More than ever before, it's important to have an insurance and risk solution that accounts for the wide variety of risks inherent in the manufacturing industry.
The Australian manufacturing sector has had its challenges in recent times due to a variety of pressures. Fiscal tightening, an appreciating Australian Dollar, and cheaper offshore labour have all affected the industry's ability to compete on a global scale, placing strain on demand for goods overseas.
With a smaller margin for error, it is more important than ever to ensure you have an insurance and risk solution that accounts for the wide variety of risks inherent in the manufacturing industry.
Whitbread will work in partnership with you to truly understand the inner workings of your business, fixed assets, property, systems and equipment to identify your inherent risks, and formulate an insurance program that addresses these.
As a manufacturer there are a number of risk exposures outlined below, which, if not managed, can prove extremely costly:
By managing your risk, we seek to empower you with the confidence to innovate and diversify, enabling you to further grow your business and strengthen your presence in the market.
Areas of specialisation:
With the events of the last years still heavily impacting the way in which we live and how businesses operate, the top global risks for businesses in 2022 will come as no surprise.
Cyber risk continues to be a leading risk for Australian businesses in a post-pandemic world. As Australians continue to work remotely, relying heavily on digital platforms to interact and conduct business transactions - cybercriminals are taking advantage. Understand how you can mitigate the risk of cybercrime and minimise the damage inflicted by a cyber-attack.