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:
From July 1, 2017, some residential Strata Insurance policies will experience significant total premium changes as a result of amendments to the Terrorism Insurance Act 2003 (Cth). The changes apply Australia wide, and relate to the introduction of a Terrorism Levy.
This Media release from the 10 March, 2018 outlining the latest from the Victorian Cladding Taskforce has been supplied by Minister for Planning, Richard Wynne.
After an Australian Federal Senate Inquiry and multiple investigations, we have reached a tipping point, and 2018 is finally seeing some action. Regulatory changes and laws drafted to either ban or control the use of various types of cladding will come into play, helping ensure the safety of countless buildings...