Challenges and Opportunities in the Growing Brewery Insurance Industry
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Paul Martinez, program manager for Brewery Pak, an insurance program administered by Pak Programs, recently spoke with Insurance Journal's Elizabeth Blosfield about the recent growth of the brewery insurance industry. Currently, Brewery PAK serves as the largest insurance provider for breweries in the U.S. and has been writing breweries for approximately six years. It underwrites all lines of coverage on behalf of Great American Insurance Company and works through the insurance agent or broker of each client's choice.
During this audio interview, Martinez not only discusses Brewery Pak's strategy and vision, but also the brewery insurance industry as a whole, risk management and safety practices, common exposures for breweries and insurance coverage options. He explains how the craft brewery industry has evolved in the past several years, particularly on the East coast in places such as New York and New Jersey, and how brewery insurance coverage differs from traditional restaurant insurance.