Regardless of location, raw materials or end product, the two most important considerations for manufacturers seeking insurance cover are:

  1. The extent of exposure in the event of product failure, and
  2. The effect upon the business of any serious disruption in production

Such disruption need not be confined to your production line – or even your premises; a fire at a supplier’s factory, a major retail outlet or an important customer’s warehouse for example could affect both cash flow and your reputation. At Consort Insurance we recognise that while the cause of these scenarios might be beyond your control, the effect may leave you contractually liable for all losses incurred. Before placing cover we make it our business to understand your business and to identify potential (and possibly unforeseen) threats.

Geographical policy restrictions are often a problem for manufacturing businesses involved in export and are an area in which we have considerable expertise. It is not uncommon for us to be advised by clients when conducting insurance audits on their behalf that desired cover levels are simply not available. Our experience has shown that this is not always the case. Frequently we are able to obtain cover simply by ensuring that underwriters are supplied with the information necessary to reach a more informed decision.

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    IMPORTANT: Please complete this application as fully as possible and return it to Consort Insurance, together with any relevant plans, Schedules of Condition or other supporting documents.

    JCT clause 21.2.1 (or equivalent) insurance

    Section 1 - General details

    :
    £
    £

    Section 2 - Existing property

    If the existing property is being completely demolished or the contract site has already been cleared, please proceed to SECTION 3. Otherwise, please answer the questions below:

    YesNo
    YesNo

    Section 3 - Surrounding property

    Please give a description of all surrounding property not forming part of the Contract Works:

    YesNo
    If Yes, please forward a copy of this to
    dahlia.osuoha@consortinsurance.com
    YesNo

    Section 4 - Construction and extensions

    Please complete DEMOLITION Section if applicable (where such demolition forms part of a contract for erection, reconstruction, alteration or repair by the insured):

    Demolition

    YesNo
    YesNo
    YesNo
    YesNo
    YesNo
    YesNo
    YesNo

    Section 5 - Declaration

    The undersigned declares on behalf of all parties proposing for insurance that to the best of his/her knowledge and belief, the statements provided herein are true and complete and all material facts or circumstances have been fully disclosed. The undersigned declares and agrees that the proposal form together with any other information supplied shall form the basis of any subsequent contract of insurance and undertakes to inform the insurer of any material alteration to those facts occurring before completion of the contract of insurance.