Advanced Manufacturing
Business Insurance for the Advanced Manufacturing Industry
What keeps you awake at night? Is it knowing how much capital you have invested in equipment and how even a minor supply chain disruption could dramatically affect your bottom line? How about the security of your properties and employees in countries with destabilizing political climates? Is it the threat of cyberattacks on your manufacturing technology, the contract penalties you could face if you miss a shipment or the thought of losing key employees?
Let’s talk. After all, getting to know you and your specific business challenges is the first step. Then, your Hylant advanced manufacturing risk management expert can assess your current risk profile. Together, we’ll develop a comprehensive strategy for managing risks to your property, employees, equipment and processes—a plan that lets you rest a little easier.
Protecting Your Advanced Manufacturing Operation
We help you develop a risk management plan with consideration of specialized and emerging risks in advanced manufacturing, such as:
- Impact of manufacturing technology, such as 3D printing and additive manufacturing
- Risks assumed in supply contracts, including government contracts
- Product liability and recall, including medical and aviation products
- Cyberattacks on industrial control systems
- Doing business and traveling abroad
- Global supply chain interruption
- Legislative and environmental changes
- Safety and workers’ compensation
- Intellectual property breaches
- Financing risk through alternative solutions, including captive insurance structures
- Acquisitions and divestitures
Your ability to attract and retain skilled workers is another area where we provide support. We work with you to customize an employee benefits program that helps you stand apart from the crowd but also lets you manage costs.
Whether doing business at home or abroad, count on our expertise and global network to protect your organization and lower your company’s overall cost of risk. We do the worrying so you don’t have to.
Case Study: Company Recovers Millions with Help from Cyber Claim Advocate
A robust cyber insurance policy can substantially reduce your potential losses from a cyberattack. Recovering everything to which you are entitled, however, requires the right partner.
Learn how one manufacturer recovered more than $3.2 million in losses after a ransomware attack—with the help of an experienced broker and a dedicated claim advocate.
Coverage Expertise
Our team has years of expertise that we apply to help your business get the right coverage.
Trusted Advisors
Hylant team members are ready to advise you and help you confidently address your needs.
What Our Clients Are Saying
I know we are not one of your biggest clients, but I feel that we are treated very special. Hylant is always willing to help and make great suggestions to help us save money on our insurances. I can always count on our Hylant client executive and am very appreciative of all his outstanding efforts. Thank you. I also want to give a shout-out to the Hylant service team. They also take outstanding care of us. We will continue to promote Hylant as one of our business partners because of your outstanding employees.
John Brannon
Chief Financial Officer, Kyocera Unimerco Tooling, Inc.
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Talk to an Industry Expert
Our experts will help you find the best manufacturers insurance, risk management and employee benefits options for your particular needs.