Manufacturing Risk Management

In recent years, a difficult insurance market has led to trivial price increases or non renewal of products coverage for many manufacturers. Some manufacturers have been powerless to secure product liability coverage at any price. Meeker-Magner company is pleased to partner with several leading writers to place product liability insurance. If you have a difficult, high risk exposure, let us help you structure the precise coverage to meet this need.

Manufacturers have a constant need to concentrate on the environmental impact of their operations. Any material utilized in the manufacturing process, can present an environmental risk if not properly controlled. Environmental liability insurance can limit the financial risk of the manufacturer by protecting against a future pollution incident that may occur on the property.

Manufacturing companies also routinely buy and sell properties as business needs change and grow. When a company is on either side of a property transaction, environmental liability insurance can protect the company against any environmental "surprises" that may develop. Most banks and lending institutions will in fact require environmental insurance for a property transfer transaction.

Manufacturers need to fully protect themselves with all three of the key management liability coverages:

Directors and Officers Liability Insurance (D&O)
Employment Practices Liability Insurance (EPLI)
Fiduciary Liability Insurance.

The Meeker-Magner company invites you to give us a call at 847/699-1400 and learn about insurance and the role it plays in an effective risk management plan. Meeker-Magner company intends to make the insurance purchasing process easier and more efficient for you the client.