News | December 3, 2018

Cowan Insurance Group Fills Mid-Market Supply Chain Insurance Gap

Cambridge, ON (GLOBE NEWSWIRE) - Cowan Insurance Group is pleased to announce the launch of Cowan Supply Chain Insurance, the first mid-market supply chain product of its kind in Canada, bridging the gap in standard commercial insurance policies.

Targeting mid-market manufacturing, technology, wholesale and distribution, Cowan Insurance Group works with clients to identify and manage their supply chain risks while protecting against common disruptions. Cowan Supply Chain Insurance offers significant benefits to mid-sized manufacturers by addressing common supply chain disruptions not covered by other insurance products. Natural disasters, port blockages, raw material delays, transport failures, political violence, strikes and other unexpected obstacles—all can cause financial hardship and negatively impact a company’s reputation. 

“Eighty percent of manufacturers have had at least one supply chain disruption in the past 12 months,” said Marcus Morson, Industry Leader, VP Manufacturing. “I’m pleased that Cowan is on the forefront of providing an affordable insurance product that protects mid-size companies from common disruptions not usually covered by other specialized products. I’m proud to offer innovative solutions that meet the needs of our clients.”

About Cowan Insurance Group
As a prominent Canadian-owned and operated independent insurance brokerage and consulting operation, Cowan Insurance Group provides real value in insurance and risk management solutions to businesses, organizations and individuals. With close to 500 employees operating out of 12 locations across Canada, we partner with leading national and international insurance companies to advise on and create retirement, group benefits, disability management and international benefits programs for employee groups. We also offer wealth and asset management as well as financial and succession planning services to individuals, and specialize in property, casualty and credit insurance. For additional information about Cowan Insurance Group, please visit www.cowangroup.ca.

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SOURCE: Cowan Insurance Group