While Workers' Comp, Product Recall and Supply Chain Management remain the greatest coverage concerns for manufacturers, Cyber Liability is also becoming a top-of-mind issue, producers say.
"For many manufacturers, Cyber risks are becoming a top area of concern," says Thomas Srail, senior vice president of Willis' FINEX North America Cyber and E&O Team.
"Many traditional manufacturing firms are analyzing Cyber risk, with more and more looking to [obtain appropriate coverage] to help mitigate the financial impact," Srail says.
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