Jorge R. Aviles, left, and Jae Lynn Huckaba, right, of Hunton Andrews Kurth. Courtesy photosInsurance Coverage for Emerging Supply Chain Risks in Latin America
Monitoring and managing the risks that may impact supply chains in Latin America are key to maintaining their functionality and reliability, as a single point of failure can quickly ripple to stop or limit business operations and cause serious financial and reputational losses.
January 17, 2025 at 01:50 PM
6 minute read
Businesses that rely on robust supply chains to do business in Latin America are facing increased disruption risks. Top of mind for risk managers hanging Latin American operations and logistics are concerns about geo-political instability (tariffs), climate change (extreme weather events), cybersecurity (data theft/ransomware) and financial liquidity (insolvency risks), among others. Monitoring and managing the risks that may impact supply chains in Latin America are key to maintaining their functionality and reliability, as a single point of failure can quickly ripple to stop or limit business operations and cause serious financial and reputational losses. This article provides insight into the insurance coverage options available to manage some of the key supply chain risks in 2025 for policyholders doing business in Latin America.
Contingent Business Interruption
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