McGrady Insurance offers the full range of insurance for manufacturing companies and works with all sorts of companies, from family-run agri-food brands to multinational heavy machinery factories - and everything in between.
We have a specialist in-house manufacturing insurance team who have arranged cover for some of Northern Ireland’s best-known brands and most successful manufacturers.
McGrady Insurance will source the right mix of insurance products from our exclusive panel of insurers and combine these with our expert advice, risk management consultancy and claims handling support to create a bespoke insurance and risk package for your manufacturing business.
Get in touch today to find out how we can take care of your manufacturing business.
What is manufacturing insurance?
Manufacturing Insurance refers to a diverse range of insurance solutions designed for companies involved in the manufacture of products.
Typically a package of manufacturer’s insurance will involve some combination of the following types of coverage:
- Employer’s liability
- Product liability
- Property Insurance
- Plant and machinery insurance
- Professional Indemnity
- Commercial vehicles insurance
Who needs manufacturing insurance?
All levels of manufacturer will require some form of insurance from small crafters to large scale heavy equipment factories.
Anybody involved in creating a product is open to being claimed against if their product causes harm, loss or injury.
What does manufacturing insurance cover?
As an employer, you must have employer’s liability insurance to cover the risk which may arise from injury in the workplace. There are very few employers in the UK who are exempt from this legal requirement.
As a business making a product, you remain liable for loss, harm or damage caused by that product if it contains faulty components, has production flaws that render it not fit for use or dangerous or if your product is not properly labelled to reduce consumer risk.
As a manufacturer, your business will also be open to many additional risks that can be covered under a package of manufacturer’s insurance. These might include:
- Product recalls
- Intellectual property disputes such as trademark or copyright breaches
- Data breaches and cyber-risks
- Commercial vehicles
- Employment practices liability
Why choose McGrady Insurance for your manufacturing insurance?
A Trusted Partner
McGrady Insurance is Northern Ireland’s largest commercial insurance broker and risk management advisory and we are proud to call some of the country’s best-known brands, biggest companies and most respected institutions our clients and partners.
Local Knowledge - National Buying Power
As a company native to Northern Ireland, we have detailed knowledge of the sometimes complex regulatory framework faced by manufacturers here and have detailed experience of cross-border claims which are a significant risk for local companies.
McGrady Insurance is part of GRP Group, a UK and Ireland-wide group of insurance intermediaries, giving us access to a range of insurance products unavailable to many of our local competitors.
We pride ourselves on being a people-focused organisation and put our clients' needs at the centre of everything we do. We understand that every business is unique and your dedicated account handler will work hard to fully understand your needs before sourcing an insurance and risk solution that is customised to you.
An integrated solution
An important aspect of manufacturing insurance is your risk management and mitigation strategies. As an insurance broker with an in-house risk management team, we will work with you to help you identify, understand and mitigate the unique risks your business faces and design an insurance policy that will cover the rest.
Let's talk about how we can help protect the future of your manufacturing business.
Book a call with our Manufacturing Insurance team
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