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Food and Beverage

Get more from your risk and insurance approach with insight, analytics and expertise tailored to the food and beverage industry from our regional and global network of specialists.

Stay on top of new and emerging risks — from growing automation and digitalisation to the impact of conflicts and climate change on food production — with our global and regional network of food and beverage risk management specialists.

We combine deep specialist knowledge of the food and beverage industry with embedded data analytics and a multi-discipline approach to help your risk and insurance approach work smarter.

Giving you a smarter way to manage food and beverage risks.

We can help your food and beverage business overcome evolving challenges

  • Address rising costs and inflation
    As raw materials, input and energy costs rise, we help you control the costs you can have power over, optimising your risk and insurance program and offering constructive challenge to discover efficiencies.
  • Tackle your labour shortages
    Help improve your recruitment, retention and engagement of employees at all levels in a competitive market by harnessing our employee experience, health and wellbeing expertise.
  • Build resilience across your supply chains
    Support supply chain resilience in economic and geopolitical volatility by deploying our risk management expertise and powerful analytics tools.
  • Manage increasing automation and cyber risk
    As technology increasingly underpins production, cyber risks including ransomware attacks are intensifying. Help protect your business with WTW’s cyber risk reviews, recommended controls, and guidance to present your risk more persuasively to insurers.
  • Respond to climate and sustainability drivers
    Environmental, social and governance issues (ESG) including climate and sustainability are increasingly driving the decisions of key stakeholders. Get a clearer understanding of how to manage and develop resilience to climate risk using our bespoke analytical solutions and tailored advice.

How WTW can help your food and beverage business achieve its strategic objectives?

You can call on our insight and expertise to:

Understand your long-term priorities and the unique risk profile of your business

Determine your tolerance to risk, using our analytical tools to understand your risk appetite

Identify improvements to your risk mitigation approach and risk transfer options

Improve your resilience through support from our wide-ranging risk management team

Optimise your total cost of risk and insurance spend.

Access to a wide range of risk and insurance solutions

As a global risk adviser and broker, we provide access to experts connected to the full insurance market, meaning we can create holistic solutions for your food and beverage business.

Multidiscipline approach to food and beverage risk management

Take advantage of a wider perspective on the risks impacting the food and beverage industry from risk engineering, data and analytics, multinational client service and policy wording specialists.

We offer a wide range of food and beverage risk management products and services, including tailored support to help you:

  • Build resilience across your supply chains
  • Manage cyber risks from increasing automation
  • Address emerging geopolitical challenges
  • Protect against environmental and climate risks
  • Reduce the overall cost of risk to your business.

Get more from your risk spend with risk analytics for food and beverage

Help minimise the total cost of risk to your business with our evaluation and analysis of your risk exposures. Our actionable data insight uncovers efficiencies and identifies opportunities to optimise your total cost of risk.

You can better predict risks and plan more effective risk management strategies with our advanced loss modelling capabilities, including catastrophe and climate risk modelling.

Our risk and insurance analytics offer data-driven perspectives on the urgent issues impacting your financial performance, including:

  • Where do your greatest climate risks lie and when will they likely manifest?
  • What are the cyber threats most likely to impact your business and how effective are your cyber controls?
  • Is your risk transfer strategy efficient and how can you make it work smarter?
  • How can you extract more value from your risk and insurance strategy?

Global and regional services for food and beverage businesses

We make it easier for food and beverage businesses to get more from your total cost of risk with worldwide reach, supporting global placement and claims strategies.

Our multidiscipline teams can provide you with regular, in-depth insight on emerging risks for the food and beverage industry, whether environmental, geopolitical or technological.

We help you understand the impact of emerging and inter-connected risks on your business and how you can address them effectively and efficiently.

To find a smarter way to manage food and beverage risks, get in touch with our industry specialists.

Related capabilities

Risk Management Consulting

Make your risk and insurance work harder with analytics. Better prepare for uncertainty and opportunity with data-powered risk management solutions and specialist actuarial support.

Climate Risk

Choose a smarter way to identify, quantify and manage climate-related risks and opportunities with our global network of climate risk and industry specialists and advanced climate analytics.

Cyber Risk Management and Insurance

Safeguard your digital infrastructure and assets against cyber threats with our tailored coverage solutions and experienced teams.

Risk and Analytics

Optimize risk management, improve financial performance and gain actionable insights with our integrated risk and insurance analytics and consulting services.

Health and Wellbeing Practice

The Health and Wellbeing Practice can support your business in preventing harm to psychological health and safety and promoting workplace wellbeing creating a healthy and productive workplace.

Transport Risk Management Practice

The Transport Risk Management Practice can provide guidance and support on both proactive and reactive fleet risk management techniques.

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