Exporting food products to the European Union can be a lucrative opportunity for food exporters, but it also comes with its own unique set of challenges. One of the biggest hurdles that exporters face is complying with the stringent EU pesticide residue requirements. With maximum residue limits (MRLs) that are often lower than those in…

We all know that recalls can be extremely costly activities but they are a critical element of the product supply business, and the final line of defense to keep consumers safe. That’s why a reputable food liability insurance program is a must. Manufacturers are under extreme pressures unlike anything we have seen in recent times; factors…

Every food and beverage company plans to fulfill its contractual obligations on time. But what happens if mitigating circumstances lead to a breach of contract?  There are many reasons why a food company might not fulfill its contractual obligations, including natural disasters, supply chain issues, or government sanctions. To protect your company against potential litigation,…

Nearly 1 in 5 businesses goes out of business yearly due to the impact of delinquent accounts. This is the reason why Trade Credit Insurance is such a critical component of your risk management strategies. By insuring some or all of your trading partners’ payments, you guarantee that you will receive that money, whether it’s…

Food and beverage wholesalers face unique risks when running their businesses due to buying, selling, and storing food products in bulk. These risks include theft, damage from natural disasters, and even lawsuits. Having the right insurance policies is essential when disaster strikes.  If your food or beverage wholesale business owns or operates any vehicles, your…

The food and beverage industry has seen a steady increase in losses due to natural disasters, such as hurricanes, tornadoes, floods, and earthquakes. It’s a problem that’s not going away. Over the next decade, climate change is expected to cause a $2 trillion reduction in workplace output and productivity. Natural disasters can cause significant disruptions to businesses’ operations,…

The food and beverage industry has undergone significant changes over the last few decades. From the rise of e-commerce to the growing popularity of plant-based foods, consumers are looking for new, healthier options with faster delivery. Yet, the food system continues to face challenges from climate change, land degradation, water scarcity, and other environmental issues.…