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Articles by Simon Lusher
Building resilience to working capital challenges in food and beverage
Skip to main content main content, press tab to continue Food and beverage futures By and | February 4, 2025 As economic uncertainty and trade tensions rise, so do non-payment risks. This article offers strategies for food and beverage firms to reduce exposure and maintain healthy working capital. Credit and Political Risk|Direct and Facultative|Risk Management Consulting N/A Working capital is the lifeblood of a business.
How to future-proof your business continuity plans in food and beverage
Until recently, business continuity had not always been at the top of the food and beverage agenda. That changed as events such as the pandemic and the conflict in Ukraine tested many organizations’ resources and supply chains. Extreme weather events have become more frequent and intense, while global conflicts and changes in climate threaten harvests and production of essential commodities.
How to future-proof your business continuity plans in food and beverage
Until recently, business continuity had not always been at the top of the food and beverage agenda. That changed as events such as the pandemic and the conflict in Ukraine tested many organizations’ resources and supply chains. Extreme weather events have become more frequent and intense, while global conflicts and changes in climate threaten harvests and production of essential commodities.
How To Reduce Transit Risks In Food, Beverage And Agriculture
W WTW More At WTW, we provide data-driven, insight-led solutions in the areas of people, risk and capital that make your organization more resilient, motivate your workforce, and maximize performance. We work shoulder to shoulder with you, bringing diverse points of view and a deep commitment to your success. By challenging one another, we achieve breakthroughs because only the best ideas survive. The result?
How to reduce transit risks in food, beverage and agriculture
Skip to main content main content, press tab to continue By , and | November 22, 2024 From farm to table, almost 14% of food is lost or wasted. This blog explores transit and storage challenges in the food, beverage, and agriculture industry and how companies can mitigate these losses.
How to reduce transit risks in food, beverage and agriculture
Skip to main content main content, press tab to continue By , and | November 22, 2024 From farm to table, almost 14% of food is lost or wasted. This blog explores transit and storage challenges in the food, beverage, and agriculture industry and how companies can mitigate these losses.
Navigating Property & Casualty Risks In The Food And Beverage Industry
The P&C insurance market has stabilised after a 'hard market' period of rate increases. However, insurers remain cautious towards some food and beverage risks, concerns range from fire and flood to food-related health incidents. In this blog, we look at what's driving the market and how firms can get a better deal. The risk landscape facing food, beverage and agriculture businesses is rapidly evolving.
How To Get Ahead Of Emerging Environmental Risks In The Food And Beverage Industry
W WTW More WTW The 2024 Global Food and Beverage survey highlights pollution as a key environmental risk, with increased regulatory scrutiny and fines. Companies must manage wastewater, non-hazardous pollutants, and odour, while mitigating biodiversity damage and historic pollution. Robust environmental control systems and insurance can help manage these risks. United Kingdom Food, Drugs, Healthcare, Life Sciences
Product Recall In The Food And Beverage Industry
Food and beverage businesses are more exposed to product recall risks than they have been in the past, and the overall cost of claims may be higher. Many businesses may be underinsured or unprepared for the extent of potential losses. Companies often underestimate the scale of a product recall risk, or believe they're already covered by their general liability policy or product recall extension.
Building Resilience To Emerging Cyber Risks In The Food And Beverage Industry
Innovations in technology, automation and artificial intelligence (AI) have huge potential to transform the food and beverage sector, but rapid digitization also increases cyber risks. In WTW's Food and Beverage Survey 2024, when asked about their greatest near-term opportunities, 48% of respondents said increased use of production technologies such as automation, and 43% new technologies, such as AI[1].
Focus: Insurers can benefit from the new agricultural revolution
Email Print Bookmark Tags: Focus Distribution Technology By Simon Lusher, JLT Specialty 25 Jan 2019 Opinion The rapid transformation of the agricultural sector is an opportunity for the insurance industry to better align its offering with the risk management needs of farmers Already Registered? Sign in to continue reading. If content does not display, please refresh your browser. New to Insurance Day?
Aquaculture insurance is at a crossroads
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