Learn about the latest in foundry property and casualty insurance at the IEC

Posted By: Matt Gilmore Industry, NFFS,

American foundries are struggling to find the coverage and security that they need to pour metal and protect their businesses. In the past several years, the U.S. insurance market has shifted away from insuring foundries and either renewal rates are skyrocketing or carriers are leaving the industry all together. The lack of quality coverage available and the substantial rise in rates could potentially cripple the U.S. foundry industry.

Eric Reed and Trenton Laws (pictured left) from USI Insurance see the challenge that foundries face on a daily basis and will share their experiences and explain what they see across the foundry insurance landscape. 2025 NFFS Industry Executive Conference (IEC) session attendees will gain insight into the key factors driving market shifts and learn about the difficulties in navigating high rates, increased deductibles, and finding adequate coverage. Eric and Trenton will also present a new insurance program designed to assist NFFS members by providing real solutions for property and casualty coverage in the foundry industry. This program offers more competitive rates, enhanced coverage options, and measurable cost savings, helping foundries manage risk effectively while optimizing their insurance portfolios. 

To learn more about the new NFFS Foundry Insurance program and explore options for your company, please visit www.nffs.org/USI or for more information about the USI IEC presentation visit 2025 IEC Education.