We've revamped our mid-market
Our mid-market manufacturing product has
been refreshed. We've added a £1m public liability clean-up cost cover as
standard, up to £10,000 for re-calibration of damaged production equipment and
protection against the fluctuating cost of raw materials.
A number of
new property damage and business interruption exclusions have also been added.
These include £250,000 for research and development expenses, £100,000 for
transit cover and an extension of many policy elements into the European
We made these changes after we published our Confidence
or crisis: Sentiment whitepaper that underlined the struggle mid-market
manufacturers face when buying insurance. Many respondents said they were
overwhelmed by lack of clear policy wording and being unsure about what their
cover included and excluded.