Industrial operations insurance is a comprehensive protection package for businesses involved in manufacturing. This policy protects your property, employees, production process, and your third-party liability, by offering security in consideration for minimal investments.
Production comes with numerous risks – from fires and breakdowns to liability for third-party damage. Unexpected events can jeopardize not only your property, but also the continuity of your business. By insuring your production, you minimize financial losses and ensure the stability of your business even in unforeseen situations.
Your production deserves security – and we’re here to make sure you get it.
With this insurance, you not only protect your property and your business, but also show that you are professional and socially responsible. If your company operates in the manufacturing industry, has property worth up to 1.5 million euros and employs up to 25 people, this product is the right choice for you!
This insurance is ideal for companies that:
The right insurance can make the difference between an unforeseen loss and a stable business.
Industrial operations insurance covers buildings, equipment, inventory, and financial assets.
With our specially designed riders, you can protect not only your property and employees, but also the entire production process.
Unexpected circumstances can seriously threaten your business, be it a fire, machinery breakdown or third-party liability. This insurance offers comprehensive protection against the most common risks in production, so that you can continue your operations without financial losses.
It includes protection against fire risks (fire, thunderbolt, windstorm, hail, explosion, impact of own motor vehicle or mobile work machine into an insured building, fall of an aircraft, impact of an unknown vehicle into an insured building), glass breakage and supplementary risks (outflow of water from installations, flood, torrents and high water, earthquake).
The subject of insurance against breakdown risks includes machinery, mechanical equipment, computers, electrical equipment and installations, as well as their mountings, bearings and foundations.
This insurance covers the risk of attempted or perpetrated burglary theft or robbery, as well as vandalism during burglary theft.
This insurance covers the liability of the business owner (user or lessee of business premises) for damage that may be caused to third parties and employees during the production process (or by the insured’s activity or possession of property), as well as liability towards third parties that may be caused by a product manufactured by the company. This risk can be stipulated if the risks listed in item I are insured.
Employees are insured against the risk of accident due to unforeseen and sudden events that can occur both during and outside of regular work duties and can lead to dismemberment. Cover includes treatment costs, occupational diseases or death due to accident.
In addition to standard risks, DDOR also offers riders to protect your business from financial losses caused by business interruption, damage to stocks or product liability. These riders allow you to concentrate fully on growing and developing your company without having to worry about unforeseen situations.
This insurance provides indemnity in the event of business interruption or reduction of business activities (partial interruption) due to damage to, destruction or loss of insured property as a result of fire risks (it can only be stipulated if risks listed in item I are insured).
This cover protects your business against mechanical, biological, chemical and similar damage to stocks in the production process, caused by damage to or destruction of production facilities due to an accident in the plant (it can only be stipulated if risks listed in item II are insured).
This insurance covers the insured’s liability for damage caused to third parties through the use of a product that the insured has placed on the market, which, due to a defect, results in third-party bodily injury, illness or death, damage to or destruction of third-party property (it can only be stipulated if general liability insurance has been stipulated). Product defects can include manufacturing defects, faulty design, inadequate instructions for use, etc.
When an insured event occurs, a quick response is critical to ensure timely payment of indemnity and minimize business disruption.
Many manufacturing companies opt for a combination of basic property insurance and product liability insurance.
Basic property insurance protects your property against risks such as fire, thunderbolt, explosion, windstorm, hail and other perils, but does not cover damage caused by the use of your products. If your product causes material damage or injury to a third party, product liability insurance covers high costs of court proceedings and compensation claims.
This combination protects both your property and your reputation in the marketplace.
