Westley Group is one of Europe's largest metal casting companies specialising in the production and supply of copper-based and aluminium alloy metal parts.
Employing over 280 people across its headquarters based in Cradley Heath in the West Midlands, plus manufacturing centres of excellence sites in Newcastle-under-Lyme, Staffordshire, and Cleckheaton, West Yorkshire, Westley Group serves clients in a range of sectors, including the marine, oil, power generation, process engineering and architectural industries.
Following a competitive tender process, Gallagher won the contract as a result of its detailed understanding of Westley Group’s risk and insurance requirements, the market it operates in, and its ambitions to grow its client base across Europe, as well as its ability to provide all of the firm’s insurance cover under one policy.
Gallagher is a leading provider of insurance and risk management advice to the manufacturing sector, and looks after a broad range of businesses in the UK, from new ventures to large manufacturers with complex risk management requirements.
Richard Grosvenor, Sales Director, Gallagher, commented: “Companies operating within the metal casting industry face a range of risks which can cause significant disruption, including injury while operating machinery, equipment breakdown and product defects. Managing these risks requires the support of a specialist insurance broker which can provide tailored insurance and risk management solutions to ensure firms have appropriate cover in place at a competitive premium.
“Westley Group has built up an excellent reputation over the years in the metal casting sector, and we look forward to being part of the business’s growth journey.”
Mike Richards, Finance Director, Westley Group, said: “Before engaging Gallagher’s support, we were aware that the insurance market was going through a period of ‘hardening’ – characterised by insurers charging higher premiums, and lower enforcing tighter terms and conditions– and we were concerned about significant cost increases when it came to our insurance renewal.
“From our very first meeting, the team at Gallagher impressed us with their sector knowledge, and the time they took to visit each of our sites in order to ensure they fully understood our business and how it operated. The team were able to negotiate us a deal that saw our cover increase, and premium reduce, providing us with the peace of mind we need to focus on growing our business.”