Climate, Labor Disruptions Leave Companies Reliant on Insurers

Supply chains for corporate America will likely be vulnerable to disruptions from natural disasters, geopolitical strife, and labor strikes in the year ahead, heightening companies’ dependence on insurance to manage their risks.

Failures in supply chains rank among the top current risks to businesses, a survey of executives, risk managers, and finance professionals by insurer Aon Plc showed.

Major supply chain threats in 2024 alone included the CrowdStrike software glitch that paralyzed airports, banks, and others running Microsoft Windows; hurricanes Milton and Helene that hit industrial sites in the Southeast; strikes by union dockworkers and Boeing Co. employees; and ...