The complete range of textiles industry insurance solutions
The textile industry is one of the oldest in the world. However, traditional textiles manufacturing faces big challenges including heavy competition on prices, quality and speed of delivery - challenges which call for a partner which can offer the complete range of textiles industry insurance services.
The profound changes that this sector is undergoing lead to the development of new production methods and new products such as intelligent and technical textiles. To support these changes, professional risk management and intelligent, flexible textiles industry insurance solutions are crucial.
Allianz Global Corporate & Specialty has experts who understand the sensitive, technically advanced manufacturing equipment and the risks associated with them.
Our risk consultants and claims specialists can give valuable advice to minimize supply chain risks and work out an appropriate business interruption plan, to make sure any potential damage is kept at bay.
Intelligent underwriting is the key to creating first class textiles manufacturing insurance protection. Our underwriters work closely with the client and other in-house experts to assess the client’s individual situation and tailor the right solution.
Our knowledge and experience in textiles industry insurance and other specialty sectors is supported by our financial strength. Backed up by the Allianz Group and by high ratings from Standard & Poor's and A.M. Best, our clients can be assured that we have the capacity to accompany them throughout their challenges.
Tailored services in textiles industry insurance
We offer our clients access to the whole range of textile industry insurance related products and services, including:
- Business Interruption
- Liability including product recall and environmental liability
- Machinery Breakdown cover
- Marine cargo including storage and goods in transit
- Supply chain risks and business continuity planning
- Directors & officers and other management liability
- Specialist risk consulting
- International insurance programs