Sometimes the most common causes of significant financial lossesfor manufacturing companies also are the most overlooked risks.

From an operational risk standpoint, many risk managers andbusiness owners tend to focus more on external and naturalcatastrophe perils such as fire, flood, windstorm and earthquakes.They often ignore exposures to manmade accidents that also cancause millions of dollars in repair and replacement costs as wellas lost income.

The following are four key asset protection strategies that canhelp industrial companies mitigate financial risks associated withequipment breakdown, inaccurate valuation, lawand ordinance costs and flood zone change.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.