Plastics

Plastics - a simple expression, but one which disguises a huge range of different products, materials and processes.

Only an adviser with equally wide experience can be truly equipped to match the needs of business in this sector.

For over 25 years Bradstock Plastics and Rubber has focused on providing insurance and risk financing services to the Plastics Industry and is the acknowledged market leader in this field.

With our experience and knowledge of the Plastics and Rubber Industries and because we take time to fully understand your business, we can provide tailored solutions to all your insurance and risk financing needs.

Our advice can embrace every aspect of your insurance programme from manufacturing to warehousing and distribution. It can include all the specialist covers you might need such as product recall, product guarantee and financial loss, Directors and Officers, credit insurance - the list is extensive. In addition, through our associated Financial Services company we can advise on Employee Benefit Programmes including pension provision and health care.

Contact us for a free audit of your existing arrangements - it could be the most productive telephone call you ever make.

Our clients include:

Materials Distribution
Masterbatch
Compounding
Injection Moulding
Compression Moulding
Blow Moulding
Extrusion
Blown Film Extrusion
Cast Films
Calendering
Rotational Moulding
Slush Moulding
Thermoforming
Vacuum Forming
Reprocessing
Pultrusion
Powder Coating
Foam/Cellular Plastics
Conversion
Finishing
Assembly
Soft Tooling
Tool and Die Makers
Prototyping
Pattern Making
Grp/Carbonfibre Lamination


Rubber

Rubber – both synthetic and natural – has a long history of use and a wide variety of applications.

Some insurers consider any business involved in rubber as high risk and charge premiums accordingly. Bradstock, with its long history in this business, has the experience and knowledge to evaluate the risks and devise insurance and risk management programmes to maximise cover and minimise client costs.

For over a quarter of a century Bradstock has focused on providing risk management and insurance services to the Rubber Industry and is now one of the acknowledged market leaders. Our clients include Compounding and Vulcanisation, Extrusion, Moulding and Conversion.

Whatever your particular speciality, you can rely on Bradstock for expert and relevant advice.


Tooling

Tools, Moulds and Dies are critical components for many processes within the Plastics and Rubber Industries, however their importance is often overlooked and frequently misunderstood by the Insurance Industry. What are the problems?

Obsolescence

The need to replace tooling and consequently assess insurance values is difficult to determine as it can be dependent on future production demands.

Ownership and Responsibility

The question of ownership and insurance may create problems owing to the variety of practises within the industry.

In many cases no formal contractual agreement exists between the owner (the customer) and the user (the moulder). In such circumstances possession must be equated with responsibility.

Damage during operation

Most insurance policies will exclude the "working or process" risk.

Movement

Tooling is continually on the move both internally and externally.

Business interruption

The financial impact of loss or damage needs to be correctly assessed to ensure adequate insurance protection.

Bradstock Plastics and Rubber have developed an exclusive and unique insurance product to address these issues – ToolGard.