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Insurance for food manufacture

Aug 29, 2019
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Food manufacture insurance is a complex business with many potential pitfalls to cover for. Many food brands have ruined their reputation due to product recalls, and employee safety is another key concern for food manufacturers with staff working in factories with machinery. Manufacturing companies must consider all aspects of risk in their business when planning and choosing insurance.

Three core areas of risk for food manufacture

The main risks for food manufacture businesses fit into the three categories outlined below.

Inferior Building Materials
Injury to third parties and product recall
Cyber risk through intellectual property and computer systems

The video below explains considerations on each aspect of risk outlined above, and how to prepare for them [embed]https://youtu.be/vOuj5BpwCJc[/embed]

What insurance do I need for my business?

A qualified specialist broker can advise you on a business continuity plan to help avoid risks like the ones outlined above. To discuss your risks and insurance requirements speak to me Rami Fahmy today.

Dairy Food Manufacture Insurance for food manufacture

General Advice Warning: This advice is general and does not take into account your objectives, financial situation or needs. You should consider whether the advice is appropriate for you and your personal circumstances. Before you make any decision about whether to acquire a certain product, you should obtain and read the relevant product disclosure statement.

All information above has been provided by the author.

Rami Fahmy, NSURE, ABN 26 125 953 273, AFSL 233750