Retail

Retail

From high-street stores to e-commerce giants, the retail industry thrives on dynamic consumer demand. However, evolving digital threats, supply chain disruptions and shifting market trends make risk management critical for business continuity and brand protection.

Overview

Retail sector is undergoing a transformation, fueled by rapid digital adoption, omnichannel strategies and evolving consumer preferences. While e-commerce and quick commerce are redefining shopping experiences, traditional brick-and-mortar retailers are adapting to changing footfall patterns and rising operational costs. This shift brings new challenges, including cybersecurity risks, supply chain vulnerabilities and regulatory compliance concerns.

Retailers must safeguard against financial risks such as theft, fraud and product recalls while ensuring smooth logistics and uninterrupted operations. At Edme Insurance Broker, we provide customized insurance solutions that help retailers protect their assets, enhance supply chain resilience and manage financial uncertainties in an ever-evolving marketplace.

FAQs

  • Cybersecurity & digital fraud: Data breaches, payment fraud and cyberattacks on e-commerce platforms
  • Supply chain & logistics disruptions: Inventory shortages, transportation delays and fluctuating raw material costs
  • Product liability & recalls: Defective products leading to customer claims, legal liabilities and brand damage
  • Regulatory & compliance risks: Consumer protection laws, taxation policies and labor regulations
  • Theft & business interruption: Shoplifting, organized retail crime and revenue loss due to store closures or system failures

  • Cyber risk insurance: Protects against data breaches, hacking incidents and fraud in online transactions
  • Business interruption & supply chain insurance: Covers financial losses from disruptions in inventory management and logistics
  • Product liability & recall insurance: Safeguards against defective product claims and the cost of recalls
  • Trade credit insurance: Mitigates financial risks from unpaid invoices and credit defaults

Talk To Us

Contact us to get in touch with an industry or risk subject matter expert, learn more about a specific solution or submit a sales/RFP inquiry.

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DISCLOSURE

EDME INSURANCE BROKERS LTD. (FORMERLY KNOWN AS ADITYA BIRLA INSURANCE BROKERS LTD.)

Registered Office: 2nd Floor, Privillion, East Wing, Sarkhej - Gandhinagar Highway, Vikram Nagar, Bodakdev, Ahmedabad, Gujarat 380054. IRDAI License Number: 146 | Composite Broker | License Valid till: 9th April, 2027 | CIN: U99999GJ2001PLC062239 Corporate Office: VIOS Tower, 6th floor, Off Eastern Express Highway, Sewri - Chembur Rd, Mumbai – 400037 Telephone: 1800 120 2510 | Website: www.edmeinsurance.com In case of any queries/complaints/grievances, please write to us at clientfeedback@edmeinsurance.com.