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An excellent insurance policy is able to cover the costs of monetary losses to assets, however, this does not prevent the asset from being damaged, or stolen in the first place. The insurance also doesn’t account for the time and emotional damage that it can cause depending on the asset in question.
Effective asset protection teams are able to deliver peace of mind, with constant updates of the asset if needed for the client, because it may not always be a physical threat to an asset, it can be commercially sensitive, or reputational damage if landed in the wrong hands.
