Supply-Chain Coverage: Products Lag Behind Risks; Take-Up ‘Disastrous’

The industry is certainly aware of and gaining knowledge about supply chainsbut the products being offered arent necessarily keeping up with the risks, some experts say.

By Chad Hemenway | Updated on July 08, 2013

The industry is certainly aware of and gaining knowledge about supply chains—but the products being offered aren’t necessarily keeping up with the risks, some experts say.

Warren Meigs, deputy property executive for the U.S. and Canada at AIG Property Casualty, said during Advisen’s Property Insights Conference on June 11 that supply-chain exposures are not understood well enough and that contract wording is not uniform.

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