A.M.BestTV: Growth of Craft Brewing Presents Risks and Opportunities

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FOR IMMEDIATE RELEASE

OLDWICK - AUGUST 28, 2014 10:28 AM (EDT)
This A.M.BestTV episode looks the growth of microbreweries, which is driving new coverage needs. Insurers, owners and Best's Underwriting and Loss Control Center highlight the industry's unique mix of hazards.

Scott Greico, president, Middle Market, at The Hanover Insurance Group, noted the uniqueness of the brewery industry and the specialized coverages that are needed given the possibility of business interruption, breaking down of equipment, more and higher taxes, spoilage, food contamination and loss of quality control.

According to Best's Underwriting and Loss Control Center, automobile liability, general liability and workers' compensation are the three main items that should be considered when underwriting a brewery.

Click here to view the video program: http://www.ambest.com/v.asp?v=brew814 .

Other people who appear in this episode include:

• Peter Whalen, Owner, The Whalen Agency; and


• Peter Doering, Co-Founder, Two Roads Brewing Company

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A.M.BestTV covers exclusive A.M. Best information and reports, targeted topics and key developments in the (re)insurance industry every Monday, Wednesday and Friday. Sign up for alerts of episodes at http://www.ambest.com/multimedia/ambtvsignup.html. View A.M.BestTV episodes at http://www.ambest.tv .

A.M. Best Company is the world's oldest and most authoritative insurance rating and information source.