Nigeria is fast emerging as the largest manufacturing economy of the African continent having all the requisite skills in product, process and capital engineering. Nigeria's long manufacturing history in economics and skilled manpower is attracting the right companies, spanning diverse industries, making it a global powerhouse.
As this sector gets more and more developed, complex risks like legal litigation and liabilities are getting associated with its daily operations making Nigeria's growth story vulnerable.
Major exposures in manufacturing industries are process related which may lead to disruption of the entire production cycle, affecting not only the production process but also the revenues of the organization. Its large and the most dynamic part of our Nigerian economy, both in terms of employment potential and contribution towards national income.
Our dedicated risk management team on Manufacturing sector brings in end to end solutions on all insurance programs. We extend necessary technical support in evaluating risk exposures, risk mitigation and implementing risk management tools to improve the nature of the risk. Aviva expertise on the coverage, pricing model and service delivery mechanism is unmatched, to suit specific requirement of individual corporate client.