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Property risk management

Marsh helps manufacturers manage property and BI risks, reduce business interruption, and build resilient operations for faster recovery across sites.

Property risk comes in many different forms. Marsh specialists can help manufacturers manage exposures and optimize their property insurance.

The manufacturing industry relies on considerable property assets, including plants, equipment, logistical facilities, and advanced technology. These assets face a wide range of risks, including cyber threats, fire, natural disasters, and supply chain disruptions. As manufacturers innovate to meet growing global demand, the scale and speed of these risks continue to grow, making effective risk management more important than ever.

Business interruption (BI) triggered by a loss of an asset can lead to significant financial losses and operational setbacks. What separates industry leaders is their proactive approach to minimizing exposures, building long-term resilience, and recovering quickly from mishaps.

Marsh’s property risk advisors help manufacturers like you elevate your risk management strategies. We provide a holistic, end-to-end view of property and BI risks, helping you gain broad visibility across your complex risk landscape. By embedding collaborative risk management practices, we can help you reduce your overall cost of risk and enhance operational resilience

With our specialists’ knowledgeable support, you will be in a better position to confidently navigate today’s risk environment, promoting business continuity, and securing a competitive advantage.

>US$5

billion in premiums placed on the global insurance market on behalf of our manufacturing clients

100%

of the top 10 manufacturers in the US are supported by Marsh

~ 90%

of Fortune 500 manufacturers are supported by Marsh

FAQs

Manufacturers today face a wide array of property risks that can significantly impact their operations and finances. Traditional threats, such as natural catastrophes, environmental hazards, and changing regulatory requirements, remain critical concerns. These are often accompanied by challenges related to the physical protection of facilities and unique operational risks, such as an inadequate water supply or a change in materials — such as increased plastic use — that can raise the fire load within a building.

Beyond these traditional risks, one third of manufacturers are highly concerned about cyber risks affecting their operations and leading to disruptions in the next 12 months. Another 39% express moderate concern. 

Thorough property risk management involves carrying out a detailed risk assessment of the building and processes to identify all potential risks and existing safeguards. Assessments generally includes a prioritized list of recommended updates to effectively mitigate these risks and enhance the facility’s safety.

A strong property risk management strategy begins with gaining clear visibility into your exposures and prioritizing risks accordingly. It helps you identify the risks you want to reduce/retain and those you want to transfer to an insurer. Once you understand your risk profile, it’s important to review the effectiveness of your current program.

The next steps involve designing an insurance program structure, including deductibles and limits, that aligns with your risk management strategy and risk appetite. The program may include innovative risk transfer solutions to replace or supplement traditional insurance. It is vital to read the terms and conditions of your insurance policies and to understand, among other things, whether any specific risks are excluded or if there are margin clauses that might limit payment in the event of a loss.

Working with a knowledgeable insurance broker and risk advisor can help you choose solutions that align with your strategy to mitigate, transfer, and manage property risks.

Why Marsh

Marsh’s property risk advisors help you understand and manage property risks. We take a comprehensive view of your full spectrum of property and business interruption risks, helping you build a strong foundation to drive down your total cost of risk and improve resilience. In addition, we stay informed on broader industry trends and best practices, helping your coverage and risk management stay agile and relevant.

With Marsh’s support, you are not merely purchasing property insurance — you’re managing your risk and developing a collaborative risk management strategy that provides peace of mind and a competitive advantage.

Contact us

Ready to strengthen your property risk strategy?

Contact us to discuss how our specialists can help you identify exposures, improve resilience, and protect business continuity.

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