Production and manufacturing risk management

Is your business really protected from what you cannot control?

If you run a business, you know this well: even with the utmost care and thoroughness, it is not possible to completely avoid unforeseen events.

Negative events can strike suddenly, jeopardizing not only the financial stability of the company, but also its ability to continue producing.

That is why the real solution is not to hope that nothing will happen, but to prepare as best as possible to limit the damage when something goes wrong. Those who do so protect not only the budget, but also the continuity of production, jobs and personal assets of the directors.

What risks does every manufacturing company face?

Every productive reality is exposed to multiple hazards, including:
Damage to property and machinery, caused by fire, flood, theft, or unexpected failure
Risks to employees and visitors, with possible legal and reputational consequences
Supply chain problems, such as delays or interruptions in delivery of goods
Liability to end customers, if a product causes damage to third parties or is non-compliant

Do you know how much a prolonged business interruption really costs you?

Every business owner or administrator is familiar with the inumbers of his or her company, but when asked “how much does an interruption caused by fire, flood, or machinery failure cost you on a daily basis?” uncertainty, confusion, and underestimation of risk in the face of events that can bring even the most solid companies to their knees often emerge.

In case of fire, disaster or toxic release, have you calculated the economic impact on the budget of having to keep the plant down for weeks?

Your strategic supplier’s production plant is down and deliveries are interrupted: can you estimate the financial damage from prolonged supply chain interruption?

In the event of death at work, is the maximum amount of your company policies enough to cover life claims to workers’ children?

How Can I Help You?

Risk management consulting
  • A comprehensive 360-degree analysis of risks that can:
    • interrupt business continuity;
    • compromise company liquidity;
    • affect the personal assets of administrators.
  • Assessment of the probability of harmful events occurring.
  • Calculation of the economic impact on the company’s balance sheet.
  • Indication of necessary actions to prevent, reduce, control, and monitor the most significant risks.
Risk assessment at your company
  • Technical inspection in company areas with greater risk exposure: fires, floods, earthquakes, machinery breakdowns, production or supply interruptions, environmental pollution, occupational diseases, and serious workplace accidents.
  • Detailed report, accompanied by photographic documentation, highlighting risks potentially devastating to business continuity.
  • Analysis of regulatory issues: list of possible sanctions, fines, suspensions, or revocations of authorizations in case of non-compliance with current regulations.
  • Assessment of personal liabilities of administrators in civil and criminal matters for violations related to health and safety at work, defective product liability, pollution of production areas and third parties.
Insurance policy management
  • Opening tenders with local and international insurance companies to obtain the best market conditions.
  • Identifying the most suitable insurance solution to protect company assets, workers, and the personal assets of executives.
  • Constant risk monitoring and updates on regulations that may expose the company and administrators to economic losses and legal liabilities.
Claims settlement assistance
  • In-depth analysis of claim documentation and active insurance coverage.
  • Involvement of lawyers and technical consultants, if necessary, to protect your right to compensation.
  • Negotiation with experts and adjusters appointed by the insurance company.
  • Complete management of the case until the positive closure of the claim.
  • Support in resolving potential legal disputes.

Insights