100 years of protecting manufacturing firms
From raw material suppliers to finished end-product producers, the manufacturing industry is a vastly important contributor to the U.S. economy.
In fact, if the U. S. manufacturing industry was a country, it would be the 10th largest economy in the world.
According to the Manufacturing Institute* in 2012, U.S. manufacturing:
Drove productivity growth by more than 2.5 times the rate of the service sector
As large as the U.S. manufacturing industry is as a whole, many individual manufacturers contribute to its size and breadth.
Our IndustryEdge® line of products includes tailored coverages unique to the risks faced by manufacturers, as well as international endorsements to cover overseas exposures.
Maintaining Your Brand & Reputation Tips:
*Facts about Manufacturing, November 2012
Without a business continuity plan, up to 40% of all business owners fail after a disaster.**
Create an effective business continuity plan in four steps. Learn more.
**FEMA, June 2013
Supply Chain Management
More than 61% of manufacturers receive more than a quarter of their supplies from a single source***.
Find out how to manage the many and varied risks that could occur in your supply chain. Learn more.
***Travelers IndustryEdge Survey, 2012
Exposure to loss exists at every phase of a product's life cycle, from pre-production activities, such as design, to production and post-production activities, including documentation, inspection and quality assurance, packaging (warning and labels), sales, marketing, distribution and disposal
Travelers Risk Control provides tools and resources for manufacturers to help educate them on common losses. To learn more about manufacturing business owner property and liability losses, click here.
Travelers understands the importance of specialized claim management to your company. That's why we created our Products Unit, a specialty division of claim services, to successfully help you manage claims with high cost potential. With a staff of more than 25 claim professionals, including a dedicated fire/electrical engineer, the Products Unit offers claim handling customized to your business needs with an emphasis on controlling claim payments and expenses. Learn more.
This material does not amend, or otherwise affect, the provisions or coverages of any insurance policy or bond issued by Travelers. It is not a representation that coverage does or does not exist for any particular claim or loss under any such policy or bond. Coverage depends on the facts and circumstances involved in the claim or loss, all applicable policy or bond provisions, and any applicable law. Availability of coverage referenced can depend on underwriting qualifications and state regulations.
At every step there are opportunities to improve, efficiencies to capture – and risks to manage.View the Manufacturing Toolbox today.
Thirty years ago, "supply chain management" focused on getting materials in the door to use in manufacturing finished products.
Today, the definition of supply chain has broadened to include the entire lifecycle of a product.Read More >>