Automotive Risk Management

Transformational change within the automotive industry is being driven by technology, autonomy and changing consumer behaviour. This rapid period of change will bring with it a raft of new challenges as the industry faces different risk exposures and the risk landscape continues to evolve.

Our global team of automotive insurance specialists are leading the way by bringing together clients, industry bodies and ground-breaking analytics, to develop risk and insurance solutions to respond to these changes for both automotive manufacturers and tier 1 and 2 suppliers.

MARKET LEADERS

We are leading the market in driving insurers to provide future proof solutions to your rapidly changing risk landscape. Below are examples of some of those areas:

supply chain riskSupply Chain Risk

Our unique approach provides our clients with greater visibility and resiliency of their supply chain. This means that we are able to secure improved limits and cover beyond tier 1, down through the entire supply chain. Our partnership with Resilinc, a market leading supply chain resiliency specialist, gives us access to unique and differentiated data, coupled with quantitative information, which will be of significant value to both clients and insurers. Find out more

product recallProduct recall / Technology Risk

We are driving the insurance market to deliver a seamless solution in respect of product recall/cyber/tech to address the increased and changing risk exposures brought about by new technology. This will provide broader cover, dovetailed to reduce ‘grey’ areas and avoid duplication and gaps. Find out more

Product LiabilityProduct Liability Risk

The product liability risk landscape is shifting from human to product error as a result of the rapid development of automation and driverless technology. The greater visibility of supply chain provides an improved understanding of contractual indemnities throughout the chain, thus enabling a clearer view of liabilities retained or transferred under contract. Find out more

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