Insurers provide wafer-thin cover for semiconductor supply chain risks
Posted On: Mar. 17, 2023 9:51 AM CST![Supply chain risk](https://bicontent.businessinsurance.com/0720bfe2-2b79-423c-ba62-03fdacd46cc2.jpg)
According to a new report from Lloyd’s of London and Willis Towers Watson PLC, insurance presently covers only small parts of the supply chain risks and the solutions provided by insurers offer only a wafer-thin patchwork of protection, Strategic Risk Europe reported. To address these protection gaps, semiconductor supply chain businesses are increasingly partnering with insurers and building their resilience.