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Video Series: Bean-to-Bar, life of a chocolate bar

In our series Bean-to-Bar, we look at the life of a chocolate bar and all the different insurance touchpoints, including the farm, chocolate producer, distributor, and retailer, and into the hands of your consumer.
a lot of variety chocolate pralines

14/02/2023

Happy Valentines Day! Did you get any chocolate today from your significant other or maybe you bought some for yourself? However you’re celebrating, we wanted to give you a taste of the chocolate industry and the world of risk with cacao beans.

Marsh works with some of the largest cocoa traders and chocolate makers across the globe and it's a growing industry, predicted to be worth US$136 billion (130 billion euros) by the end of 2024 with a volume of growth of +2% over the next 5 years. 

There are a multitude of risks now facing all players in both the chocolate and wider food and beverage industry including geopolitical tensions, climate change, economic and cost of living changes influencing consumer behavior; the need for supply chain diversification; increasing cyber-attacks; and more extreme weather events to name a few. 

“We partner with every client to design and deliver tailored and competitive risk and insurance solutions in the face of these growing global risks impacting their supply chain,” said Kristof De Bremme, Marine, Cargo & Logistics Leader for Marsh Specialty Europe.

This video series looks at the life cycle of a chocolate bar with the different risk points where insurance is needed, including the farm, producer, distributor, and retailer, and finally into the hands of the customer. Take a look and get in touch with the team today on how we can help safeguard your business’ future.

#Risk #Insurance

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