Tiếng Việt
Equipment & Spare Parts</
Precision Manufacturing, Global Risk Exposure
Companies producing or distributing equipment and spare parts operate in a highly technical and globalized environment. Whether for industrial machinery, vehicles, or electronics, the sector must manage tight quality standards, cross-border logistics, and liability exposure.
Key Risks Exposure
- Product liability, in case of malfunction or failure that leads to third-party damage or business interruption
- Fire and property damage, especially in manufacturing plants and storage facilities
- Supply chain risks, with delays in raw materials, components, or international shipping
- Warranty and recall exposure, particularly when parts are critical to safety or compliance
- Customs and regulatory issues, affecting global distribution and client fulfillment timelines
- Operational downtime, due to equipment breakdowns or tooling disruptions
- Natural disasters (Acts of God) such as floods, typhoons, earthquakes, or lightning
- Workplace accidents and Employee errors, including operational mistakes and manual handling risks
- Machinery breakdown and utility disruptions affecting continuous operations
- Environmental and regulatory risks, including emissions, waste, or hazardous materials
- Strikes, riots, and civil commotion, posing safety threats or causing operational shutdowns
- Structural collapse or collision, involving buildings, cranes, or transport vehicles
Our Solution
- Property All Risks including Fire and Explosion
- Business Interruption
- Environment Liability
- Public & Product Liability
- Marine Cargo
- Trade Credit
- Cyber Security Insurance
- Worker’s Compensation
- Health & Accident Insurance
Manufacturing Industries
Comprehensive coverage for service-based businesses.
