In today’s ever-evolving manufacturing and distribution landscape, companies face unique and complex risks that demand innovative solutions. Leading the charge in providing these solutions is Jeremy Riddle, the Executive Vice President at ROEHR Insurance.
ROEHR Insurance’s success in the manufacturing and distribution sector is rooted in his customer-centric model. He takes the time to truly understand each client’s specific needs and operational risks, allowing him to craft customized risk transfer solutions that align perfectly with a company’s appetite for risk. His ability to handle even the most complex and unique challenges has earned him a reputation as a trusted advisor in the industry.
ROEHR Insurance’s depth of knowledge and experience provides a comprehensive suite of risk management services that go well beyond the traditional insurance placement. For manufacturing and distribution companies, risk can come from numerous sources, and ROEHR Insurance is prepared to address these risks with targeted solutions, such as:
Due Diligence for Mergers and Acquisitions
Evaluating risks during acquisitions to prevent costly oversights.
Contract Reviews
Identifying risk exposures hidden within business contracts.
Safety Program Audits and Analysis
Enhancing workplace safety through detailed evaluations and corrective action plans.
Claims Management
Reducing claim settlement times and improving overall outcomes.
Disaster Recovery Planning
Developing strategies to safeguard operations against natural or human-made disasters.
Cyber Security Analysis
Addressing the increasing risk of cyber threats as manufacturing becomes more digital.
Employee Training
Ensuring staff are prepared to comply with safety standards and best practices.
These services provide manufacturing and distribution clients with an additional layer of protection, ensuring business continuity, operational resilience, and overall peace of mind.
The manufacturing and distribution industry is in a state of transformation, driven by rapid advancements in automation, artificial intelligence (AI), and digital technology. With new opportunities come new risks, including:
Supply Chain Disruptions
Global supply chains have become more fragile, and interruptions can have catastrophic effects on manufacturing and distribution output.
Labor Shortages
As technology progresses, so do challenges in workforce management and the skills gap.
Cyber Security
Increased automation and digitization leave manufacturers and distributors vulnerable to cyberattacks.
Catastrophic Events
Climate change, pandemics, and other unforeseen events require robust disaster recovery and business continuity plans.
Workforce Challenges
Skilled labor shortages are becoming more pronounced particularly in advanced manufacturing rolls.
Technology and Automation
While automation and robotics can improve efficiency, they also present the risk of complex integration, technical failures, and CAPEX.
ROEHR Insurance has developed an unmatched expertise in identifying and foreshadowing these emerging risks. This foresight allows ROEHR Insurance to stay ahead of industry changes and ensure their clients remain protected against evolving threats.
What sets ROEHR Insurance apart from traditional risk advisors is our ability to offer non-conventional insurance solutions that go the traditional insurance placement. Our expertise encompasses a range of advanced financial tools designed to transfer risk, including:
Captive Arrangements
Allowing manufacturers and distributors to create their own insurance entities or join established group captives with other manufacturers and distributors to better manage and finance risks.
Loss Sensitive Programs
Tailoring insurance programs with high deductibles due to their favorable loss experience.
Alternative Risk Financing Options
Innovative ways to reduce insurance costs and improve cash flow for businesses.
This strategic approach ensures that manufacturers and distributors are not just insured but are also maximizing their financial outcomes in the long run.
In an industry as dynamic and risky as manufacturing and distribution, companies need more than just an insurance broker—they need a true partner who understands their business and can anticipate future challenges. ROEHR Insurance brings a combination of deep industry knowledge, technical expertise, and a relentless commitment to client success. Whether it's safeguarding a company’s assets, designing innovative risk transfer solutions, or helping manufacturers navigate the challenges of tomorrow, ROEHR Insurance is the go-to advisor for businesses that want to thrive in a fast-changing world.
For manufacturing and distribution companies looking to secure their future and protect their bottom line, the choice is clear: ROEHR Insurance is the partner you need.
Contact me today.
Executive Vice President
513.985.4208
