Insurance Agents & Executives | Insurance Management Company
Plastics
Our region is home to some of the oldest and leading centers of excellence for plastic/composite goods manufacturing. Insurance Management Company (IMC) has long been steeped in the insurance and risk management needs of the plastics industry involving a variety of businesses that make products such as: consumer goods, medical products, pipe manufacturing, carbon fiber vests, 3D printing, automobile components, and on and on.
Plastics Good Manufacturers have unique risks...the key is identifying them.
A key exposure to plastic goods manufacturers that is often overlooked is liability for economic losses caused by defective products. Most general liability policies only respond when Bodily Injury (BI) and Property Damage (PD) is caused by your product. What if a manufacturing or design error in your product does not result in BI or PD but causes a financial loss to others? This can be a significant exposure and one for which we are often able to present a solution...
Using our distinctive "Deep Dive" systematic team approach, we will take the time to understand the risks and exposures that are unique to your business...then, using our depth of experience and global knowledge, we will help you evaluate thoughtful solutions for the ever-evolving complex risks and emerging liabilities associated with being in the Plastic Goods manufacturing business. We can help you identify:
What can go wrong?
How likely is it?
How bad can it be?
What can be done?
