Food Processing Insurance
Do you manufacture, process or distribute food or beverage products? If so, you face unique exposures in an ever-changing risk environment. The business insurance experts at BNC insurance and Risk Advisors customize clear, broad and accurate insurance programs for the food and beverage industry.
We offer business insurance solutions for these and other food-related risks:
- Product recall (The industry is seeing a significant increase in product recall issues)
- Food spoilage
- Refrigeration breakdown
- Off-premises utility failure
- International import/export risks
- Malicious/accidental contamination
- Adverse publicity and social media
- Brand/label/reputational risk
- Supply chain disruption
- Business continuity
- Regulatory change (i.e. Food Safety Modernization Act and Adulterated Ingredient Act)
- Contact review
- Loss of profits
New York workers’ compensation rates are on the rise, and property insurance rates have increased slightly as well. Now is the time to be proactive and know all of your food processing insurance options. The experts at BNC Insurance will make sure you have tailored business insurance coverage at the most competitive rates available.
We offer access to high market limits. If you’re interested in a self-insured, partially-self-insured, or captive arrangement, we can help you explore the pros, cons and comparable costs of those business insurance options as well.
For many food and beverage companies, business insurance is one of the biggest expenses on the balance sheet, just after payroll and employee benefits. If you can save even 5%, you can significantly influence your bottom line. BNC Insurance will help you control your total cost of risk with smart business insurance and proactive risk management strategies.