How to Minimize Risk When Working With International Suppliers

September 29, 2021

Jess Harris, Vice President, Casualty Risk Control Specialist at Sompo International, recently authored an article published in Life Science Leader Magazine discussing the importance of Life Sciences Companies implementing sound contractual risk-transfer strategies when working with international supplies.


She highlighted that, “By negotiating a comprehensive, carefully reviewed contract with the supplier and discussing the risks with the insurer, organizations can minimize the prospect of catastrophic loss, even in the event of a product defect or similar occurrence.”


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