“Large-scale supply chain disruptions and natural disasters in recent years have shined a light on the need for businesses to have proper insurance cover for their ability to generate revenue.” Today on the blog, Aruna Chandrapalan ACMA ACILA CFE and Gerald Cheang, CPA, ISCA FFP, MCIArb weigh in on considerations for businesses evaluating their business interruption (BI) cover. To learn more, visit https://bit.ly/4eSYpqA.
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Experienced global B2B marketing professional | Proposition & Content Marketing | Social Selling | Thought Leadership
Companies are seeking a better understanding of the interdependency between different locations in their supply chain and are relying on risk management expertise to gain clarity and to effectively manage risks. Find out more in this recent Insurance Business UK article featuring my colleagues Howard Kingston and Bjorn Hartong CPP, MSc,MBA #RiskManagement #SupplyChain #ZurichCommercialInsurance
“Customers are having to really think about what they do, where they source their raw materials from and about the security that’s associated with that." In an interview with Insurance Business UK, Howard Kingston and Bjorn Hartong CPP, MSc,MBA discuss the current supply chain and cargo challenges, how businesses are rethinking their supply chains, and how insurers can support them in managing these risks. Read the article here:➡️ https://lnkd.in/edhBjjPA
Zurich on unpicking the Gordian knot of challenges facing the cargo insurance market
insurancebusinessmag.com
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Business interruption insurance covers lost income and expenses during disruptions like natural disasters, supply chain issues or fire. If you have a business, it's important to review and update your policy regularly to match your current revenue and expenses. Ask us about what business interruption insurance is required for your business, to ensure your business continuity if something should go wrong. Visit our website aiaia.com.au or call us on 1300 033 763. #aiainsuranceagencies #businessinterruptioninsurance #regionalbusinessinsurance
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Business interruption insurance covers lost income and expenses during disruptions like natural disasters, supply chain issues or fire. If you have a business, it's important to review and update your policy regularly to match your current revenue and expenses. Ask us about what business interruption insurance is required for your business, to ensure your business continuity if something should go wrong. Visit our website aiaia.com.au or call us on 1300 033 763. #aiainsuranceagencies #businessinterruptioninsurance #regionalbusinessinsurance
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Mitigate risks and ensure business continuity with the right business interruption insurance. Learn how to protect your restaurant from unexpected disruptions and keep operations seamless. Read more at https://bit.ly/3WGpV3m #BusinessInterruption #RestaurantInsurance #RiskManagement #BusinessContinuity #RestaurantSuccess #InsuranceCoverage #ProtectYourBusiness #OperationalResilience #MitigateRisks #StayPrepared
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According to recent analysis from MarketScout, in 2023, the transportation industry was assessed as the sector with the largest rate increase at plus 7.26%, as the total rate increase across all industry groups hit 4.56% in the year. Is your company ready to explore alternative risk options?
U.S. Commercial Insurance Rates Up 4.56% in 2023: MarketScout - ProgramBusiness | Where insurance industry clicks
https://programbusiness.com
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In an era where business interruptions could arise from any corner, be it a pandemic or geopolitical strife, the foresight to manage business interruption risks effectively sets leaders apart. Our latest article sheds light on the strategic advantages of BI insurance and the pivotal role it plays in securing your business's future. Read it now! https://bit.ly/3V2lqQp
Managing business interruption risks amidst uncertainty
marshcommercial.co.uk
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eti logistics support ltd Compliance, Risk Management, Cost Savings , Business Development, FORS, Consultancy
Its nearly a new year, the time when we all make promises to do better. Although a symbolic and traditional starting point, why wait until then? Have you been thinking about ways to save money on your transport operation? With record numbers of hauliers getting into difficulty, its never been more important to review and focus on how you can save money across your whole operation. We have a proven track record in helping businesses improve efficiencies and thrive in challenging situations. We have the expertise and network to help you make a real difference to your operational costs. From Insurance provider reviews to Risk Management and ongoing driver performance, we can provide a detailed review of your business and implement appropriate actions to help you run your business in the most efficient way possible. Set some new targets for 2024. make one of them a review and call us now for a no-obligation chat to see how we can help. 01933 654834 - 07979 813980 - [email protected] https://lnkd.in/gCHkixw #costsavings #efficientlogistics #fuelefficiency #fuelmanagement #insurance #insurancesolutions #riskmanagement #riskmitigation #drivertraining #businessanalysis #fleetmanagement #damageprevention
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Tailored Insurance Solutions: We understand that each shipment is unique. Our team works closely with you to identify risks and recommend insurance options that fit your cargo's specific needs. Claims Assistance: If issues arise, our experts are here to guide you through the claims process efficiently, ensuring you receive timely compensation. Risk Assessment: Our logistics specialists conduct detailed risk assessments to advise on packaging and transportation methods, minimizing the risk of damage or loss. Secure your shipments with us today! Visit our website www.openbordershipping.com to learn more. #CargoInsurance #FreightForwarding #LogisticsSolutions #ClaimsAssistance #RiskAssessment #OpenborderShipping #ProtectYourShipments #LogisticsExperts
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Intangible risks are on the rise Here is why neglecting intangible risks is bad for your reputation and finances https://lnkd.in/gCfgGx8D
Why neglecting intangible risks is bad for your reputation and finances
wtwco.com
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With an increasingly globalized supply chain, organizations are being impacted by events happening far away from their facilities. Contingent Business Interruption (CBI) coverage can help protect businesses from the financial losses caused by these disruptions. Below we share a few tips for successfully navigating CBI losses: 🔷 Contingent time element insurance provides coverage for a policyholder's losses when there is physical damage to the property of customers and suppliers. However, this coverage is often more limited than losses due to direct physical damage. For example, sometimes coverage only applies to certain named suppliers or customers. 🔷 With the damage occurring away from the Insured's premises, the period of indemnity can often times be difficult to ascertain. In some situations, a policyholder may need to work closely with the impacted supplier/customer to get details of the property damage and repair timeline. 🔷 Historical data on the volume of product purchased from the impacted supplier or sold to the impacted customer will be essential to measure the disruption caused by the loss. This information can be used to demonstrate how the policyholder's business sustained a loss of production or sales. At #RCG, we specialize in helping policyholders document, quantify, prepare and present complex contingent business interruption losses. Please reach out if you'd like to discuss or learn more. #ClaimInsights #InsuranceClaims #ForensicAccounting #LitigationSupport #DataAnalytics
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Director de Ingeniería en Addvalora W. Moller
2moInteresting!