Action needed against new risks in counterfeiting

Companies including producers, wholesalers and retailers should assess their insurance and clarify the coverage they have against the risks posed by counterfeits.That’s one of the key recommendations to come from a new Zurich report examining the growing risks associated with counterfeit products.According to the report – Counterfeit products: new risks in global value chains – the globalised economy, digitalisation and investment by organised crime groups are resulting in a rapid rise in the production and organisational quality of counterfeiting.

 

http://www.insurancebusinessonline.com.au/news/action-needed-against-new-risks-in-counterfeiting-194329.aspx