Manufacture
Ford Risk works with companies which produce an exceptionally wide range of products including Automotive Parts, Safety Critical electronic components, Household items of every type, Engineering components, Construction Materials, High Quality Clothing, Military components and products, Electrical items, Testing Equipment and Food related equipment and edible products.
Many of the companies with which we have worked trade globally, whilst others are subsidiaries of overseas parents. The U.K market is very competitive, with many underwriters vying for the same risks. This can make it attractive for Global Overseas Companies to insure their U.K subsidiaries in the U.K, via a U.K Broker.
We are very keen to meet U.K Manufacturing companies. We believe that all costs must be examined but sometimes the hardest to analyse is the Insurance Expenditure. Ford Risk has helped U.K Manufacturing Companies reduce their insurance costs over and over again.
We worked with one Office Furniture Manufacturer who had used the services of a Top 5 Broker. The Financial Director suspected that insurance costs were not being managed by their current advisers. We worked with a new broker and created a strong package with quality cover and a reduction of thousands of pounds. Whilst results will of course vary, we are not shocked when sometimes we achieve reductions of 40% to 50% of existing costs even when quotes have been provided by other competitive brokers.
We have worked with a number of Japanese owned or part-owned subsidiaries with international brands that demanded an insurance cost review. We successfully completed these transactions which resulted in new broker arrangements and revitalised insurance portfolios for the U.K companies.
We have such confidence in what we do that we have come to expect that our clients will be offered exceedingly competitive rates, regardless of the type of risk exposure they may experience. We know that anything less is unacceptable.