Metallurgy
Metallurgy and Heavy Industry Insurance
Protection in Extreme Conditions
Extreme temperatures, molten metal, high pressures, and continuous operation. Metallurgy is one of the most risk-intensive industries, where every accident threatens catastrophic consequences. We develop insurance programs that account for "worst-case scenarios" and enable rapid operational recovery even after devastating events.
Risk Management in Metallurgy
Specific Risks of Molten Metal and Explosions
Standard property insurance in metallurgy is often insufficient. Our solutions explicitly include risks associated with molten metal leaks (which can destroy both technology and buildings) and the risk of furnace or converter explosions. We emphasize correctly setting insured values for unique technological units, which, if destroyed, can take months to years to custom-manufacture.
Business Interruption and Safety
The biggest financial threat to metallurgical plants is a prolonged production shutdown. A breakdown of a key furnace or rolling mill can bring the entire plant to a halt. Business interruption insurance covers these financial losses. We also address employer's liability insurance for workplace injuries, which are unfortunately more frequent and severe in this industry than in light manufacturing.
How Eurovalley can help you
Re-setting limits in industrial insurance
Just a few years ago, it was common for companies to have property insurance limits that comfortably covered their entire production hall, technology, and business interruption. Today? For the same price, they get lower coverage, higher deductibles, and more exclusions. What has changed – and how should we react?
Let's talk about metallurgy insurance
Extreme temperatures, molten metal, high pressures, and continuous operation. Metallurgy is one of the most risk-intensive industries, where every accident threatens catastrophic consequences. We develop insurance programs that account for "worst-case scenarios" and enable rapid operational recovery even after devastating events.
