Why Do I Need Brewery and Distillery Insurance?
Brewery and distillery insurance provides comprehensive coverage against unique, industry-specific risks, and it is vital to work with an insurance provider who recognises this. Tailoring policies to the precise needs of each business is a skill in itself and one in which we are proud to excel at Matrix Insurance.
Why Matrix Insurance Is the Perfect Choice to Protect Your Brewery
Choosing the perfect insurance partner is a key business component and can have long-lasting implications. At Matrix Insurance, we are proud to be a trusted, highly effective provider and embody the following values and methodology:
● Unrivalled expertise
● A broad, flexible range of coverage options based on your needs
● Assistance with our convenient claims process and post-purchase support
● Full transparency
● A proven track record and outstanding reputation in hospitality industry
● A proven track record and outstanding reputation
● Fair, affordable prices with no nasty hidden surprises
● Clear, concise, and effective communication
● Courtesy and respect
Neglecting to source suitable insurance for your brewery or distillery can be an expensive, potentially disastrous decision. Matrix Insurance ensures you don’t overlook this critical business element.
Tailored Brewery and Distillery Insurance
We specialise in tailoring insurance coverage specifically for businesses engaged in brewing and distillery. When you partner with us, you will be working with experienced, skilled insurance brokers who can provide open, honest advice, clear, concise communication, and transparency in securing ultimate protection for your business. We are flexible and accommodating and never compromise on our professional values.
What Kind of Insurance do Breweries and Distilleries Need?
No two businesses are alike, from their area of expertise, location, and staff numbers to environmental responsibilities, health and safety requirements, and more. Although they may not be the first issues that spring to mind when we think of this industry, some common types of business insurance that other industries require still apply, including:
● Property, contents and stock cover
This protects against costs due to accidental property or contents damage to property, including any equipment and stock.
● Business Interruption
This protects the business against losses from the business resulting from damage to the building and you cannot trade. Critical cover in the event of a large loss.
● Public & Products Liability
This protects the business from 3rd Party bodily injury and property damage from a negligent act of the insured.
● Management Liability
A broad cover which protects the business against a wide range on Management liability claims from 3rd parties, which extends to Employee Practices Liability, Fidelity and fines and penalties from Statutory bodies.
● Workers Compensation
If you employ staff then you must take out Workers Compensation insurance. Matrix Insurance brokers are able to access Workers Compensation Insurance for Western Australia, Tasmania, ACT and Northern Territory. Queensland, New South Wales, Victoria and South Australia are all direct markets for Workers Compensation and we can point you in the right direction to ensure that you set this up.
● Machinery Breakdown
Running a brewery or distillery requires a lot of expensive machinery and equipment and can be costly to repair or replace if they breakdown. We can arrange a blanket machinery breakdown policy which covers all plant and equipment and can even extend to stock spoilage and cover the loss of business if you cant operate due to the machinery not working.
● Cyber Liability
From data breaches to digital viruses, damaged hardware, and more.
Final Thoughts
Good quality, comprehensive brewery and distillery insurance is not just another expenditure to add to the list; it is a critical element that protects your business against almost any eventuality. Strategically, there is no discussion and legally, you are responsible for providing certain compulsory aspects of any policy.
When you entrust your coverage to Matrix Insurance, we will go above and beyond to deliver the perfect policy to suit your needs and give you all the support you need to make an informed decision.
