Paper industry: complex risk portfolios
Paper is a valuable material that helps shape the communication in all areas of our society. Manufacturing and processing paper by today’s standards requires expert knowledge and state-of-the-art technology. Likewise, developing adequate risk and insurance solutions for this complex industry calls for competency at a high level.
VZP, an exclusive cooperation partner of Funk, has been operating for over 50 years as an independent insurance broker that is specializing in the needs of the paper industry. Together with Funk, VZP offers its clients the solutions and services of an international insurance broker and risk consultant. For VZP clients, this means twice the expertise when it comes to security for companies in the paper sector.
Insuring the paper sector
- Property damage insurance against fire/explosion and machinery breakdown (technical and organisational fire protection)
- Business interruption insurance due to property and technical damage
- Liability insurance for third party claims resulting from the operation or the paper produced
- Professional liability insurance
- Environmental insurance against risks from paper production
- Product recall insurance
- Marine cargo insurance
- Credit insurance
- D&O insurance
- Legal protection and criminal defence insurance
- Vehicle insurance
- Employee health and benefits concepts
VZP and Funk working together for your future
The paper industry is marked by large, complex systems for paper production, processing and finishing. An interruption of business, for example due to damage to machinery, may result in significant losses in turnover if delivery deadlines cannot be met. Another core risk of the paper industry is fire damage. Traders and manufacturers do not only need comprehensive fire insurance that covers all typical eventualities of the industry, but also a reliable assessment of their potential risks and the necessary fire protection measures. VZP analyses the company-specific risks of paper manufacturers, printers and paper wholesalers, regularly checks existing cover strategies and recommends new cover options in line with current market developments.
VZP has worked closely with the German paper sector for decades and operates on equal footing with these companies. The experts offer individual insurance programs that are precisely tailored to the needs of each individual client and help secure the future of a material that goes back hundreds of years.