It’s imperative for independent agents to forge close partnerships with restaurant owners to help them overcome the hurdles of the innovations born out of necessity during the coronavirus pandemic.
As terrorism and sabotage risks evolve and an election year looms, insurance agents with clients in the soft occupancy space should be advising their clients on strategies for risk transfer and mitigation.
Three out of 4 restaurant operators say business conditions are already close to normal but, even as the sector bounces back, there are persistent challenges.
Increased reliance on mobile ordering and payments, QR code menus and Wi-Fi access for customers have opened the doors for many restaurants to become targets of cyberattacks.
After making numerous operational changes during the coronavirus pandemic, restaurant owners are now feeling optimistic about the future, according to Nationwide.
Does a host liquor liability coverage amendment in a business owners policy respond when the insured pays for a hosted bar at regular events?
Coverage includes finished goods and beer aging in barrels that are valued at selling price.
As the restaurant industry rebounds, the creative ways restaurateurs used to sustain revenue during the coronavirus pandemic may be opening them up to new exposures.
While restaurateurs continue to deal with industry changes that emerged during the pandemic, they now also face a rapidly changing competitive landscape.
The rise in boutique alcohol producers, from microbreweries to distilleries and wineries, has presented increased risks and complexities in the liquor liability marketplace.
