Navigating Supply Chain Risks and Insurability

Rhea-AI Summary

WTW (NASDAQ: WTW) has released its 2025 Global Supply Chain Risk Survey, following up on their 2023 report. The study surveyed 1,000 senior executives from companies with annual revenues exceeding $250 million, including risk managers, supply chain managers, and CEOs across various industries.

Key findings highlight that cybersecurity and supplier contract vulnerability have become critical concerns in enterprise risk management. The survey also emphasizes the growing importance of digital transformation and data availability, along with increased focus on executive oversight and specialized risk management teams.

While the research identifies gaps in comprehensive risk management strategies, it also points to opportunities for future development in organizational resilience and risk quantification for insurance purposes.

Positive

• Survey includes insights from 1,000 high-level executives from companies with revenues over $250M
• Company demonstrates leadership in supply chain risk research and analysis
• Identifies opportunities for development in risk management strategies

Negative

• Gaps remain in comprehensive risk management strategies
• Companies struggle with complex supply chain risks and oversight
• Challenges in quantifying and pricing supply chain risks for insurance purposes

WTW Research Network launches Supply Chain Risk Review 2025

LONDON, May 15, 2025 (GLOBE NEWSWIRE) --  WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today launched its 2025 Global Supply Chain Risk Survey. Based on the findings from a comprehensive survey of 1,000 senior executives, the follow up to the 2023 Global Supply Chain Risk report reveals significant shifts in how businesses are managing supply chain risks.

The survey was conducted in November 2024, involving 1,000 senior decision-makers, including risk managers, supply chain and logistics managers, and CEOs across a diverse range of industries. All companies surveyed had annual revenues exceeding $250 million. 

Key Findings:  

1. Cybersecurity and the vulnerability of supplier contracts have become a critical concern and central component of enterprise risk management.   
2. Digital transformation and data availability are becoming top priorities, with an emphasis on aligning supply chain goals with broader organizational objectives.  
3. Companies are increasingly focusing on executive oversight and specialized risk management teams. Although gaps remain in comprehensive risk management strategies, this presents opportunities for future development. 
   

Simon Sølvsten, Head of Organizational Resilience Research at the WTW Research Network, states: “Supply chains are the backbone of any organizational ecosystem. However, their complex design, international reach, and broad exposure to risk present significant challenges for organizations in maintaining the necessary understanding and oversight of inherent risks crucial for building efficient organizational resilience, especially as they strive to keep pace with the evolving risk landscape while avoiding the bias of overemphasizing the likelihood of recent events reoccurring.” 

Hugo Wegbrans, Head of Corporate Risk and Broking Europe, says: “The complexity of modern supply chains presents a unique challenge for the insurance industry, where risks must be thoroughly understood and accurately quantified to enable effective diversification and appropriate premium pricing. Proper risk quantification is essential to ensure that premiums reflect actual exposures, enhancing acceptable risk profiling, competitiveness, and the overall appeal of the market.” 

The complete Supply Chain Risk Review 2025 can be downloaded here.

About WTW

At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.

Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you. Learn more at wtwco.com.

Media Contacts

Sarah Booker
Sarah.Booker@wtwco.com
+44 20 3124 7671

FAQ

What are the key findings of WTW's 2025 Global Supply Chain Risk Survey?

The key findings include: cybersecurity and supplier contract vulnerability becoming critical concerns, digital transformation and data availability emerging as top priorities, and increased focus on executive oversight and specialized risk management teams.

How many companies participated in WTW's 2025 supply chain risk survey?

The survey included 1,000 senior decision-makers from companies with annual revenues exceeding $250 million, including risk managers, supply chain managers, and CEOs across various industries.

What are the main challenges in supply chain risk management according to WTW's 2025 report?

The main challenges include complex supply chain design, international reach, broad risk exposure, and maintaining necessary understanding and oversight of inherent risks while adapting to evolving risk landscapes.

How does WTW's 2025 supply chain survey impact insurance industry considerations?

The survey highlights the need for thorough risk understanding and accurate quantification to enable effective diversification and appropriate premium pricing, ensuring premiums reflect actual exposures and enhance market competitiveness.