Manufacturing Insurance
Lining up the coverage to reduce your risk.
Acera Insurance has been proudly serving the manufacturing industry for decades. Our experienced team of dedicated advisors have built a reputation as trusted long-term partners to manufacturers with operations across Canada and worldwide.
We assemble solutions that matter to manufacturers.
We understand every manufacturer faces unique risks based on their specific operations and business landscape. Backed by leading Canadian and global insurers, our advisors design custom insurance and risk management solutions to protect your operations and support your growth.
Most common risks
Workplace safety
Equipment breakdown
Hot work
Cyberattacks
Defective products and product recall
Theft
Business interruption due to a claim or evacuation
Natural disasters such as wildfire, flooding, and storms
Lack of cash flow due to customer non-payment
Allegations against directors and officers of the company
Our diverse experience.
We take pride in our depth of specialized industry expertise in manufacturing. Our advisors keep you updated and informed on the insurance market and trends in the local and global landscape that affect your manufacturing business. Our advisors bring decades of experience supporting manufacturing businesses in:
Aerospace & Defence
Transportation Equipment
Biopharmaceutical, Pharmaceuticals & Medical Devices
Chemicals
Food & Beverage
Heavy Machinery
Plastics
Primary Metals & Metal Fabrication
Shipbuilding & Industrial Marine
Textiles
Wood Products
Installation
Industry expertise by association.
With active memberships in manufacturing associations throughout Canada, we stay informed on the latest industry topics and trends.
The essential coverage your industry needs.
Commercial Property
This coverage protects your company’s physical assets against damage from fire, theft, vandalism and many other hazards. Protected property includes buildings, machinery, inventory and more.
Commercial General Liability
This can help cover property damage, injuries and potential legal expenses resulting from negligent acts by yourself or an employee on your company’s premises and as a result of your normal course of operations.
Manufacturers Errors & Omissions
This covers financial losses suffered by a third-party due to a manufacturing error or a faulty product design. This is not covered by most commercial general liability policies.
Business Interruption
This provides coverage for lost revenue and expenses incurred when unforeseen circumstances force a full or partial shutdown of operations. Expanded options include supply chain interruptions, loss of key personnel, cyber breaches and more.
Product Recall
Regardless of fault, this insurance will cover expenses such as media and recall announcements, overtime payroll and temporary staffing, crisis management and more.
Equipment Breakdown
This fills a common gap in commercial property policies by helping to cover the cost of repairs or replacement if your machinery or equipment stops working.
Cyber Liability
This helps you respond and recover in the aftermath of a cyberattack. It provides coverage for data recovery, customer notification, lost income and ongoing expenses during downtime, crisis management and more.
Trade Credit
Also known as accounts receivables insurance, this protects you against cash flow disruptions when customers default on payment.
Directors & Officers
This protects individuals who are personally sued for wrongdoing in their capacity as directors or officers of an organization, covering defence costs and any judgments that may result.
Environmental Impairment Liability
Also known as pollution liability, this covers legal expenses, remediation and cleanup costs if you are responsible for pollution or contamination.
Crime
This protects your business for financial losses resulting from crime committed against you by your own employees, including theft and fraud.
Speak to a specialist.
Get in touch with a dedicated advisor on our manufacturing insurance team and we’ll get to work building the perfect coverage program for you.
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