1、From farm to fork:Rethinking food and drink supply chainsPart 3:Insurance innovation opportunitiesFrom farm to fork:Rethinking food and drink supply chains 02ContentsIntroduction 03Supply chain insurance overview 06Current state of the market 07Customer attitudes towards insurance 08Supply and deman

2、d barriers 10Opportunities to enhance supply chain insurance 11Product innovation opportunities 12Enhancing supply chain data 18Increasing communication to move the dial 24Conclusions 25References 27Key:Client quotes Insurance case studies Acceleration opportunity with industry partners General sect

3、or insightsIntroductionFrom farm to fork:Rethinking food and drink supply chains 04Introduction From farm to fork:Rethinking food and drink supply chainsInsurance innovation opportunitiesThe insurance industry has an extensive toolkit at its disposal to help organisations recover from a crisis and b

4、uild resilience in their supply chains,whether removing risks from company balance sheets,providing advice on risk mitigation and management,or mobilising capital to help them recover quickly from a major disruption.With a legacy perception that supply chain insurance can be difficult to arrange and

5、 expensive to purchase,many in the food and drink industry are doubling down on their risk management to reduce their risks.Innovation in the insurance sector powered by investment and collaboration will be essential to meet the industrys needs,a point made clear by John Ludlow in a supply chain mas

6、terclass held by Lloyds Futureset in March 2021:Supply chain cover does exist today,but it can often be complex to underwrite and costly to buy.Additionally,these products will need significant development to support supply chain resilience against future systemic risks.Having affordable and accessi