Global Insurance Broker Marsh Uses Altana to Mitigate Compliance Risk

Global insurance broker and risk management firm Marsh is using Altana to facilitate comprehensive supply chain mapping and risk monitoring capabilities for its advisory clients.

In the strategic partnership, Altana found that U.S. company's exposure to the Uyghur Forced Labor Prevention Act is concentrated in Tiers 2 through 4 of their product value chains.: 4% of exposures were at Tier 1, 28% at Tier 2, and 68% at Tier 3.

As described in an article "Driving upstream compliance: Proactive supply chain management for global manufacturers," Marsh found:

Complex routing patterns can further complicate supply chain visibility. Many shipments typically pass through multiple countries before reaching US CBP locations. Analysis of seizure data shows that Malaysia, Vietnam, and Thailand represented the highest shipment values, followed by China in fourth position and India in fifth. These indirect routing patterns can obscure the true origin of goods and make compliance verification more challenging.

Altana, the world's first Product Network, enables companies to manage chaotic, globe-spanning product value chains, building resilience and aiding compliance, from forced labor laws to deforestation and tumultuous tariff policy.