The manufacture and sale of any product is a complicated business and getting the right insurance can be equally complex. You need coverage for your whole production process from the raw materials right through to delivery of the final product. And there’s a huge potential for things to go wrong at any stage of the process. The traditional way of protecting against those losses and mitigating the risks is to buy different types of insurance for all the different stages of production and distribution.
However, this approach can be expensive. Plus it can be difficult to manage with separate deductibles for each policy, various premiums as well as a variety of insurers. And when coverage is split into disparate areas, there’s the opportunity for things to be missed and gaps in protection to creep in.
Stock throughput coverage is predominantly written at Lloyds of London. Axis Insurance Managers enjoys a long term connection with Lloyds and the London market and we enjoy exceptionally good relationships with writers of stock throughput insurance in both the UK and Canada.
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