environmental Strategist, between the lines: Miss-delivery of product is a huge environmental exposure most businesses do not consider. The article below highlights how in one of the most regulated industries, Nuclear, miss-delivery of products takes place. How easy is it for less regulated raw materials and products?
How would you like to find out a delivery made to you by Fed Ex had nuclear contamination because it got contaminated on the truck carrying the mislabeled nuclear material?
A miss-delivery loss that comes to mind is one where the driver delivering fuel to a county garage, delivered it to the wrong county. Not the wrong gas station across the street but the wrong county. Roughly 15 years of cleanup and millions of dollars later the county received a no further action letter. The problem was such because the county had just had their fuel tanks filled a few days prior and when the driver sat back to read the paper thousands of gallons of gas went over the surface, into municipal and storm sewers before the driver noticed and shut off the gas.
There are several pollution policies that can cover miss-delivery of products. What is your clients financial assurance strategy to protect themselves from miss delivery of product/s?
https://www.usatoday.com/story/news/nation/2017/08/01/nuclear-labs-radioactive-mail/104058890/