African Swine fever expected to impact global supply of pork
Commenting on the news of an outbreak of African swine fever in China’s pork supply, which is expected to have an impact on the global supply of pork, RSA’s Food and Beverage Practice Leader, Alan Midson said:
“This outbreak is likely to have far-reaching effects on the global pork supply chain and highlights the need for global food manufacturers to ensure they have the risk management protocols in place to avoid further spread of the disease and mitigate pandemic risk. In this case business interruption cover may be triggered as the dearth of pork availability means manufacturers have to look to European and Middle Eastern suppliers to fulfil demand, or even seek alternative types of meat protein, leading to pressure on other livestock producers.
“In order to control this outbreak, supply chain integrity is key – accurately mapping the key areas in the supply chain where the risk is most prevalent, can not only help prevent an outbreak, but contain it. My advice to food and beverage manufacturers watching this outbreak and hoping it doesn’t impact them- make sure you can answer these questions: If contaminated meat enters the supply chain, have you put measures in place to mitigate the risk to avoid human consumption?
Should contaminated meat enter your supply chain, does your insurance policy respond? Are you confident that your reputation would be protected and do you have the right crisis management protocols in place?”
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With a 300-year heritage, RSA is one of the world’s leading multinational insurance groups. Today, RSA employ around 23,000 people, serving 17 million customers in around 140 countries. While RSA's origins lie in London, RSA is a global company with businesses in both mature and emerging markets. RSA have major operations in the UK, Ireland, Scandinavia, Central and Eastern Europe, Canada, Asia, the Middle East and Latin America. youTalk-insurance sharing insurance news and video.
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