46% of Asia-Pacific businesses don't insure supply chain disruption, says Zurich

future-technology

Despite 60% of businesses experiencing at least one supply chain disruption in the past year, with 25% exceeding ‎$1m (£820,000) in losses, the Business Continuity Institute Supply Chain Resilience Report 2016 found that 46% of survey respondents in Asia-Pacific didn't insure their losses - meaning they were responsible for paying the full costs. The BCI, in partnership with Zurich for an eighth year, found the following consequences of supply chain disruption: loss of productivity (68%); in