Why choose IOA for supply chain risk insurance?
Supply chain risk insurance protects your business from the cascading effects of these interruptions, covering financial losses, business interruptions, and the cost of finding alternative suppliers. By understanding vulnerabilities in your supply chain and proactively addressing them, you can ensure stability, resilience, and continuity in your operations.
IOA helps you safeguard your supply chains by connecting your business with comprehensive insurance solutions for your specific risks and industries.
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Expert insight
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IOA’s advisors bring extensive experience in identifying risks within complex supply chains. From over-reliance on key vendors to vulnerabilities in global transportation networks, we work closely with businesses to evaluate their exposures and secure appropriate coverage.
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Access to global insurers and solutions
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Our network of leading international insurers allows us to provide policies that align with your supply chain’s unique dynamics. Whether you operate locally or globally, IOA ensures your business is protected against disruptions caused by natural disasters, labor strikes, or regulatory changes.
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Dedicated claims and recovery support
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When disruptions occur, IOA advisors guide you through the claims process to help ensure prompt and fair resolutions.
Coverage features
Supply chain risk insurance typically includes:
Business interruption coverage
Reimburses lost income and additional expenses incurred during supply chain disruptions.
Contingent business interruption (CBI)
Covers losses caused by disruptions at a supplier or customer location.
Supplier insolvency coverage
Mitigates risks tied to vendor bankruptcy or financial instability.
Event-specific coverage
Protects against risks like natural disasters, labor issues, or transportation breakdowns.
Recovery assistance
Supports sourcing alternative suppliers and logistics solutions to resume operations quickly.
Connect with an IOA insurance expert
Speak to an IOA broker who understands your industry, goals, and challenges.
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