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