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Manufacturing Risks

The manufacturing risk environment

The manufacturing sector continues to contribute to the global economic recovery, yet the environment in which it operates remains unpredictable. Driven by trends such as globalisation and sustainability, this highly competitive landscape creates risks to manufacturers’ strategic business objectives.

Key to the success of this important business sector is the creation of superior financial and strategic value. The long-term winners will be those companies that anticipate change, adapt the scope of their business activities and put in place robust risk management programmes to safeguard and support their success.

How can Willis help manufacturers?

Willis have considerable experience and knowledge of the Manufacturing industry. We use our insight to help our clients manage and mitigate risk and control costs within their businesses.

We will look at the operational structure, the people and the values and ethics that are fundamental to your business strategy. We analyse your business in terms of key manufacturing value drivers such as; focus, customer insight, brand and intellectual property, cost and efficiency, talent, innovation, agility, and partnerships and alliances. We then review the risks that could damage your business and recommend areas for improvement such as business resilience and recovery, risk retention and transfer, servicing efficiencies and cost reductions. Particular areas of focus where expert advice is available include supply chain risk management, trade credit insurance, product recall and contamination, and satisfying regulations and compliance across multiple territories.

What experience does Willis have in the manufacturing sector?

The Willis Manufacturing and Industrial Practice has worked with businesses in this sector for many years and as a result we have a deep insight into the opportunities and challenges manufacturers face. Our team of manufacturing specialists are based throughout Ireland and work with clients operating within all industry sub-sectors.

Part of a global broking organisation, your local office will be your connection to the breadth of expertise Willis has to offer. Our industry focus combined with our risk management, claims and insurance placement proficiency means we are well positioned to assist with both traditional and emerging business exposures.

Please do not hesitate to contact us to discuss your manufacturing risk management and insurance strategy further and find out how we can help you implement the right approach for your business.

CONTACT DETAILS
Ronan Doyle
Business Development Manager
Tel: +353 1 632 6939
Email: ronan.doyle@willis.ie
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Manufacturing Risk Solutions