Food & Beverage
Australia`s extensive food and beverage market, is indisputably a key sector that continues to cultivate innovation and diversify to meet the needs of the public.
As the demand for healthy, convenient, and inexpensive food products grows, Australia has established an enviable reputation for its clean, natural products with low chemical residues.
To retain your position as a front runner in this increasingly globalised sector, it is vital to proactively manage the variety of complex risks which could pose serious threat to even well-established organisations.
As a member of the Food and Beverage industry, you may face a number of costly risks including:
Left unmanaged, any of these events could cause significant harm to your brand reputation, financial strength, supplier relations, and consequently the future of your business. We are experts in arranging insurance and risk programs for organisations within the Food and Beverage industry.
We strive to empower you to make business decisions with increased confidence in the knowledge that your future has greater certainty.
We develop solutions for:
From July 1, 2017, some residential Strata Insurance policies will experience significant total premium changes as a result of amendments to the Terrorism Insurance Act 2003 (Cth). The changes apply Australia wide, and relate to the introduction of a Terrorism Levy.
With over 40 food and beverage products recalled so far this year (as of 5th October 2017), the impact of a product recall can cause severe damage to a manufacturer’s reputation and bottom line.
Business Interruption (BI), also known as Consequential Loss insurance, is an essential insurance cover that helps maintain a business’s income should it be forced to cease trading, or reduce trading capacity for a specified period of time, due to an insured event impacting the business’s gross profit e.g.