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Moore on Manufacturing with James Moore & Company is a monthly podcast and video series discussing the latest in manufacturing! In this podcast, we‘ll focus on building the value of your business. This includes covering the topics that impact you the most: cash-generating tax strategies, effects of the current economy, improving operational efficiencies, preparing for a sale or transition, IT and human resources concerns, and more. Join us on the 1st Tuesday of every month at noon EST as we chat about the issues that affect you and your company. These aren‘t your typical, lengthy webinar-style videos; we know you‘ve got a lot on your plate. It‘s just us – and usually a guest or two – shooting the breeze and sharing knowledge to help you and your bottom line. Sign up to receive notifications when new videos are released - https://www.jmco.com/moore-on-manufacturing/
Episodes
Tuesday Mar 02, 2021
Tuesday Mar 02, 2021
Chris Tolland, Executive Vice President at Foundation Risk Partners, joins Mike and Carrie on this episode of Moore on Manufacturing. The trio discusses common risk management misconceptions and errors as they relate to inventory, manufacturing equipment, and the production of personal protective equipment (PPE). They also talk about insurance implications and compare several aspects, including equipment breakdown coverage vs. property coverage, selling price vs. replacement cost, and contents coverage vs. stock throughput coverage.
00:10 – Welcome & introductions
00:27 – Risk or misses on insurance coverage for manufacturers
05:52 – How do manufacturers identify what is, or is not, in their current policy
07:45 – Brainstorming coverage and risk strategies
13:55 – Manufacturing in the new pandemic world
17:32 – How often should manufacturer meet with their brokers
19:18 – Stock throughput coverage
21:51 – Wrap up
Sign-up to receive Moore in Manufacturing notifications when new episodes are released: https://www.jmco.com/moore-on-manufacturing/
Learn more about James Moore Manufacturing Team: https://www.jmco.com/industries/manufacturing/