As global supply chains become more complex and vulnerable, insurance is increasingly critical in managing risks, write Reed Smith’s Bert Wells, Cristina Shea, and Adrienne Kitchen. Supply chains face various disruptions—ranging from natural disasters to cyberattacks—that can lead to significant revenue and profit losses. To address these risks, businesses are turning to insurance solutions such as Contingent Business Interruption (CBI) insurance, supply chain insurance, and cyber insurance. CBI insurance helps cover lost profits due to disruptions affecting third-party suppliers or customers, but its effectiveness depends on policy terms and coverage limits. Supply chain insurance, which covers broader risks, is customizable and includes protection against disruptions from political instability, labor strikes, and infrastructure failures. Cyber insurance, meanwhile, safeguards against digital attacks, which can cripple essential supply procurement and fulfillment systems. Given these challenges, companies must regularly review their insurance policies to ensure comprehensive coverage for all potential supply chain disruptions. This includes understanding policy exclusions, geographic coverage, and ensuring essential elements like cyber insurance are included in the program.