We offer two unique coverage solutions that address the root of the problems manufacturing insureds may face, including errors in the supply chain or errors that can occur during the design, manufacturing, or distribution of a product.
Wide range of food and non-food classes considered in all supply chain areas, including:
United States, Canada, Singapore, Australia, United Kingdom
Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.
Good is a start, but we go all-out for better. A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond. Simply put, at Beazley we go to 11.
Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team. Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.
Consumables - $58M frozen bakery products manufacturer – Insured bakery detected metal in its finished pastry resulting in three weeks of lost production. The insured was reimbursed over $1.5 million in lost inventory, customer credits, and freight, storage and disposal costs. Beazley is coordinating a subrogation action against ingredient supplier.
Consumer Goods - $11M chafing dish fuel manufacturer – Insured withdrew chafing dish fuel canisters when customer complained leaking cans were causing property damage to adjacent products. The insured was reimbursed $32,000 in customer credits and for affected inventory and freight, re-packing and disposal costs.