TRADE DISRUPTION covers business interruption and/or Extra Expense arising from disruptions of the supply chain and/or business relationships, even when there is no physical loss or damage to the Insured’s assets. Trade Disruption insurance is generally all risk, including terrorism but can be tailored to the Client’s needs.
Coverage includes:
- Loss of net profits from delayed production and loss of sales under contract
- Extra Costs and Expenses including:
- Transportation Costs
- Contingency Measures
- Customer/Public Relations
- Management Resources
Benefits of TRADE DISRUPTION Coverage
- Secures income that is supply chain-dependent
- Transfers risk of contingent expenses to insurers
- Strengthens relationships with customers by enhancing ability to deliver on
commitments
- Lowers the cost of capital by protecting the income stream
- Enables Insureds to maintain lower inventory levels
- Improves corporate governance by managing threats to profitability
Through partnerships with other expert firms, we can arrange for financial analysis of your exposures as well as risk mitigation services.
Protect your revenue stream by utilizing Trade Disruption coverage to minimize the exposure from damage to 3rd parties. Contact us for further details.