Today’s global food and agricultural companies face heightened pressure to be increasingly integrated across the value chain. The application of new technology has helped businesses meet this demand, leading to improved productivity and efficiencies across the supply chain.
Although this digital transformation offers new opportunities for innovation, reach, and scale, it creates new vulnerabilities amid the myriad of risk-related challenges already present across the industry.
The growth of yield has slowed to an unsustainable rate in the face of a rapidly growing global population. Coupled with increasing environmental concerns such as land use issues and extreme weather impacts from droughts and hailstorms, and unforeseen transportation bottlenecks arising from the pandemic, companies within the agricultural sector are exposed on many fronts.
Based on our agricultural industry expertise, our dedicated risk management professionals can assist your business with creating a proactive plan that can help support sustained growth, identify opportunities for investment in new technologies, and lower your total cost of risk. Working together, we can help you protect your people, your property, and your bottom line.