Contingent and Supply Chain Insurance 2017-08-31T21:20:30+00:00

Contingent and Supply Chain Insurance

You can take steps to limit the impact of supply chain disruption, such as warehousing inventory and using multiple suppliers when possible. Purchasing specialty insurance policies, including contingent business interruption (CBI) insurance and supply chain insurance can also limit your exposure to loss. These types of insurance reimburse your business for lost profits and related costs caused by disruptions in your supply chain even if your company itself has not suffered any damage.