Insurers launch a $95M trade disruption insurance facility using AI to protect businesses from supply chain disruptions.

McGill & Partners, along with Tokio Marine Kiln and Convex, have launched a new Trade Disruption Insurance Facility (TDIF) offering up to $95 million in coverage. Using AI technology from Altana, the facility aims to protect businesses from supply chain disruptions caused by geopolitical issues. It enhances risk assessment and provides broader coverage, improving service speed and accuracy for clients and underwriters.

November 26, 2024
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