The manufacturing sector employs more than 1.5m people and has long been a key segment in the Canadian economy. In the rapidly changing global marketplace, new technologies, materials and processes present both challenges and opportunities as companies strive to remain competitive and profitable.
Innovations across supply chains, distribution and process management are coming at the same time as new technologies like 3D printing, nanotechnology and the internet of things. If that wasn’t enough, innovation is also being bolstered by revolutionary new materials like graphene. In this environment, the manufacturers that succeed will be those that are agile and able to adapt to changing demands, materials and labour resources.
QBE has a long history of supporting manufacturing companies. We can support businesses in a wide range of sectors, including auto parts, metals, chemicals, paper and wood products, technology and industrial machinery.
Our underwriters take the time to understand the nuances of your products and your business. We work hard to understand who your customers are and what they expect, and we consider in detail the likely impact of any incident on your operations. That allows us to assess your exposures effectively and create a policy that meets your precise requirements.
As we understand how vital it is to keep any interruption to your business to an absolute minimum, our Claims team is committed to reaching fair settlements as quickly as possible.
We have the resources to deliver effective insurance solutions and support wherever your operations take you. Our global network allows us to provide coverage in more than 150 countries, so we are well placed to deliver globally compliant multinational programs.
Finally, under our unique QBE Premiums4Good initiative, we offer the opportunity to put 25 per cent of your premium into investments with an additional social objective, such as reducing homelessness or helping the environment. We provide annual updates about the projects we have supported, which you are welcome to use in your own corporate social responsibility reporting.
We offer coverage for loss of or damage to fleet vehicles, as well as costs arising from third-party liability claims.
Read more about Automobile Fleets
Our comprehensive Crime/Fidelity insurance protects against money, stock, securities or property being stolen by employees or third parties.
Read more about Crime
The explosion in digital technology across the manufacturing sector makes cover against cyber crime, data theft and server downtime increasingly important. QBE’s approach provides you with a team of specialists who can help you manage a breach, minimizing the harm to your business and your reputation.
Read more about Cyber
Directors’ and Officers’ Liability insurance protects senior employees against claims resulting from actual or alleged wrongdoing.
Read more about Directors’ and Officers’ Liability
Our Environmental Impairment Liability policy insures organizations for costs to repair environmental damage and respond to claims made by third parties.
Read more about Environmental Impairment Liability
Whether you are manufacturing components or finished products, product failures can generate claims and damage your reputation. Under our General Liability policy, we will cover you for any losses stemming from such claims and provide hands-on support to minimize the impact on your business.
Read more about General Liability
We partner with brokers and MGAs to offer insurance solutions to groups or associations with a common insurance need, empowering you to generate valuable income and grow your business.
Read more about Group Insurance Programs
We can create compliant multinational programs for a wide range of products – including Property, General Liability, Professional Liability, and Directors’ and Officers’ Liability – in more than 150 countries.
Read more about Multinational
Our Property policy offers protection from damage to your organization’s physical assets, as well as any resulting disruption to your business. We have significant international reach and are able to provide coverage for operations around the world.
Read more about Property
We insure organizations against losses arising from war, confiscation, expropriation, political violence and terrorism. Coverage includes compensation for property damage and business interruption.
Read more about Terrorism and Political Risk