As supply chains grow longer and the risks increase, somecompanies are finding available insurance solutions wanting.According to a recent survey, 61% of executives at big companieshave experienced a supply chain interruption in the last five yearsthat led to a loss, but only 30% had recovered losses or extraexpenses from their insurers. More than half (52%) of theexecutives say they have never recovered on a claim related to asupply chain or operational loss.

The survey of 67 executives, most of them risk managers, wasconducted by Dempsey Partners, a forensic accounting, claimsmanagement and risk consulting company in New York City.

John Dempsey, the firm's managing partner, says companies'limited recovery reflects “a combination of some losses simply notbeing covered and then also the application of deductibles,retentions and things.”

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Susan Kelly

Susan Kelly is a business journalist who has written for Treasury & Risk, FierceCFO, Global Finance, Financial Week, Bridge News and The Bond Buyer.