Supply Chain Insurance

Each year supply chain disruption creates substantial problems for Canadian businesses, don’t leave yourself open to unnecessary risk.

80% of manufacturers experienced at least one supply chain disruption over the previous 12 months of operation* resulting in measurable financial impact to their business.

  • For 23% of organizations the average cost of a disruption was in excess of $1.4 M
  • 27% of companies faced shareholder concern and a decline in share value
  • 35% of companies saw damage to their brand and corporate reputation

A first of it’s kind for mid-market businesses in Canada, this supply chain insurance product is exclusive to Cowan Insurance Group offering protection from:

  • Natural catastrophes
  • Port blockages
  • Raw material delays
  • Transport failures
  • Political violence and unrest
  • Strikes, and more.

Contact Cowan today to discover how this product can protect your business.

*Source: Business Continuity Institute 2016