Top 5 steps to insuring your supply chain
from Supply Chain Digital
The events of 2011 — including the Arab spring protests, the Sendai earthquake and tsunami and now, the Thailand floods — have caused supply chain disruptions to 85 percent of businesses. Insurance coverage for supply chain disruptions is typically found in property insurance policies, which usually contain Contingent Business Interruption coverage. CBI covers your company's losses due to damage suffered by either your suppliers or your customers. Despite the importance of this coverage in our global economy, policyholders often do not focus on it.
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