Shape Your Risk Management Strategy in Manufacturing

Manufacturing firms are operating in vastly different environments now than they did just a few years ago. As a result risks profiles and appetites have been transformed.

For example, accelerated technology adoption has increased cyber security exposures, and movement/border restrictions have disrupted operations and supply chains. The impacts the frequency and severity of related losses and therefore the total cost of risk.

In Asia, insurance rates in general have increased 8% year-on-year in the first quarter of 2021. Cyber insurance premiums climbed 50% on average across the region in the same period, creating financial pressure on firms which already have to cope with diminishing revenues.

Join this webcast as our experts share insights and advice on how firms in the Manufacturing Industry can optimize your risk decisions and manage your costs.