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Industry

Food and Beverage

We help food and beverage businesses with tailored risk management and insurance solutions.

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In a fast-changing world, food and beverage businesses face a growing list of risks, from climate change and water shortages to geopolitical instability and cyber threats.

We can help you navigate this rapidly changing risk landscape and find opportunities to grow through global thinking and creative risk and insurance solutions. We support your long-term success through a risk-based, insight-led approach, combining our embedded data analytics with deep specialist knowledge of the sector.

Achieving the optimum outcome for your food and drink business

How our Food and Drink Practice can support your business overcome evolving challenges.

End-to-end risk management

We can help your food and beverage business overcome evolving challenges through our specialist teams in risk engineering, data and analytics, multinational client service and policy wordings.

  • Understand and mitigate your unique risks
  • Build resilience across your supply chains
  • Manage the cyber risk that comes with increasing automation
  • Address emerging geopolitical challenges
  • Protect against environmental and climate risks
  • Reduce the overall cost of risk to your business

What sets our food and beverage insurance services apart

Multidiscipline approach

When you partner with us, you gain access to WTW’s vast network of specialists. We understand the emerging threats, from growing automation and digitalization to the impact of conflicts and climate change on food production.

Sophisticated risk analytics and loss modelling

Our sophisticated loss modelling capabilities, including catastrophe and climate risks, can help you predict likely risks years ahead and plan effective risk management strategies to deal with them.

Insights on emerging risks and trends

Our multidiscipline teams can provide you with regular, in-depth insights on emerging risks, whether they are environmental or geopolitical, we can help you understand how they may affect your business.

Cost control

Our evaluation and analysis of your risk exposures can provide insights that help to minimize the total cost of risk to your business.

For specialist help discovering smarter ways to manage risk in the food and beverage sector, please get in touch.

Footnote

  1. Global Food, Beverage and Agriculture Risk Report 2024 Return to article
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