image expired

1. A comprehensive supply chain audit, including a full risk assessment and critique of the long term management strategy.
2. Where necessary, a risk mitigation programme that protects profits, balance sheet, brand and company reputation against the significant implications of supply chain disruption; 
3. Insurance with wider coverage than traditional business interruption policies.

 
This insurance differs from traditional business interruption insurance as it designed to indemnify the operator for any reduction in turnover as a result of an interruption or failure in the supply chain.. This means it is not reliant on an event or damage as a trigger to the reduction and can include such risks as a supplier's insolvency or inability to provide sufficient feedstock, political risks or extreme weather events, which are all excluded under traditional insurance.
 

Miles Thomas, Head of Operations for Savills Energy, added, "By managing the financial implications of supply chain disruption, we think this product will help with the development of new plants in the pipeline, as well as potentially opening the door to interesting refinancing options for existing operators."