Manufacturer's E&O

Manufacturers face unique risks long before a product ever reaches the customer.
Errors and omissions claims commonly stem from product design oversights, faulty specifications, incorrect assembly instructions, component failures, or breakdowns in the supply chain. To help mitigate these exposures, we offer Manufacturer’s E&O coverage tailored to a wide range of manufacturing operations across numerous industries. Think of it as protection for the many businesses involved in creating, assembling, and delivering finished goods: precision parts manufacturers, industrial equipment builders, consumer product makers, contract manufacturers, component suppliers, and more. All are vulnerable to costly allegations tied to product performance, financial loss, and unmet expectations.

Business Risk Partners offers comprehensive, competitive coverage for small to middle market manufacturers. With our customized Manufacturer’s E&O form, it’s easy for us to meet specific operational and industry needs. Your clients can move forward with confidence knowing their coverage is backed by the financial strength of our A rated partner.

Coverages and highlights

Package product with:
   • Professional Liability (E&O)
   • Pollution Liability
   • Product Recall (Sub-limited)
   • Media Liability
   • Deductibles: as low as $5,000
   • Can consider Defense Outside Limits and capped at $1M

Limits: up to $5M
Minimum Premium: $5,000

Professional Liability (E&O)

• Third-party Financial Loss to customers due to flawed design, faulty manufacturing, inaccurate instructions, improper installation, inadequate training, etc.
• Includes Insuring Agreement for Breach of Contract
• Broad definition of Professional Services
• Broad definition of Wrongful Act
  

Product Recall

• Includes both first-party and third-party triggers
• Includes pre-claim costs, defense expenses, crisis costs and actual damages
• First-party Business Interruption loss and Extra Expenses
• Broad definitions of “your product,” recall expenses, and recall event
• Sub-limited

Pollution Liability

• Third-party Bodily Injury, Property Damage and Financial Loss
• Insuring agreements include Site Pollution, Non- Owned Disposal Site and Transportation Pollution
• Includes coverage for first-party Business Interruption loss and Extra Expense

Media Liability

• Strong Media Liability with a host of intellectual property triggers

Special extensions included

• E&O includes Breach of Contract insuring agreement −
• Pollution includes Site, Transportation Pollution Liability and Non-Owned Disposal Site
• Media Liability includes a host of intellectual property triggers
• Product Recall, though sub-limited, is very broad

The combined form will be targeted towards component part manufacturers servicing but not limited to the following industries:

• Automotive components (non-safety)
• Aviation/aerospace components
• General manufacturing & industrial components
• Medical device components
• Metal components
• Plastic & rubber components
• Textile components