ORBA

Manufacturers have to manage a variety of risks, including equipment breakdowns, supply chain disruptions, regulatory changes, product liability and others. Plus, as manufacturers increasingly adopt the Internet of Things, artificial intelligence and other cutting-edge technologies, they are exposed to new risks, such as cybersecurity risks. Commercial insurance policies can be costly and may not cover all the novel risks manufacturers face today. One potential solution for reducing costs and filling coverage gaps is group captive insurance.

Group Captives Can Reduce Insurance Costs for Manufacturers Manufacturers have to manage a variety of risks, including equipment breakdowns, supply chain disruptions, regulatory changes, product liability and