Manufacturing

Timber

Insurance and risk management for a challenging sector.

In the dynamic and high-stakes world of timber manufacturing and industry, businesses face unique risks that require tailored insurance and risk management solutions. With over three decades of experience, Austcover is your trusted partner to help navigate these challenges.

We specialise in protecting businesses across numerous segments of the timber industry, including building products, hardwood, pine, harvesting, and timber wholesale and retail.

CONTACT

Dean Brumby LinkedIn

Head of Portfolio
Mobile: 0402 127 280
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Industry challenges and risks

Timber manufacturing and industry businesses operate in environments fraught with complexities and hazards. From managing high-value machinery to ensuring workplace safety and environmental compliance, the risks are diverse and significant. Some of the key risks include:
Fire and natural disasters
Timber and wood products are highly flammable, making fire and bushfires a major concern.
Equipment breakdown
Downtime from machinery failure can disrupt production and result in financial losses.
Employee safety
Risks include injuries from heavy machinery, handling timber, and sawmill operations.
Product liability
Defective products can lead to legal and reputational issues.
Supply chain disruption
Reliance on raw material supply and transportation creates vulnerabilities.
Environmental risks
Compliance with environmental regulations and managing the impact of operations.
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Tailored insurance and risk management

At Austcover, we understand the nuances of the timber industry and craft insurance solutions that safeguard your business operations. Our insurance solutions can include cover for:

  • Building products: We offer specialised coverage for manufacturers of building products such as panels, flooring, and engineered timber. Protect your business against machinery breakdown, stock loss, and third-party liabilities.
  • Hardwood: From milling to distribution, the hardwood industry demands robust protection. Austcover provides insurance solutions for equipment, transport, and liability to keep your operations running smoothly.
  • Pine operations: Whether you’re managing plantations or processing pine products, our tailored policies can cover risks such as fire, pest infestations, and property damage.
  • Harvesting: Harvesting operations are resource-intensive and carry significant risks. Austcover’s solutions include coverage for heavy machinery, worker injury, and environmental impact.
  • Timber wholesale and retail: For wholesalers and retailers, Austcover’s insurance solutions can cover stock-in-transit, property damage, and liability, ensuring that your business can weather unexpected disruptions.
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Why use an insurance broker?

Insurance can be a complex process, navigating through the various products, covers available, exclusions and confusing terminology. Having an experienced insurance broker on your side means you have a qualified professional who acts on your behalf, not for the insurer, ensuring your specific needs are assessed and you get the insurance program that works for you.

Why partner with Austcover?

Trusted expertise
With a track record of success since 1987, we’ve earned the trust of forestry and timber organisations across Australia.
Tailored risk management and insurance
Every business has unique challenges, we work closely with you to create bespoke programs to meet your specific needs.
National reach
Our broking teams based in Brisbane, Melbourne and the Gold Coast support clients and businesses across Australia.
Proactive Approach
For us it’s not just about an insurance policy, we work with you to find ways to mitigate your risks, providing a safe and secure future for your business.