Insurance gap leaves food and beverage industry exposed to significant risks

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Insurance gap leaves food and beverage industry exposed to significant risks


“The food and agricultural industry is one of Australia’s most important sectors and contributes significantly to the country’s economic growth. The company enjoys an international reputation for producing safe, high quality products and is a strong exporter of products in various categories to global markets. “However, the industry faces an increasingly wide range of disruptive forces, from droughts and natural disasters to trade disputes and regulatory changes, as well as persistent risks such as product recalls, factory and warehouse fires,” he said. “Many of the challenges food and beverage companies face today are of a different nature than those they have overcome before. Our results show that escalating external threats increase risks of instability across all organizations, across political, climate, climate, cyber and workforce areas.”



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2024-06-27 18:10:31

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