Food and Beverage
Spend more time on quality control
The food industry directly affects consumers and it is essential to leave no doubt about the origin and quality of your products. Your operations can be severely disrupted by industrial hazards, liability losses, machinery breakdown, health contamination and exposure risks, and various regulatory realities. These can have a devastating impact on your production line and, therefore, on your financial operating margin.
At BFL CANADA, our team understands that your industry is highly complex, particularly when it comes to risk management and the impact it can have on your business. As a broker, we offer personalized service and the implementation of structured and alternative risk transfer solutions that allow you to better control the risks you face.
Discover your coverage solutions
We know that quality control is your top priority, and we have come up with a series of coverage solutions designed to keep you fully operational, even in times of crisis.
BFL CANADA’s expertise and unparalleled access to custom and competitive insurance products will provide you with peace of mind, so you can continue to enjoy the fruits of your labour.
CONTAMINATION
PRODUCT RECALL
CONTAMINATION
Covers the company in the event of accidental or criminal contamination and pays for withdrawal costs, losses caused by a recall, as well as operating losses and product rehabilitation costs declared by your company or by public authorities.
Whether such contamination or recall is caused by the abnormal development of a natural component, a dosage or design error, a safety defect, the presence of foreign substances, a change in food hygiene standards or laws, or whether the product is qualified as unfit or dangerous to health, this insurance protects you.
Given the large number of frozen deals and the scarcity of new processes on the market, buyers with available capital to implement will tap into their networks to find exclusive business opportunities.
FOOD MANUFACTURER’S ERRORS AND OMISSIONS
Covers your business in the event of physical or material damage to a third party or financial loss resulting from fault, negligence or recklessness on your part.
This insurance policy ensures your defence in case of possible legal proceedings and bears the costs incurred.
BUSINESS INTERRUPTION
Covers your business in the event of a disaster that causes a serious reduction or even a total stoppage of your production.
This policy also covers additional costs such as the cost of decontaminating machinery, the cost of destroying unsold contaminated products, additional costs for re-marketing the products and professional fees, so that your activities can resume as soon as possible.
FREIGHT TRANSPORT
Overland route
Protects against the risks related to logistics and goods transported by truck in the event of a collision, overturning or rollover that would damage your products or delay customer delivery. Your products are also covered in case of loss due to theft or fire.
Seaway
Covers the product from the beginning of the journey to its point of sale, regardless of the location of the loss. Also insures your product in the various warehouses and in transit from your door to your client’s door.
DIRECTORS AND OFFICERS LIABILITY AND EXECUTIVE RISKS
Protects your corporate entity and its directors’ and officers’ personal liability from third-party lawsuits and defence-related costs. Coverage should include employment practices liability, environmental liability defence costs, outside directorship liability and more.
POLLUTION LIABILITY
ENVIRONMENTAL
POLLUTION LIABILITY
Covers the risks of environmental damage that your company could be held responsible for as a result of an accident during product loading and unloading or the collision/overturning of a conveyance vehicle. This policy protects you against a claim for pollution or environmental damage and associated costs that could be devastating for your business.
EQUIPMENT BREAKDOWN
Covers costs related to physical damage or financial loss in connection with a machinery breakdown or equipment failure (heating, air conditioning or refrigeration) that could cause the loss of perishable goods. This insurance policy will cover the cost to repair or renew the machine.
Representatives available across Canada
The BFL CANADA advantage in a competitive market
BFL CANADA has achieved extraordinary growth because of our consistent ability to perform and deliver due to our expertise, professionalism and dedication, as well as our entrepreneurial culture. This culture and work ethic have driven our growth and attracted organizations with which we have established meaningful and mutually beneficial partnerships.
WHY DOING BUSINESS WITH BFL CANADA IS IN YOUR BEST INTEREST?
We are insurance brokers, we don’t work for an insurance company.
- We negotiate on your behalf to get the best protection, rate and deductibles.
- We work with you to develop tailor-made solutions adapted to your reality.
- We deal with all major insurers that specialize in your industry.
- We have offices across Canada to meet your local needs and partners in over 140 countries for your global ambitions.
- We are solution seekers for companies of all sizes and every industry.
At BFL CANADA, we help our clients get peace of mind. Most insurance policies require various insurance companies to share the risk. As your insurance broker, we are able to canvass the insurance marketplace, approach financially sound insurers and always act in your best interest.
