Industrial Machinery

Industrial Machinery

Precision, performance and production efficiency drive the industrial machinery sector. However, equipment failures, supply chain disruptions and workplace safety risks make proactive risk management essential for long-term success.

Overview

The industrial machinery sector is a key enabler of manufacturing, construction and infrastructure development. With increasing automation, IoT integration and smart manufacturing, companies must navigate evolving risks such as equipment breakdowns, cybersecurity threats and regulatory compliance challenges.

Supply chain disruptions and fluctuating raw material costs can significantly impact production timelines and profitability. Additionally, machinery manufacturers and operators face liability risks from defective equipment, workplace accidents and unexpected operational failures. Tailored insurance solutions help businesses mitigate financial losses, ensure worker safety and maintain uninterrupted operations.

FAQs

  • Equipment Failures & Downtime: Unexpected breakdowns affecting production efficiency
  • Supply Chain Disruptions: Delays in raw material procurement and component shortages
  • Cybersecurity Threats: Risks from IoT-enabled machinery and automation systems
  • Product Liability & Recalls: Defective machinery leading to operational failures and legal claims
  • Workplace Safety & Compliance Risks: Accidents and regulatory challenges in high-risk environments

  • Product Liability & Recall Insurance : Covers financial losses from defective or malfunctioning machinery
  • Business Interruption & Supply Chain Insurance : Protects against production stoppages due to equipment failure or supply chain issues
  • Cyber Risk Insurance : Mitigates risks from cyberattacks on automated and IoT-connected machinery
  • Workers’ Compensation Insurance : Provides financial support for employees injured in manufacturing or operational sites
  • Risk Consulting : Helps businesses assess operational risks and implement proactive risk management strategies

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DISCLOSURE

EDME INSURANCE BROKERS LTD. (FORMERLY KNOWN AS ADITYA BIRLA INSURANCE BROKERS LTD.)

Registered Office: 2nd Floor, Privillion, East Wing, Sarkhej - Gandhinagar Highway, Vikram Nagar, Bodakdev, Ahmedabad, Gujarat 380054. IRDAI License Number: 146 | Composite Broker | License Valid till: 9th April, 2027 | CIN: U99999GJ2001PLC062239 Corporate Office: VIOS Tower, 6th floor, Off Eastern Express Highway, Sewri - Chembur Rd, Mumbai – 400037 Telephone: 1800 120 2510 | Website: www.edmeinsurance.com In case of any queries/complaints/grievances, please write to us at clientfeedback@edmeinsurance.com.