Risk Management Blog - ClearRisk

3 Most Common Claims Facing Manufacturers

Posted by Rebecca Webb on Tue, Sep 12, 2017 @ 15:09 PM

 

As a manufacturer, have you considered what could happen if something goes wrong in your production line? What if a defective product leaves your factory doors and makes its way to a consumer? Do you know what types of warnings and labels you are responsible for? Your work does not end when your product leaves in a shipment. Liability risk management extends so much further. Consider these common claims:

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Topics: risk management, manufacturing risk management, manufacturing product liability, manufacturing claims management, manufacturing duty of care

Occupier's Liability Risk: Reducing the Likelihood and Impact

Posted by Maegan Marshall on Wed, Feb 15, 2017 @ 11:02 AM

Every business that owns, rents or is otherwise responsible for property, owes a duty of care to every person that enters those premises. The area of law that is concerned with this responsibility is occupier’s liability.

Being found negligent as an occupier can have extensive repercussions on a business. This can include the financial burden of being held responsible for a claims expenses, to the reputational risk and negative publicity associated with an incident occurring on your premises. To limit these occurences, it’s essential for organizations to take necessary precautions that will help mitigate the frequency and severity of future events. 

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Topics: risk management plan, operational risk management software, legal risk, risk management, retail risk management, manufacturing risk management, incident management software, risk management information system, claims management software, wholesale risk management, occupier's liability

12 Best Practices for Mitigating Product Liability

Posted by Maegan Marshall on Wed, Nov 30, 2016 @ 13:11 PM

All manufacturers carry a duty of care in providing consumer products that are safe for its intended use. If an incident occurs, establishing who is at fault can be a long, tiresome, and expensive process. That’s why it’s important to ensure your organization is taking all necessary precautions throughout the entire manufacturing lifecycle. A comprehensive understanding of what you can do to reduce your liability is an essential step towards building a stable financial plan.

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Topics: legal risk, product liability, manufacturing risk management, manufacturing product liability, manufacturing EHS, manufacturing process management, duty of care liability, incident tracking, manufacturing claims management, manufacturing incident management, product design liability, manufacturing duty of care, commercial product liability