The automotive industry is supported by multiple factors such as labour availability, R&D efforts, geographic advantage and government support. This industry comprises a wide range of companies and Organizations involved in the design, development, manufacturing and selling of motor vehicles and is one of the World’s largest revenue earners.
Arising from the above, the once-predictable automotive industry is at a crossroads, facing challenging risks such as self-driving cars, cyber-attacks, automation in manufacturing, electric vehicles etc. Whilst some of these are still at the development stage in Sri Lanka, there are others which can be insured.
ADZIB along with the input from Marsh and their experienced risk management team would be able to advise you on the best coverage available to suit your individual requirements based on the probable exposure.