Manufacturers often spend a lot of money on insurance. That makes sense in a sector with such a wide variety of risks. Working with an agency with deep knowledge of the industry and a commitment to learning about your specific business makes sure your insurance budget provides the protection you expect and need.
The Midwest Insurance Group (MIG) manufacturing niche-market program offers competitive pricing and best-in-class coverage offerings for the following manufacturing areas:
- Food and beverage
- Metal and Steel
- Wood and furniture
- Equipment and machinery
- Paper and printing
Founded on Service, Built on Trust.
We also top tier insurance solutions available for even the toughest and most specialized classes of manufacturing. Our outstanding agents and agency staff work with the manufacturing industry on a daily basis to make sure that each operation is underwritten on its own merits.
Insuring Manufacturing Processes
Many risks in manufacturing obviously come from the process of making products. Your equipment, material and stock are probably all insured. However you may also want consequential loss policies in place. More than a typical business continuation policy, consequential loss for manufacturing might cover secondary, financial losses for equipment breakdowns, bad material lots and so on.
In some cases, production could come through good enough to sell just not with your name on it. MIG offers brands and labels coverage to protect your reputation while still recovering as much from your losses as possible.
Covering Complex Risks
Some of the most complicated risks in manufacturing involve parties outside of your own company. We have you covered no matter how complex the issues involved become.
On the organizational side, we offer third-party employees practices liability insurance to cover claims of discriminatory or otherwise actionable behavior coming from outside your team. On the manufacturing side, we have coverage for losing, damaging a pattern, die or mold owned by someone else. These are just some of the risks we can identify, cover and help you reduce potential losses.
Securing Your Future
MIG is the insurance equivalent of a job shop. When you walk in our door, there’s no predetermined assembly line to put you through. We identify the needs of your business based on your manufacturing sector and your concerns. We then use the best options for the job, getting you solutions that work on a schedule that works for you. Here are some of the coverages and tools that we offer include:
- Selling price valuation on stock
- Patterns, dies and molds including patterns, dies and molds of others in your care
- Product recall, including suspected defect
- Consequential loss assumption coverage
- Brands and labels
- Deferred payments
- Contractual liability
- Electronic OSHA log
- Manufacturers errors and omissions from regional, national and specialty carriers
- Employment practices liability, including third-party coverage
- Cyber Liability
- Carriers that accept all lines of manufacturing coverages
- Multiple AM Best A rated insurance carriers.
When you come to MIG, you’ll see that we have a better way of doing business. Our approach is simple: Founded on Service, Built on Trust
Please feel free to give us a call at 262-646-5777
How May We Help You?
“We are happy with the competitive rates and excellent service we receive from Midwest Insurance Group. Jeremy has helped us manage our insurance needs and costs from start to finish and we have a great relationship with everyone at their Delafield location.”
Vector Electrical Contractors, Inc. |
“Midwest Insurance was one of the few insurance companies that was willing to work with us to provide a solution for our small business medical insurance needs. As we have grown, Midwest has continued to provide additional business insurance solutions and services for our needs. They are honest, easy to talk to, and there when you need them.”
CNC Solutions |
“Brandon Knedler is our insurance expert, an invaluable resource in understanding our industry and insurance needs and explaining all aspects of the insurance coverages necessary to keep our business covered. Midwest Insurance was there for us when we needed them, even on the weekend when disaster struck. We survived a fire and are now thriving because we had the coverages we needed. Total Auto Body is still relying on Midwest Insurance, knowing that we have it covered no matter what.”
Total Auto Body |
“I am a very satisfied customer of Midwest Insurance. They have offered me a wide variety of coverage for my Business. My agent has been outstanding to work with. His understanding of the Insurance industry and attention to details required for the needs of my shop has been a great relief. To know that my business is covered and the price is affordable make me a very satisfied customer.”