Industry overview

From the field to the table, when you are in the food industry, insurance is one key ingredient that cannot be overlooked. Food manufacturing companies face a unique and complex set of risks with high competition, low margins, numerous regulations, and consumers who are ever more aware of food safety issues and concerned about the environment. Chubb understands the industry and is well positioned to proactively help food companies navigate and thrive in this challenging environment.
What is Food insurance?

Food insurance offers specialized coverage to help food companies address industry-specific challenges and ensure business continuity, including solutions for multinational operations.

What coverage does Chubb provide?

Chubb offers coverage that protects food companies with solutions for Property, Casualty, Equipment Breakdown, Umbrella, Accident and Health, Cyber, Environmental, Financial Lines, Marine, E&O, and Product Recall, all supported by global expertise and advanced risk management.

Who is it for?

This insurance is designed for manufacturers of finished consumer food products, including those producing bread, snacks, cereal, dairy, fruits, vegetables, frozen specialties, juices, pasta, soft drinks, and alcoholic beverages.

What services does Chubb provide?

Chubb provides dedicated underwriting, expert claims handling, and advanced risk consulting services, with global capabilities and specialized support for food companies at every stage of their business.

Use case example

A frozen dessert manufacturer worked with a Chubb Food Underwriting Specialist to address spoilage concerns, resulting in a uniquely crafted policy that met the insured’s needs.

Who we serve

Products and services

Property insurance with equipment breakdown
Industry-specific coverage that can be purchased packaged or monoline for losses caused by equipment breakdowns, with a focus on getting your company back to business as soon as possible.
Product recall insurance
A recall event can be debilitating to a company's balance sheet; product recall coverage can reimburse you for expenses and other financial losses that are typically excluded on a general liability policy.
Multinational insurance
U.S.-based companies with global operations want their insurance programs to be consistent across their sites and operations. Chubb’s tailored multinational coverage can help smooth that process.
General liability insurance
Coverage can be purchased packaged or monoline and include a blend of traditional insurance and alternative risk financing mechanisms to help manage your company’s liability risk.
Environmental insurance
Protect your property investments and your bottom line with our broad-based coverage for environmental threats ranging from construction project pollution to storage tank issues to mold exposures.
Umbrella & excess casualty insurance
Our robust, feature-rich policies offer insurance protection over and above your underlying policy limits and coverage options for your organization’s unique exposures.

Commercial package insurance

In addition to coverage for large, multinational companies, Chubb covers small and midsize businesses with three package policy options — Business Owners Policy (BOP), Benchmarq, and Customarq. Each combines property, business income, and general liability insurance, and can be tailored for your specific exposures.
Business owners policy (BOP)

Protect your small business with this customizable insurance package policy. 

Benchmarq

Designed to be scalable for small to midsize businesses, Benchmarq is a flexible, customizable package including property, business income, and general liability insurance. 

Customarq

Our proprietary package product offers midsize businesses property, business income, and general liability insurance with a wealth of options to suit your needs. 

Resources

Insights & expertise

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