Aon unveils Next Gen FAB facility

Aon has introduced the Next Gen Food, Agribusiness and Beverage (FAB) Facility, a proprietary insurance solution for mid-to-large companies in North America. The program consolidates coverage for key exposures such as regulatory changes, supply chain disruptions, and climate-related risks into one integrated facility.

Backed by Aon’s Client Treaty and supported exclusively by Lloyd’s A+ rated markets, the facility provides streamlined access to capacity, reduces coverage gaps, and improves cost efficiency. It also leverages Aon’s data and analytics to enhance claims handling and deliver insights for better decision-making.

The launch comes as Aon’s Global Risk Management Survey highlights the sector’s top risks: commodity price volatility, supply chain failure, and business interruption—pressures intensified by climate change, digitalization, and shifting consumer habits.