Manufacturing
In today's consumer-centric, rapidly changing, and interconnected economy, manufacturing businesses face a multitude of intricate challenges. Newfront’s extensive industry knowledge enables us to assist you in effectively navigating these challenges, turning risk into opportunity.
Our approach
From global supply chain headwinds and economic uncertainty to labor shortages and increasing cyber threats, Newfront understands the challenges you face. We build proactive risk management plans to address new threats, contain costs, and drive value for your business.
Market intelligence
Strong carrier relationships coupled with a real-time pulse on the market and emerging trends empowers dynamic decision making for our clients. Deep technical expertise across property, casualty, cyber, executive risk, and marine/cargo enables us to identify and implement innovative structures and best in class terms and conditions.
Risk optimization
Assessing your risk profile and current program efficiencies, including coverage adequacy, we identify the optimal program solutions aligned to your desired balance of retaining and transferring risk while reducing out of pocket costs.
Claims management
An extension of your team, our claims advocates establish key pre-loss mitigation programs, provide responsive guidance throughout the claim process, and deliver day-to-day client support and consultation.
Risk control
Our in-house risk consultants offers a suite of integrated services designed to help clients. From employee health and safety to emergency preparedness, we develop insightful and targeted strategies to design and implement risk improvement plans, ensuring the best ROI on your capital deployment.
Attract a competitive workforce
Developing creative offerings for benefits and retirement, our Employee Benefits team can help you obtain—and retain—top talent from the shop floor to the C-suite.
Subject matter expertise
Newfront’s team of experts take a transformative approach to help manufacturers reduce risk.
The manufacturing risk landscape is evolving daily. Our deep industry expertise enables us to build scalable and customized solutions addressing your current and future needs
Addressing risk goes beyond the purchase of insurance. Our innovative contract review tool powered by AI enables our colleagues and clients to effectively and efficiently identify and manage contractual risks inherent in the manufacturing supply chain
Our deep risk control bench includes a team of credential experts including Certified Industrial Hygienists (CIH), Certified Safety Professionals (CSP), and Registered Environmental Health Specialists (REHS) and Ergonomists
Ensuring profitability is key. Leveraging predictive analytics and benchmarking through a manufacturing lens, we empower informed decision making with a focus on reducing your total cost of risk
Industry-Leading Technology
RiskPulse enables businesses to develop optimized strategies across the insurance portfolio, marking a new era in strategic risk management. Harnessing innovative technology, RiskPulse transforms Casualty and Property data into dynamic, intelligent perspectives.
With an interactive dashboard, RiskPulse allows for quick, curated insights to deliver a targeted risk mitigation approach with tangible value. RiskPulse features customized key performance indicators, inclusive of drill-down capabilities, which enables swift risk identification and enhanced visibility into ongoing program performance.
TCOR reduction prioritized across the portfolio, driving improved business economics and informed decisions
Intuitive and interactive dashboard curated to client's unique risk profile
Risk metrics customized to client's organization across product lines
Quick assessment of leading cost drivers enabling proactive risk mitigation strategies
Improved cost transparency and portfolio-wide performance tracking
Leadership
Phil Huffman
Phil Huffman is the Automotive & Manufacturing Leader at Newfront. Specializing in the manufacturing, construction, energy, real estate, technology, and healthcare sectors, he has worked with organizations of all sizes to drive financial impact via risk management programs. Phil is a 2022 Risk & Insurance Rising Star winner.
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