Metalworking and Precision Engineering
The metalworking and precision engineering sector is an integral part of the manufacturing chain for all kinds of products, from front door keys to the most advanced medical devices.
Our Metalworking and Precision Engineering proposition is tailored to address the unique needs of businesses within this sector and offers additional covers and risk management services for clients with premiums between £5,000 – £100,000.
As the world’s largest property and casualty insurer, we have proven technical excellence within underwriting, claims, risk control and engineering, which means we understand the requirements and pressures within the metalworking and precision engineering sector.
We will use our knowledge and experience and work with your insurance broker to address the risks that your company faces on a day-to-day basis through our tailored Metalworking and Precision Engineering proposition in order to give you peace of mind that you are covered.
Key features of Metalworking and Precision Engineering policy
In addition to the complimentary sector-specific cover extensions, risk management guidance and bespoke services available under our General Manufacturing proposition, our Metalworking and Precision Engineering proposition offers:
- complementary breakdown and accidental damage cover for all plant, machinery and computers (excluding production and processing equipment)
- further cover extensions to address the needs of this sub-sector, such as molten material breakout, non-ferrous metals, business interruption and a metalworking extension
- FREE sector specific risk management guidance via our Risk Director website, including access to our in-house metalworking and precision engineering experts in the fields of Underwriting, Claims, Risk Management and Engineering via our ‘Ask the Expert’ service.