Comprehensive Insurance Solutions for the Manufacturing Sector

Discover tailored insurance solutions for your manufacturing business at Konsileo, the leading chartered commercial insurance brokers. With our expertise in risk management and commitment to keeping you covered, we provide comprehensive coverage that protects your operations and supports your growth in this dynamic industry.

Protecting Your Manufacturing Business

The manufacturing sector encompasses a wide range of industries, from window and door manufacturers to electronics. Each sub-sector presents unique risks that require specific insurance coverage. At Konsileo, we offer a wide range of insurance solutions to protect your manufacturing operations, including:

  • Marine Cargo Insurance: Safeguarding your goods during transportation, whether by land, sea, or air.
  • Business Interruption Insurance: Providing financial protection in the event of unexpected disruptions that impact your manufacturing processes.
  • Machinery Damage Insurance: Covering the repair or replacement costs for machinery and equipment essential to your operations.

We understand the complexities of the manufacturing sector and the importance of comprehensive coverage. Our team of expert brokers will work closely with you to assess your specific risks and provide tailored insurance solutions that meet your unique needs.

Thriving in the Manufacturing Industry

The manufacturing sector is a vital contributor to the UK economy, with nearly 150 different sub-sectors and over 130,000 businesses. It is the 9th largest manufacturing nation globally and has been one of the fastest-growing sectors in the UK over the past five years.

Continued growth in the manufacturing sector is expected due to advancements in automation and technology. With 69% of total business research and development investment allocated to this sector, it is evident that innovation and progress will drive future success.

The manufacturing industry employs approximately 2.5 million people, accounting for 7.3% of total jobs in the UK. The workforce within the sector has experienced an average annual growth rate of 0.7%. In 2020, manufacturing generated £168 billion worth of output and accounted for around £350 billion in sales.

Motor vehicle and petrol production stand out as the highest revenue generators, with £32.8 billion, followed by pharmaceutical production with £13 billion. The sector’s productivity is 12% higher than the UK average, primarily due to the integration of machinery and the outsourcing of processes for cost efficiency.

It is important to consider the impact of Brexit on the manufacturing industry, which has resulted in higher supply costs and potential long-term effects. Additionally, the COVID-19 pandemic has introduced additional uncertainties.

Partner with Konsileo for Comprehensive Insurance Solutions

When it comes to insuring your manufacturing business, rely on the expertise of Konsileo. As independent brokers, we offer transparent risk management, professional insurance services, and customized solutions tailored to your industry.

Experience our user-friendly insurance platform and dashboard, designed to streamline insurance management, provide access to crucial information, and offer valuable insights to support your risk management strategies.

Join us at Konsileo and benefit from our competitive insurance quotes, industry insights, and bespoke insurance solutions that keep your manufacturing business protected and thriving.

We insure a great deal of industries.

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