Food and beverage businesses come in all shapes and sizes. At Midwest Insurance Group (MIG), we understand that your concerns are unique. We work with a variety of clients in the industry every day, each with different needs.
Some of our clients run seasonal operations, dependent on customers from tourist attractions or sports venues. Some maintain high value inventory prone to spoilage. Others need to manage intricate production processes and complicated supply lines, or else handle their point to point fleet and logistics issues in house.
In short, MIG agents can and will take the time to understand the unique exposures that you face on a day-to-day basis. Here are a few examples of food service operations we support with our custom insurance programs:
Maintaining Awareness
As a member of both the Wisconsin Restaurant Association and the Tavern League of Wisconsin, MIG is committed to keeping up to date on the concerns in the industry. We help our clients understand critical state level risks, such as how they might improve food safety or cover against liability under liquor and dram shop law claims. We also constantly update our industry specific OSHA materials to help you maintain compliance.
Securing Your Operations
When you think about the operational side of your food service business, one of the first risks that probably comes to mind is employee injury. While MIG does have return to work programs, safety checklists and training programs to reduce this type of risk, there are other concerns that tend to get overlooked in general business policies.
For example, your current insurance may not protect you against losses stemming from outside claims of discrimination or harassment against your employees. You would need a specific third-party employee practices policy for that. You also may be unaware that cyber criminals are opportunistic.
Individuals have a habit of causing huge losses to small businesses, especially restaurants by stealing credit card numbers and other customer information. Our agents will help you identify, assess and protect against these types of complex risks.
Thinking About the Future
Every solution we develop is different, based on our clients specific needs. For example, here is a selection from the MIG restaurant, food and beverage coverage features:
- Affordable liquor liability up to $1,000,000
- Spoilage on food stock
- Food contamination, with business income and expediting expenses
- Coverage for food trucks and trailers, including loss of income
- Breakage of dishware and glasses
- Employment practices liability, including third-party coverage
- Cyber Liability
- Carriers that accept all lines of restaurant, tavern and food-and-beverage coverages
- Multiple AM Best A rated insurance carriers