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22 juli 2019

Unpredictability – a chink in the supply chain

By Maths Stanser
General Manager, European Markets
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An earthquake, a fire at a supplier, a major cyber attack, business interruption events can stop a business in its tracks. How can firms develop resilience to unpredictable and potentially catastrophic events?

Interconnectivity

Nat cat

Today, problems are quick to arise, but take longer for businesses and supply chains to recover. Longer periods of disruption are evident in business interruption insurance, where periods of indemnity can now extend to as much as 24 or 36 months, up from the more usual 12 months.

Political risk

Dependency

Intangible assets

Resilience

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