An outbreak of the avian flu virus could seriously disrupt theshipping industry, and there is little insurance protectionavailable to help it through a pandemic, according to a reportreleased from Aon Limited.
In its report, "Aon's Marine Insurance Market Review," theChicago-based insurance broker's London office said: "The spread ofdisease has historically been more prevalent by sea than by air. Anoutbreak in a port could interrupt the supply chain with vessels inquarantine and crew trapped in an incubation cauldron. Ship, cargoand port managers must be aware of the precautions and plan forbusiness continuity."
In a separate statement on the subject, Aon noted that asidefrom life and health insurance, there is little insuranceprotection for loss of business income resulting from a pandemic.That reality makes the need "for robust business continuityplanning the top of the company board agenda," Aon said.
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