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
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.
Willis Towers Watson 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.
The Willis Towers Watson 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.