Frequently Asked Questions

We know insurance can be confusing. To help you make a clear decision when it comes to selecting the right coverage, our insurance experts provide answers to some of the most commonly asked questions.

Manufacturing insurance

Our standard coverages will meet most of your business needs. Optional coverages tailor your policy to your unique business. Work with your agent to see what optional coverages are right for you.


Most states require employers to have this coverage. If an employee gets hurt on the job, workers’ compensation pays for medical costs so you don't have to. It also pays them for lost wages if the injury causes missed time from work. Work comp also comes with employment liability coverage, which pays your defense costs if an employee claims the injury was caused by unsafe working conditions.

 


For manufacturers, it’s important to know that a standard GL policy excludes product withdrawal from the market as well as errors and omissions. Realizing this, Acuity offers standard product withdrawal coverage and a proprietary E&O coverage to make sure our manufacturers are properly protected.


We started out as Mutual Auto Insurance Company of the Town of Herman in 1925 and have been insuring manufacturers for over 40 years!


We insure all kinds of manufacturers, from food processing and woodworking to plastic and metal goods manufacturing!


We have the expertise and coverages to adequately insure large manufacturing plants, yet we understand the market demands of very small operations. We write thousands of manufacturers of many different sizes.


We are one of the rare companies that maintain A+ financial ratings from A.M. Best and Standard and Poor’s. Of the 3,000 property-casualty carriers in the nation, we’ve consistently been ranked as one of the best-run companies by Ward Financial Group.


IIoT, the Industrial Internet of Things. We are currently in the beginning stages of adopting machine connectivity, data collection, and big data analytics in the manufacturing industry. As technology moves forward, there is no limit to where sensors can be installed, what they can sense, and how they can communicate, leading to increased efficiency and productivity.


At Acuity, we take your business as seriously as we take ours. I have decades of manufacturing experience and stay up to date on issues and technologies. We attend trade shows and interact daily with the industry. We know manufacturing and want to partner with you and help you achieve continued success in your business.


I think it will be the combination of traditional subtractive technology, removing material or items, and additive technology, like 3D print. Currently there are only a few equipment manufacturers that have combined both technologies into one machine. Once this becomes more commonplace, it will allow manufacturers to remove and, at the same time, add stock form products. The possibilities are endless.


Lean manufacturing is about identifying waste within your operations. Once the waste is identified, it provides a wide variety of tools, which can be as simple as 5S or as complex as value stream mapping. However, before starting your lean journey, you need to understand it takes commitment from everyone in your organization. It will not benefit your business if you implement it as the “flavor of the day.” It needs to be a cultural change. A successful lean culture includes employee empowerment and open minds as well as constant change. From the smallest to the largest companies, if lean is implemented, adopted, and accepted correctly, it will help you reduce cost, increase productivity, and keep you at the forefront.