Why the food and beverage sector now faces major insurance challenges

Mactavish, the specialist outsourced insurance buyer and claims resolution expert, is warning companies operating in the food and beverage sector that any significant operational changes they have made in response to Covid-19 could place them in breach of their existing insurance policy terms, potentially leaving them unable to access crucial cover in the event of a major claim. It is also warning that the pandemic’s intensification of hardening insurance market conditions (as well as increasing costs) will also reduce cover and make it more difficult to comply with policy requirements or recover claims.

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