Manufacturing
Hanover Manufacturing Advantage offers a wealth of opportunity for manufacturers in a variety of industries. Our appetite for manufacturing varies by state, size of risk and line of business. Please contact your local underwriter to discuss specific opportunities.
Metal
Metal
- Fabricated metals for non-critical parts and components
- Fabricators of architectural and building metal products with non-structural or non-building envelope end uses
Plastics
Plastics
- Non-critical parts and components
- Closed mold processes using composite and non-reinforced, non-foam plastics
- Sprinklered facilities
Food and consumer goods
Food and consumer goods
- Processed foods that are cooked, pasteurized or shelf-stable
- Household appliances, parts and components
- Household voltage lighting, engines, generators, compressors, pumps, wiring and wiring devices
- Furniture
- Clothing
Machinery/auto parts
Machinery/auto parts
- Non-critical original equipment manufacturer parts and components
- Non-critical aftermarket parts and components
- Parts and finished machinery for industrial end uses that are fixed and automated
Other facilities
Other facilities
- Sprinklered wood product facilities (except pre-fabricated wood buildings and pallets)
- Glass, ceramic, brick, concrete products, and pipe (except structural and pre-stressed)
- Printers and packaging paper converters
- Textile manufacturers
Additional capabilities
Additional capabilities
More than 45 additional classes are eligible for property coverage through Hanover Specialty Industrial Property, including companies that manufacture high-hazard substances such as:
- Adhesives
- Chemicals
- Coatings
- Explosives, and more
For manufacturers whose products include medical devices or FDA approved pharmaceuticals, our Hanover Life Sciences Advantage delivers specialized insurance programs to cover their unique exposures.
Not in appetite
- Oil, gas, coal mining and processing
- Parts used in nuclear, marine and petrochemical boilers and pressure vessels
- Metal mills, smelting, foundries, casting
- Logging and mills for pulp, paper or paperboard
- Grain milling, oils or sugar
Visit the SmallComm Solutions portal for detailed appetite information for small commercial manufacturing risks. Visit Hanover Specialty Excess & Surplus for additional classes eligible for non-admitted coverage.
Property and general liability
Property
- Selection of base property broadening endorsements that add or enhance more than 65 coverages
- E-commerce endorsement
- Dependent properties
- Add the manufacturing property broadening endorsement below to a base property endorsement to further tailor industry-specific coverage.
Manufacturing property broadening endorsement 411-0815 |
|||
|---|---|---|---|
| Coverage | Limits | Coverage | Limits |
|
Additional covered property |
$50,000 |
Processing water |
$50,000 |
|
Business income and extra expense — dependent and interdependent properties |
$150,000 |
Product adulteration and contamination |
$50,000 |
|
Contract cancelation |
$100,000 |
Research and development operations — expenses |
$250,000 |
|
Extended warranty coverage |
$75,000 |
Research and development operations — extra expense |
$250,000 |
|
Patterns, dies, molds and plates |
Included |
Spoilage — on premises |
$100,000 |
General liability
- Suite of general liability broadening coverage that add or enhance over 20 coverages
- Products liability
- Manufacturer’s errors and omissions
Manufacturers Errors & Omissions
The Hanover’s Manufacturers Errors & Omissions (E&O) offering is designed to provide the protection and flexibility manufacturers need. E&O coverage provides protection for a manufacturer when faced with allegations that a mistake or negligence resulted in a third-party financial loss. Coverage includes:
- Robust coverage limits for per occurrence/aggregate limits with flexibility of form options
Manufacturers E&O endorsement options include:
- Loss of use – includes negligent design, installation or manufacturing of a covered product resulting in the covered product’s failure to perform the function or serve the purpose intended
- Repair, replacement or adjustment – includes damages for the expenses to repair, replace or adjust a defective product
- Broadened coverage – Adds coverage for repair, replacement or adjustment to the Manufacturers E&O
Additional coverage options
- Commercial auto
- Equipment breakdown coverage
- Industrial property
- International
- Product recall
- Umbrella
- Workers’ compensation
Visit Hanover Specialty Excess & Surplus for non-admitted property and casualty coverage.
Professional and executive lines
Surety
- Commercial surety bonds including performance, payment, supply, right of way and site improvement
Hanover Manufacturing Advantage protects against the unique risks faced by manufacturers. Unlock the Hanover advantage.
Risk management services
Resources to assist customers with safety procedure improvements, disaster preparedness and business continuity planning and training programs.
Competitive products
Our innovative and comprehensive product suite, with business owner's policy and commercial package policy options, can be designed to fit current and future needs, including:
- Industry-specific broadening endorsements
- Coverage options for manufacturer's errors and omissions
- Account-focused solutions
Dedicated claims team
Our claims teams have years of industry expertise and experience handling the unique types of claims manufacturers can face. We employ experts in the fields of water mitigation, subrogation, risk transfer, litigation management, nurse and legal analysis, accounting, and SIU.
Significant experience
We have expert, local underwriting resources with national product, claims and risk management services, all supported by regional experts.
Risk Solutions partnership
We partner with Hartford Steam Boiler to offer infrared testing, inspections and assistance sourcing replacements for damaged equipment for equipment breakdown policyholders.
Trusted partner
We offer the support and financial strength of an "A"-rated leading insurance carrier.
Hanover Manufacturing Advantage offers a wealth of opportunity for manufacturers in a variety of industries. Our appetite for manufacturing varies by state, size of risk and line of business. Please contact your local underwriter to discuss specific opportunities.
Not in appetite
- Oil, gas, coal mining and processing
- Parts used in nuclear, marine and petrochemical boilers and pressure vessels
- Metal mills, smelting, foundries, casting
- Logging and mills for pulp, paper or paperboard
- Grain milling, oils or sugar
Visit the SmallComm Solutions portal for detailed appetite information for small commercial manufacturing risks. Visit Hanover Specialty Excess & Surplus for additional classes eligible for non-admitted coverage.
Industry resources
Resources for you
Marketing resources
Equipment breakdown coverage overview
International coverage overview
Industry learning
The Hanover Accelerator program offers exclusive self-guided training designed to give you expertise in key growth industries, empowering you to better offer specialized insurance solutions for commercial clients.
Sign up for The Hanover's Industry Accelerator for Maunfacturing
Resources for your customers
Our Risk Solutions program includes onsite and remote assessments, on-demand learning, self-service tools and custom action plans that address the complex demands and issues facing your manufacturing clients.
Electrical preventive maintenance online assessment
See all of our Risk Solutions resources for manufacturers
Customer tools
Let's start a conversation today
Contact a member of our team to learn more about our coverage and services, and how we can help you tailor a solution for you and your clients.
Property and casualty
Aaron Kock
Assistant Vice President, Industry Solutions
312-339-7774
akock@hanover.com
Marine, industrial property and surety
Chris Zaneski
Vice President, Distribution Management
240-638-5706
czaneski@hanover.com
Professional and executive lines
Greg Ketay
Vice President, Distribution Management
630-760-3045
gketay@hanover.com