We provide insurance for all types of automotive component manufacturers, including engine components, transmission parts, brake systems, electrical components, interior/exterior parts, safety systems, and aftermarket suppliers. Coverage is available for tier 1, tier 2, and tier 3 suppliers.

Product liability limits typically range from £1M to £50M+ depending on your component type, customer requirements, and market exposure. Safety-critical components often require higher limits. We'll assess your specific needs based on your products and contracts.

Yes, our product liability coverage includes worldwide territorial limits for components exported internationally. We can also arrange coverage for overseas manufacturing facilities, joint ventures, and distribution agreements.

Our product liability coverage includes recall expenses, investigation costs, and third-party claims arising from defective components. We work with specialist recall consultants to minimize costs and manage the process effectively.

Absolutely. Modern manufacturing relies heavily on connected systems, CAD/CAM software, and customer data exchange. Cyber attacks can shut down production lines, steal intellectual property, and compromise customer information. Coverage is essential.

For standard manufacturing operations, we can often provide quotes within 24-48 hours and arrange coverage within a week. Complex operations or high-risk exposures may require additional underwriting time.

We'll need details about your manufacturing processes, annual turnover, product types, customer base, quality certifications, claims history, and current insurance arrangements. A site visit may be required for larger operations.

Yes, our professional indemnity coverage includes design and development activities, prototype testing, and pre-production services. We understand the unique risks of R&D operations in automotive component development.

We provide specialized coverage for contract manufacturers, including protection for customer-owned tooling, materials, and intellectual property. Coverage can be tailored to your specific contractual obligations and liability exposures.

Business interruption coverage compensates for lost revenue and ongoing expenses when production is halted due to insured events. This includes coverage for supply chain disruption, customer penalty clauses, and additional costs to minimize the interruption period.

Yes, manufacturers with strong safety records, quality certifications (ISO/TS 16949), and robust risk management systems often qualify for premium discounts. We reward proactive risk management and continuous improvement initiatives.

Standard exclusions typically include wear and tear, design defects (unless PI coverage is included), war and terrorism, nuclear risks, and pollution (unless specifically covered). We'll explain all exclusions and available extensions during the quotation process.

Yes, we provide access to risk management consultants who specialize in manufacturing operations. Services include safety audits, quality system reviews, supply chain risk assessments, and loss prevention recommendations.

Our 24/7 claims service ensures rapid response to incidents. We assign specialist adjusters familiar with manufacturing operations and work to minimize business disruption while ensuring fair and prompt settlement of valid claims.

Environmental liability coverage can be included to protect against pollution incidents, contamination cleanup costs, and regulatory fines. This is particularly important for manufacturers using chemicals, coatings, or other potentially hazardous materials.

Yes, we have specialist expertise in EV component manufacturing risks, including battery systems, charging components, power electronics, and software integration. Coverage addresses the unique risks of this rapidly evolving sector.

We recommend annual policy reviews to ensure coverage keeps pace with business growth, new products, changing regulations, and evolving risks. Major changes like new facilities, acquisitions, or product launches should trigger immediate reviews.

Automotive component manufacturing has unique characteristics: strict quality requirements, just-in-time delivery pressures, long product lifecycles, safety-critical applications, and complex supply chains. Standard manufacturing insurance often doesn't address these specialized risks adequately.

Yes, we provide coverage for both original equipment manufacturers and aftermarket suppliers. Each market has different risk profiles and requirements, which we address through tailored coverage solutions.

We stay ahead of emerging technologies and provide coverage for manufacturers of autonomous vehicle components, including sensors, software, and control systems. This includes product liability and professional indemnity for these cutting-edge technologies.

We can arrange comprehensive coverage for multi-site operations under a single master policy, providing consistent coverage terms while addressing site-specific risks. This approach often provides cost efficiencies and simplified administration.

Our claims support includes immediate incident response, specialist loss adjusters, technical experts, legal support where needed, and regular communication throughout the claims process. We aim to minimize disruption and expedite resolution.

Insurance costs vary significantly based on component type, annual turnover, and risk exposure. Small manufacturers may pay £2,000-£5,000 annually, while large tier 1 suppliers can pay £50,000+ for comprehensive coverage including high product liability limits and worldwide protection.

Engine components are safety-critical parts requiring specialized coverage with higher product liability limits. Standard manufacturing insurance may not provide adequate protection for engine-related recalls or failures. We recommend dedicated automotive component coverage with engine-specific endorsements.

Brake system manufacturers face the highest product liability risks in automotive manufacturing. Coverage must include recall expenses, third-party injury claims, and regulatory defense costs. Minimum coverage typically starts at £10M with many requiring £25M+ limits for OEM contracts.

Electrical component manufacturers need product liability for system failures, cyber insurance for connected components, and professional indemnity for software/firmware development. Coverage should address electromagnetic interference, fire risks, and autonomous vehicle integration issues.

Yes, safety-critical components like airbags, braking systems, and steering components require enhanced coverage with higher limits, stricter underwriting, and specialized recall protection. Insurers assess manufacturing quality systems, testing protocols, and regulatory compliance more rigorously.

Transmission manufacturers need comprehensive product liability for mechanical failures, business interruption for production delays, and professional indemnity for design services. Coverage should include warranty claims, customer penalty costs, and supply chain disruption protection.

Product liability premiums range from 0.1% to 2% of annual turnover depending on component risk level. Safety-critical parts command higher rates, while interior trim components are typically lower risk. Factors include claims history, quality certifications, and customer base.

Aftermarket manufacturers often face different risks including counterfeit concerns, varied quality standards, and diverse distribution channels. Insurance should address these unique exposures while providing competitive coverage for non-OEM market requirements.

Plastic component manufacturers need coverage for material defects, environmental liability from chemical processes, fire risks from manufacturing, and product liability for component failures. Coverage should include mold/tooling protection and contamination risks.

ISO/TS 16949 certification typically reduces insurance premiums by 10-25% as it demonstrates robust quality management systems. Insurers view certified manufacturers as lower risk due to systematic defect prevention and continuous improvement processes.

Metal stamping operations need coverage for press equipment, tooling and dies, employee injury from heavy machinery, and product liability for dimensional defects. Business interruption coverage is crucial due to high fixed costs and customer delivery requirements.

Yes, exporters need worldwide product liability coverage, marine cargo insurance for shipments, and foreign regulatory compliance protection. Coverage should address different legal systems, currency fluctuations, and international recall coordination.

Professional indemnity insurance covers testing errors, validation mistakes, and certification issues. Coverage includes costs of re-testing, customer delays, and liability for incorrect test results that lead to product failures or recalls.

Joint ventures require careful coordination of insurance coverage between partners. Policies must address shared liabilities, intellectual property protection, and operational control issues. Master policies can provide consistent coverage across all venture participants.

Fastener manufacturers need product liability for mechanical failures, recall coverage for safety-critical applications, and business interruption for high-volume production. Coverage should address material defects, coating failures, and dimensional tolerance issues.

D&O insurance is essential for incorporated manufacturers, protecting directors from personal liability in product recall situations, regulatory investigations, and shareholder claims. Coverage is particularly important for publicly traded component suppliers.

Supply chain disruption coverage extends business interruption insurance to include supplier failures, raw material shortages, and logistics interruptions. This is crucial for just-in-time manufacturing environments where delays have immediate financial impact.

R&D activities require professional indemnity for design errors, intellectual property insurance for patent disputes, and product liability for prototype testing. Coverage should address the unique risks of developing next-generation automotive technologies.

Bearing manufacturers need comprehensive product liability for mechanical failures, precision equipment coverage for manufacturing machinery, and business interruption for production delays. Coverage should address lubrication failures, material defects, and precision tolerance issues.

EPLI protects against wrongful termination, discrimination, and harassment claims from employees. This is increasingly important for manufacturers facing skilled labor shortages and diverse workforce management challenges in the automotive industry.

Extended warranty insurance can cover manufacturer warranty obligations beyond standard policy periods. This is particularly valuable for components with long service lives or when customer contracts require extended warranty periods.

Welsh manufacturers benefit from local expertise understanding regional business conditions, Welsh government incentives, and proximity to major automotive plants. Coverage addresses specific risks like weather-related disruptions and transport logistics in Wales.