Tariffs!

Glen:

The leading story on every newscast and network, regardless if it’s television, radio or print is “Tariffs”! Corporate America is spending more time and resources understanding and managing the impact of tariffs than they are running their operations. 



The number one question I continue to get asked is: “Are tariffs insurable?” Sadly, the current answer to that question is: “No”.

With that said…it is a critical business risk that every organization is currently facing and needs to better understand so they effectively manage their financial impact.

Below are two links that I hope will provide some greater understanding and guidance. The first one is specifically on Supply Chain and the multiplying impact tariffs can have as goods travel between several different countries through the manufacturing process and how McGriff and MMA can help you better quantify this risk. The second article is a summary of an amazing publication by MUFG Securities that takes a look at the Global Tariffs by country and offers powerful strategies and predictions. If you would like a copy of the full and complete MUFG Securities Report on Tariffs, please send me note. 

My McGriff team and I believe in challenging the status quo of managing Corporate Risk of simply paying premiums that enrich the insurance companies. We are constantly learning so we can discuss strategies that will bring advanced tactics, solutions and value to you and your company. If you’re the type of organization or person who believes in betting on yourself, if you want to take more control of your Corporate Risk, please give me a call.

Glen Carlson     (714) 941-2942      gcarlson@mcgriff.com