Sedgwick, a leading global provider of technology-enabled risk, benefits and integrated business solutions published their latest U.S. product recall index report today. According to the findings in the report, the effects of the COVID-19 pandemic continue to keep inspections and recall incidents below record levels. However, as the world begins to re-open and with the… Continue reading Product Recalls Expected to Soar Post-COVID, Enforcement Set to Intensify
Tag: manufacturers insurance
Chubb Introduces CoverPlus Featuring Expanded Liability Insurance Solutions for Middle Market Manufacturers
Chubb has introduced CoverPlus℠ – a new platform offering expanded liability-driven products tailored to the ever evolving risks faced by middle market manufacturers as they embrace new technologies and processes to remain competitive. CoverPlus℠ features a custom-tailored suite of coordinated insurance products designed to fill the potential gaps which are typically inherent in traditional insurance… Continue reading Chubb Introduces CoverPlus Featuring Expanded Liability Insurance Solutions for Middle Market Manufacturers
New York Manufacturers Fear Emissions Limits Could Upend Industries
New York legislation establishing the country’s highest standards for reducing greenhouse-gas emissions has companies scrambling to determine how much it will cost to comply. Executives at Revere Copper Products Inc., a manufacturer in Rome, N.Y., wonder if potential energy price increases will make the company less competitive globally. Paper-mill operators, which use wood chips and… Continue reading New York Manufacturers Fear Emissions Limits Could Upend Industries
Manufacturers Remain Slow to Recognize Cybersecurity Risks
They have names like Notpetya, Samsam and perhaps the most cynically named WannaCry. These are just some of the most recent cyberattacks that have not only affected financial institutions, retailers and shipping companies but have also plagued manufacturers, like Merck & Company, the pharmaceutical firm, and the snack company Mondelez International. Whether they come from… Continue reading Manufacturers Remain Slow to Recognize Cybersecurity Risks
Chubb: Data Suggests Manufacturers Under-Purchasing Key Insurance Products
A study from Chubb and The National Center for the Middle Market (NCMM) finds that although manufacturing is experiencing growth, there are many interconnected challenges leading to new risks. The research also suggests that manufacturers may not be fully prepared to confront some of these new and emerging risks, including financial and competitive challenges, cybersecurity… Continue reading Chubb: Data Suggests Manufacturers Under-Purchasing Key Insurance Products