Lockton’s dedicated food and drink insurance team understands the uncertain landscape you operate in. Leveraging decades of industry experience with key insurer relationships, we’ll deliver a bespoke insurance programme that safeguards your business, even in the most unpredictable times.
Protecting your business in a fast-moving industry
The food and drink sector is a dynamic and often complex environment for businesses to operate in. Amid increasing regulatory scrutiny, rapidly-evolving customer preferences and constant technological advances, industry players face a myriad of diverse risks.
Lockton’s dedicated food and drink team understands the uncertain landscape you operate in. Leveraging decades of industry experience with key insurer relationships, we’ll deliver a bespoke insurance programme that safeguards your business, even in the most unpredictable times.
From helping to protect your supply chains to de-risking your manufacturing operations, we design our contractual reviews to help you and your business stay resilient in the face of product recalls, data breaches or disruption.
We look after your specific requirements as they evolve, working proactively to apply the depth and breadth of our expertise to your advantage. Taking a long-term approach to your needs, we’ll support your strategy and help you maximise new opportunities to meet your performance goals.
What we bring to your business
Product recall expertise - Our team of dedicated product recall brokers are skilled in placement of contaminated products (CPI), trade name restoration and reputation risk protection
Placement solutions - Food and drink manufacturing risks are becoming increasingly difficult to place in the market – with fire safety systems and exposure to composite panels of particular concern for insurers. Our close insurer partnerships allow us to secure cover even for hazardous trades
Marine cargo - Our marine cargo team has extensive knowledge and expertise in the food and beverage industry. This includes the creation of a valuable niche product for ‘protein producers’ which covers the insured against loss of the asset as well as loss of revenue
Claims expertise - We have worked with our food and drink clients across retail and wholesale, helping them recover over $1billion of losses. We nurture close relationships with our clients and organise regular claims workshops to explore ways to prepare for a BI claim
Consultative contract reviews - By examining the terms of your existing contracts, we make sure that you’re able to take full advantage of coverage you have in place for trigger events
What we cover
Cyber – specialist manufacturing product
Directors’ and officers’ liability
Property damage and business interruption
Download our brochure
Our food and drink specialists provide tailored insurance solutions that meet the needs and inherent exposures your business faces. Download our brochure to get a greater understanding of the insurance and risk management capabilities we have to offer.