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Commodity Price Risk or Scarcity of Materials
The global commodity market continues to suffer from wild mood swings, often due to geopolitical volatility or extreme weather events.
Industry Overview
Industrials and Manufacturing
Transforming to Address Both Old and New Challenges
As global demand for goods surged following the initial shock of the pandemic, businesses across the industrials and manufacturing industry struggled to keep up due to materials shortages, supply chain failures, and challenges in attracting and retaining key talent. Against this backdrop, managing inventory was near-impossible at times, with cost fluctuations, rising cyber threats and geopolitical uncertainty compounding issues.
To move forward with clarity and confidence, companies across the sector must adopt more holistic risk management and workforce strategies that cover both physical and human assets, take into account expanding environmental, social and governance (ESG) expectations, and reflect the industry’s rapidly rising insurance needs.
At Aon, our teams have deep experience across all segments of the industrials and manufacturing industry—including advanced manufacturing, aerospace and defence, automotive, and heavy industry firms—and we partner with these clients to provide both catastrophic risk and daily cost-of-risk management, implement novel risk transfer solutions by harnessing powerful modelling tools, and build dynamic and resilient workforces.
Top 5 Current Risks
According to our latest Global Risk Management Survey, the biggest risks facing the Industrials and Manufacturing industry include:
More Insights
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Article
Turning Risk into Resilience in the Industrials and Manufacturing Industry
From commodity price volatility and economic uncertainty to supply chain disruption and cyber threats, the industrials and manufacturing industry faces a convergence of risks that are reshaping the operating environment and requiring a new approach to risk.
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Article
Cyber Risk: Turning Uncertainty into Opportunity
Cyber risk tops the global risk agenda in 2025 — and is forecast to retain the number one position through to 2028. As digital threats evolve, organizations should strengthen resilience, quantify exposure and adapt their risk strategy.
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Alert 5 mins
Client Alert: Key Strategies for Businesses Navigating Tariff Impacts
Navigating new sweeping tariffs requires strategic risk management and robust decision making. Aon is actively assisting clients in assessing their potential impact and providing solutions to mitigate associated risks.
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Article 28 mins
2026 Human Capital Outlook: 5 Forces to Act on
As workforce expectations rise and business risks intensify, HR leaders must act on five forces shaping 2026 — from AI and skills to healthcare costs, analytics, pay transparency and retirement readiness. Discover how to build a strategy that balances performance, cost and experience.
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Article 7 mins
Protect and Grow: An Integrated Approach to Tackling Global Volatility
In today’s increasingly volatile global economy, business leaders are focusing on two key areas of decision-making: Risk Capital and Human Capital.
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Article 7 mins
ESG Data: How Businesses Can Use Data to Gain an Edge
To make the most out of their ESG data, companies can draw on different approaches to benchmarking and increase their attention to governance.
