Electronics Manufacturing Insurance
Protect your assets with electronics manufacturing insurance
In today’s electronics manufacturing landscape, unexpected disruptions can wreak havoc on your operations and bottom line. Critical component shortages, workplace injuries or natural disasters could halt production. The impact can be devastating to your business.
Taking a proactive approach to insurance strategy and risk management can help minimize the impact of workplace injuries and property damage and ensure appropriate responses to third-party claims. An insurance partner like Travelers can help you reduce production downtime and safeguard your bottom line. If your business has a global footprint, Travelers’ expertise can help you navigate the intricacies of global insurance and help you protect your operations around the world.
Who is electronics manufacturing insurance right for?
The electronics manufacturing industry is a complex ecosystem made up of companies that include semiconductor manufacturers, electronics components manufacturers and distributors, and more.
Semiconductor manufacturers
Semiconductor manufacturers, responsible for designing the smallest, most intricate components, face substantial risks from geopolitical tensions, weather disruptions and cyber threats. These challenges can disrupt the entire global semiconductor supply chain, threatening production and innovation worldwide.
Electronic component manufacturers
Electronics manufacturers navigate growing complexities in transforming raw materials into devices, components and finished products. Their risk exposures span from product failures and defects to injuries and property damage, creating significant challenges in the production process.
Distributors
Distributors, focused on moving products and components from the factory floor to the customer, face risks from disruptions like manufacturing delays and product quality issues. These challenges can lead to late shipments and dissatisfied customers, affecting overall business operations and reputation.
Electronics manufacturing insurance products we offer
Our electronics manufacturing insurance products and services, including workers compensation, products liability, risk control and risk management, are designed to meet the changing needs of the electronics manufacturing industry.
Our experienced underwriters understand the emerging and complex risks unique to the electronics manufacturing industry. With decades of risk and insurance experience, Travelers can help you design an insurance solution that’s right for your business. That way, you can stay focused on your business with confidence.
Our portfolio of insurance offerings for electronics manufacturers includes:
- Cyber insurance - Travelers CyberRisk Tech insurance provides important coverage for electronics manufacturing businesses to help protect them from errors and omissions or cyber claims through a variety of coverage options.
- Global insurance - Travelers Global CompanionSM Plus+ insurance helps protect electronics manufacturers with global exposures. Backed by Travelers’ expertise, it is designed to meet a wide range of international insurance needs in over 150 countries worldwide.
- General liability - Protects your business from covered defense costs and damages in the event someone makes a claim against it for bodily injury or property damage.
- Commercial property - When a covered loss causes a disruption in operations or even temporarily shuts down your business, Travelers’ commercial property insurance can help cover the costs to get your business back up and running.
- Workers compensation - Empowers electronics manufacturers with a host of proprietary services to support positive outcomes for employers and employees after a work-related injury or disease.
- Commercial auto - Whether you have employees driving occasionally to an off-site meeting or a fleet of drivers delivering products to customers every day, Travelers can help protect your business on the road.
- Umbrella - Delivers extra protection for electronics manufacturers when significant claims exceed the limits of their existing liability coverage.
Your Travelers representative can help you choose a coverage solution based on your company’s unique risk profile.
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