This is an industry in midst of change, the days of just doing press work are gone.
Printers largest exposure is typically Property & Business Income exposures. The high dollar Property schedules were a result of having any number of 4, 6, 8 or 10 ink color presses that had large footprints and were made overseas with parts that were limited in availability.
Add to that the high Business Income limits due to revenues being directly tied to the physical location of the presses and time it takes to have repairs made and you’re looking at some heavy values.
These days we are seeing printers continuing to do press work on the older presses however most are transitioning to use of newer digital presses which have some advantages. They can be monitored/maintained off-site and are quicker to repair or replace and if the press goes down the digital proof can be sent to another like press which would produce consistent color results to those printed on another digital premium lowering the Business Income exposure.
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