Breakdown & Operator Error

Designed to protect your investment in high value machine tools, CNC Risk Solutions will help in keeping costs fixed in this competitive environment, removing the possibility of potentially crippling bills.

• Full repair costs (parts & labour) in the event of mechanical & electrical breakdown, to the original manufacturer's specification, subject to a policy excess of £250.
• Cover is provided against sudden & unforeseen damage, including operator error.
• All components covered including high speed spindles & controls
• All repairs will be carried out on a "new for old" basis on machinery up to 5 years old. Claims on older machines will be settled on an indemnity basis.
• The machine must be serviced &repaired in accordance with the manufacturers recommended guidelines.
• The cost of the insurance is fixed for the duration of cover, regardless of the incidence of claims.

Warranty

With increasing pressure on Machine Tool Suppliers to provide longer warranty periods to their customers, CNC Risk Solutions, a specialist UK supplier, is able to remove the financial risk & provide manufacturer partners with bespoke Extended Warranty Programmes.

CNC Warranty provides the opportunity to provide extended periods of cover. Underwritten by some of the world's leading insurers, this provides peace of mind & allows machine tool suppliers the ability to provide extended periods of cover at a realistic cost.

CNC Warranty provides the opportunity to provide extended periods of cover. Underwritten by some of the world's leading insurers, this provides peace of mind & allows machine tool suppliers the ability to provide extended periods of cover at a realistic cost.

Cover is available throughout Europe on the following CNC machine tools:

• Vertical Milling
• Horizontal Milling
• 5 Axis Milling
• Turning

• Turning
• Grinding
• EDM Wire Erosion
• EDM Spark Erosion

• CMM's
• Punch Press
• Laser Cut

Operator Error

The policy can be upgraded in order to cover the damage caused by Operator Error.

The addition of this cover not only protects the customer but also the machine tool supplier, reducing the costs arising from "Goodwill" repairs.

This will reduce costs, enhance customer relationships & lost management time

Key Benefits

• Increased sales
• Improved customer confidence
• Reduced Financial Risk

• Enhanced revenues
• Minimal paperwork
• Improved cashflow

Commercial – in partnership with Towergate Insurance

CNC Risk Solutions have combined our experience & understanding of this marketplace with Europe largest independently owned Insurance Intermediary, Towergate Insurance & have developed Precision Protection, a comprehensive insurance offering which is tailored specifically for UK manufacturers.