Manufacturing Industry
You need a partner that can help you mitigate manufacturing risks and build your workforce with benefits that protect your margins and your people.
Building a Resilient Workforce in the Manufacturing Industry
Manufacturing companies face complex, evolving risks, from supply chain disruption and equipment breakdown to product recalls and workforce safety. Every day, you balance cost pressures, skilled labor shortages and compliance demands, all while keeping your operations moving. We partner with manufacturers to build integrated employee benefits, disability, executive retention and risk management solutions that help you stay competitive and protect your people, from the production floor to the C-suite.
We work with your manufacturing organization to find solutions that meet your workforce’s and your business’s needs, including:
Medical and Rx Transparency Solutions
Identify hidden costs in medical plans and pharmacy spend to reinvest in workforce programs.
Workforce Safety and Disability Benefits
Accident and disability plans tailored to physically demanding manufacturing work.
Executive and Succession Benefits
Retain skilled leaders, supervisors and hard-to-replace technical experts.
Human Capital Strategy
Onboarding support, skills training and workforce planning for retention.
Wellbeing and Mental Health
Programs to reduce fatigue, repetitive strain and burnout in shift-based roles.
Retirement and Financial Wellness
401(k) education, debt management and financial literacy for multi-shift teams.
The Problem
A solar-panel manufacturer and installer for commercial and residential customers that started in Ontario, Canada, was expanding to northern Minnesota and needed help with HR issues and employee benefits. Their plans had not been marketed or revised since inception and they had a lot of claims that were being denied as out-of-network, which was frustrating management and employees.
The NFP Solution
We worked with the client to offer opportunities to improve their current plans with more suitable carriers and networks. The team provided the client with the support they needed to be able to move forward with expansion into Minnesota, knowing they had benefits and HR support in place.
Protect your manufacturing business with tailored benefits and risk management.
Connect with an NFP specialist today.
Mitigating Risks with Manufacturing Insurance Solutions
Manufacturers face significant risks across supply chains, production processes, employee safety, intellectual property and cyber vulnerabilities.
NFP’s advisors deliver customized property, casualty, liability, cyber and environmental solutions designed specifically for the manufacturing sector.
From factory floor to final product, we help manufacturers manage operational risks, protect assets and maintain supply chain integrity with solutions including:
Product Liability Coverage
Defense against claims tied to defective products causing bodily injury or property damage.
Supply Chain and Contingent Business Interruption Insurance
Financial protection against delays or disruptions caused by suppliers.
Cyber Liability
Protection against cyberattacks targeting industrial control systems and proprietary designs.
Workers' Compensation Programs
Specialized programs for plant workers, machinists and logistics staff.
Environmental Liability
Protection against pollution events from manufacturing operations.
Equipment Breakdown Insurance
Coverage for critical manufacturing machinery failures.
The Problem
A mining manufacturer with global operations was unsatisfied with a lack of personal support from their previous broker and was spending hours on contract review, which was time-consuming and inefficient. This task was taking away valuable time that could have been spent on other critical business activities.
The NFP Solution
We took on the contract review for the client, saving them invaluable time and effort. This provided the client with more confidence in running their business and making decisions, as they knew what they were covered for. The team also offered solutions that translated their business to the market effectively and saved the client in premium cost.
“We help manufacturers build a stronger foundation for people and operations. From small shops to global plants, we design benefits strategies that protect your workforce, contain healthcare costs and strengthen retention, and risk management strategies that deliver.”
Allison Pickhardt
Senior Vice President, Benefits
Our Expertise in Action
See how our experts are implementing solutions for today's risk, workforce, wealth management and retirement challenges.
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We’re here for you, whether you know exactly what you need or just know you need a partner to help advocate for your business, your people or your life.
