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Product recalls surge across key industries in 2024, with over 580 million units affected through September alone, Sedgwick’s quarterly analysis reveals.
An increasingly productive economy means more trade and demands more exacting logistics risk management.
As demand amps up, manufacturing companies have their hands full integrating new technologies and finding the next generation of talent.
Legal questions arise over who will be held responsible if a robot causes harm to people or property.
Robot co-workers may bridge talent shortfalls and improve productivity, but only if manufacturers anticipate the risks.
With more jobs utilizing technology advancements, manufacturing turns to cobots to help ease talent gaps.
Cobots, tariffs and extreme weather are just a few examples. See our map of the top current exposures plotted by frequency and impact.
Marrying property and cyber coverage seamlessly is an area of increased focus for risk managers and underwriters.
American manufacturing is facing a worsening skills shortage and an apprentice program could help solve some of the long-term issues.
The absence of international compatibility standards in automation is just one risk to consider in this new era of manufacturing.
In this coverage spotlight, an equipment breakdown underwriter sat down with R&I to discuss the ins and outs of covered losses due to mechanical or electrical breakdown.
Climate change is having a radical impact on grape growing and winemaking.
Contingent business interruption claims from Hurricane Irma could take years to resolve.
With diligent prep work and high emotional intelligence, Kevin Moss cut Michelin’s outstanding reserves nearly in half.
Steve Richards masterfully recalibrated Coca-Cola’s workers’ comp program when the company rapidly added 25 locations and thousands of new employees.
Daimler Trucks North America’s Dan Holden advocated for a disaster recovery system that is now being implemented internationally.
Underwriters now use the Internet of Things to help determine whether their agriculture and supermarket clients have adequate processes in place.
Collaborative robots, known as cobots, are rapidly expanding in the workforce due to their versatility. But they bring with them liability concerns.
Supply chain, property and data are at risk for manufacturers in the event of a cyber attack.
Experts say more than two million manufacturing jobs will go unfilled in the next 10 years.
Effective loss control means creating a culture where expectations around safety and accountability for it are clear.