CHICAGO, June 24, 2015 — CNA today released a new report designed to highlight current challenges and emerging trends in the manufacturing industry and how to best mitigate risk. InControl: Manufacturing provides manufacturers with a state-of-the-industry report by analyzing CNA’s manufacturing loss and risk control data.
“CNA Risk Control professionals analyzed more than 20,000 risk assessment reports to outline several challenges manufacturers typically experience,” said Bill Boyd, senior vice president, Risk Control. “These challenges impact employees’ health and safety, as well as their productivity and efficiency. Ultimately, these challenges affect profitability of business operations. In today’s competitive manufacturing marketplace, controlling exposure to risk is key to increasing competitive edge.”
Among the findings, CNA cites the aging workforce, supply chain risks and driver performance as leading causes of an increase in the frequency and severity of losses in the manufacturing industry. The report combines risk control, claim and other industry safety data to analyze and offer solutions and services for helping CNA customers address these critical issues.
“The InControl: Manufacturing report provides actionable insights on real issues that keep manufacturers up at night,” said Franklin Maccotan, director and industry leader, Manufacturing. “As a former Zone Manager of multiple manufacturing facilities, controlling exposures, particularly those around keeping employees safe, is critical not only to a plant manager, but to the success of a company.”
InControl is a publication of CNA Risk Control. To obtain a copy of the full InControl: Manufacturing report, please contact Brandon Davis at 312-822-5167 or Brandon.Davis@cna.com. For more information on reducing and managing risks in the manufacturing industry, visit www.cna.com/manufacturing.
Serving businesses and professionals since 1897, CNA is the country’s eighth largest commercial insurance writer and the 13th largest property and casualty company. CNA’s insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA's services include risk management, information services, underwriting, risk control and claims administration. For more information, please visit CNA at www.cna.com. "CNA" is a service mark registered by CNA Financial Corporation with the United States Patent and Trademark Office. Certain CNA Financial Corporation subsidiaries use the "CNA" service mark in connection with insurance underwriting and claims activities.
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Brandon Davis, 312-822-5167
Sarah Pang, 312-822-6394