- and medium-hazard vehicle components
- Manufacture of truck and trailer bodies
- Manufacture of metal furniture
- Manufacture of packaging containers
Travelers advantage
In such a diverse sector, things likely won’t always go to plan. Travelers offers specialist expertise you can count on to address the risks faced in the manufacturing industry thanks to a detailed and bespoke underwriting process.
- Financial strength. Financial strength and stability with international reach.
- Experience & expertise. Long-term industry experience combined with deep specialist underwriting expertise.
- Superior claims service. Expert Claims teams focused on delivering superior service.
- Dedicated risk managers & consultants. Access to risk consulting from trusted experts.
- Multinational reach. Tailored coverage and support in more than 150 countries.
- USA risk portal. Access to the Travelers U.S. risk portal.
- Rehabilitation. Aid injured employees return to work with Travelers Proactive Rehabilitation Support.
Manufacturing covers & highlights
-
Travelers' manufacturing policy provides the following covers
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- Property damage
- Business interruption
- Employer’s liability
- Public and products liability
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The policy also includes the following optional covers
- Computer all risks
- Terrorism insurance
- Goods in transit
- Money and personal accident
- Deterioration of stock
- Outstanding debit balances
- Errors and omissions
Business questions
Help us better understand the risk
- Can you provide us with all the relevant information about the construction of your premises?
- What are the fire prevention, detection and protection measures?
- Who are the staff, their training, health and safety, and respective record keeping?
- What are the risk assessment and safe operating procedures?
- What are the quality control, labelling and contractual risk transfer protocols?
Let's get specific
These are the kinds of detailed questions we will ask to better understand day-to-day operations.
How close is the premises to a water main and full-time fire brigade?
What is the separation of the manufacturing and storage/warehousing facilities?
What are the current fire detection systems?
Are there any unattended (overnight or otherwise) processes that include battery charging?
Is there a process and schedule for any of the following?
- Fixed electricals and portable appliance testing
- Documented maintenance and cleaning programmes
- Documented waste removal programmes
- Smoking controls
- Thermographic testing of machinery
- Regular review and testing of business continuity plan
Is there a health and safety officer, and if so, what are their qualifications?
What is the ratio of permanent employees to agency staff within the business?
What controls are in place with regards labour only and bonafide sub-contractors?
Are there document processes for the following?
- Onboarding staff and induction programmes
- Role-specific training
- Manual handling procedures with appropriate training
- Care of substances hazardous to health (COSHH)
- Personal protective equipment (PPE) provided with mandatory usage where appropriate
- Occupational health monitoring
- Work-related upper limb disorder
- Noise assessments
- Accident reporting and monitoring
Are there documented (and regularly reviewed) risk assessments and safe operating procedures, including:
- Appropriate visitor guidelines
- Traffic movement
- Forklift truck protocols
Is there a quality control programme with full subrogation rights?
Is there an approved and documented list of suppliers?
Are there favourable terms of contractual risk transfer? This includes:
- No hold harmless agreements in place
- Strong traceability of materials
- Designs signed off by customers
- Working to customer specifications
What are the steps to make sure products have effective labelling?
Is the business ISO certified for health & safety and quality management systems?
Are products Conformité Européene (CE) marked?
Related products
Let’s start the right conversation
For business
Find a broker
If you’re looking for covers and have a broker, ask about Travelers products.
If you need a broker, start with the right broker directory.
Need to call us directly? Contact us.
For brokers
Let’s save some time
We can figure out what’s best for your client when we’ve got the right information. Please review the questions on this page to get a sense of what we need to know.
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