Food & Beverage
Insurance solutions that support your appetite for growth
Our in-depth experience working with distributors, manufacturers and processors within the food and beverage industry allows us to adapt quickly to dynamic industry conditions. As you manage new technologies, product innovations and complex supply chain disruptions, we will ensure your insurance program stays relevant and robust.
- Damage to brand and reputation, and product recall remain two of the greatest risks facing the Food and Beverage sector in Australia.
- Increased focus on food safety legislation and OH&S management requires additional consideration for risk transfer and balance sheet protection.
- Supply chains are becoming more complex with growers, processors, packaging, distribution and retail all having exposure from traditional property damage and business interruption exposures but also product tampering/extortion and contamination exposure.
- The Australian Food and Beverage industry needs to be flexible so that its product supply can react to consumer trends such as value for money and convenience, as well as health and wellbeing trends.
Are you covered?
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General Liability
Liability for Personal Injury & property damage (including Financial loss) associated with manufacturing process and distribution of consumable product
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Directors & Officers Liability
Protection for individual directors and officers in the event of actual or alleged acts, errors or omissions when managing a company.
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Contaminated Products & Crisis Containment
Protection for claims associated with Product Recall due to potential for injury or damage as a result of Accidental Contamination, Malicious Product Tampering of Government Mandated Recall.
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Marine Transit Insurance
Cover for loss or damage to goods, machinery and equipment in transit from overseas or within Australia (including storage and consignment).
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Property & Business Interruption
Protection of Physical Assets and consequential loss of product after an event such as fire, by covering ongoing costs so you can recover and rebuild.
News & Insights
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Mon 22 Jul, 2019
The impact of Product Recall and Contaminated Products
Damage to Brand and Reputation and Product Recall remain two of the greatest risks facing a competitive Food & Beverage sector in Australia. Supply chains are becoming more complex...
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Wed 17 Jan, 2018
Are you a small business in NSW? You may be eligible to save on your insurance in 2018.
The NSW Government recently introduced a new small business stamp duty exemption under the Duties Act 1997 (NSW) for eligible insurance acquired on or after 1 January 2018. This means...
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Mon 09 Nov, 2015
National Insurance Brokers Association (NIBA)
Since 1988 Honan Insurance Group has been a member of the National Insurance Brokers Association (NIBA), an organisation which represents the interests of the insurance broking sector in Australia. NIBA...
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Wed 10 Sep, 2014
SMEs Embrace Facebook & Instagram
Younger small and medium enterprises (SMEs) have responded to the need of using new media technologies for business with almost 41% of SME owners under the age of 44 using...
