As 3-D printing continues to evolve and become less expensive, it will provide opportunities and risks for manufacturers of all sizes. In fact, Hewlett-Packard (HP) recently unveiled two new 3-D printers, to be released to manufacturers by the end of 2016. These printers were developed with help from businesses such as Nike, BMW and Siemens.
Although many anticipate that 3-D printing has the potential to revolutionize manufacturing, liability laws surrounding the practice are still unclear. For example, imagine if a business provided a computer aided design (CAD) file to a customer to be 3-D printed by a third party. If the 3-D printed item then led to damage or another type of loss, not only would the business that provided the file be liable, but the 3-D printer’s owner and manufacturer could be held liable as well.
For more information on keeping your business safe from costly litigation, contact Hausmann-Johnson Insurance; we can provide you with our comprehensive risk mitigation resources.