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Using trade credit insurance in the energy industry

Here's another tool to help companies manage supply chain, business interruption risks.

By Rosalie L. Donlon | Updated on February 26, 2016
Liquefied natural gas companies are selling gas all over the world, putting more product at risk of supply chain disruption. (Photo: iStock)

Along with death and taxes, companies can count on the risk of business interruption to their operations at some time.

The supply chain may be affected by a major snowstorm anywhere in the United States or a typhoon in Indonesia. A cyber attack on a third-party vendor can take down a company’s website or result in a hack. One outgrowth of managing these risks has been the expansion of Business Interruption insurance that covers many business income losses.

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