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Supply chain issues drive demand for BI coverage

Posted On: Mar. 2, 2023 9:56 AM CST

Business interruption

Hugo Wegbrans, global head of broking at Willis Towers Watson PLC, said that supply chain issues that emerged during the COVID-19 pandemic have spurred a demand for relevant business interruption coverage, Strategic Risk Europe reported. Mr. Wegbrans added that the pandemic exposed major coverage gaps and companies remain un- or under-insured for supply chain problems.