Why Contingent Business Interruption and Supply Chain Insurance Matter for New Jersey Businesses

In today’s interconnected business world, even a single supplier outage or service disruption can halt operations, hurt revenue, and threaten a company’s survival. Unexpected events — from cloud outages to cyber issues — are becoming increasingly common.

If you want to read more about these real-world examples, including insights from insurance experts, check out the full article here.

Protect Your Business with LG Insurance
At LG Insurance Agency, we help New Jersey businesses identify vulnerabilities in their operations and supply chains. By tailoring insurance solutions like Contingent Business Interruption (CBI) and supply chain insurance, we help companies ensure continuity when the unexpected strikes. These coverages are designed to protect businesses not just from direct losses, but also from disruptions caused by key suppliers, service providers, or technology failures.

Lessons from the AWS Outage

Aaron Levine, founder and CEO of LG Insurance Agency, was featured in the article highlighting the importance of these policies. He shared a real-world scenario that underscores why this coverage is critical:

“Most small- and mid-sized business owners aren’t thinking about contingent business interruption, but we all rely on suppliers. During the AWS outage, for example, a local bagel shop’s online ordering and menu board were down. How many other businesses had a challenge staying open and fully operating?”

Levine also emphasized that these protections are often overlooked but essential:

“Businesses may need to purchase additional coverage or a separate policy to ensure they are fully protected. But by investing in CBI and supply chain insurance, companies can safeguard themselves against unforeseen disruptions that could otherwise jeopardize their operations and financial stability.”

Why This Matters

Even minor disruptions in today’s complex business ecosystem can have major consequences. CBI and supply chain insurance ensure your business is prepared, resilient, and protected from supplier, technology, or service failures that could interrupt operations or revenue.

Get Protected Today
Don’t wait for a disruption to highlight coverage gaps. Contact LG Insurance Agency to review your policies, assess your risks, and create a tailored insurance program that protects both your operations and supply chain — keeping your business running smoothly no matter what comes next.