Auto sector faces up to supply chain risk

Auto sector faces up to supply chain risk

Auto sector faces up to supply chain risk

The automotive industry was the most disrupted sector in 2017, as the number of disruption events leapt by 30% from just over 1,300 in 2016 to nearly 1,700, according to recent analysis carried out by JLT and Resilinc, the supply chain analytics and resiliency company. The core problem is that the global automotive sector is dependent upon a highly complex…

AXA XL partners with supply chain data firm to manage cargo risks

AXA XL partners with supply chain data firm to manage cargo risks

AXA XL partners with supply chain data firm to manage cargo risks

AXA XL has partnered with US supply chain data platform Parsyl Inc, to help shipping firms and insurers get a better picture of conditions that perishable cargo experiences in transit, in order to ultimately reduce risks and losses. Based in Denver, Parsyl uses sensors placed with cargo to track conditions through the entire supply chain. AXA XL, the new name…

Risk managers concede industry must work harder to understand supply chain exposures

Risk managers concede industry must work harder to understand supply chain exposures

Risk managers concede industry must work harder to understand supply chain exposures

Risk and insurance managers must work harder to fully understand their supply chain exposures and cannot expect insurers to take on their risk without putting in such work first, said Nordic risk managers taking part in our European Risk Frontiers survey, who warned that obtaining such information is not easy…

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