Retailers have always had to evolve to survive and the retail sector has shown resilience in the face of the economic crisis. However, tough competition in all sub-sectors, corporate social responsibility and environmental demands, the continuing pressure of new regulation, technological advancements and international political instability make the sector challenging to navigate. Future survival will depend on retailers managing risks that could significantly impact brand reputation while simultaneously leveraging their customer relationships.
Our qualified agribusiness team understands agricultural economies, food processing operations and grocer industry issues and needs. For over 25 years, WFDR Risk Services Agribusiness specialists have worked with clients in the farming, agribusiness, food processing, vineyards and grocery industries to provide in-depth expertise, specialized knowledge and responsiveness for insurance and risk-financing alternatives. We know your risk management program is crucial to your success and profitability.
We also provide cover for food processing clients which have exposures similar to the agribusiness area. With many unique risks facing food processors, we provide the knowledge and expertise to help identify your liabilities and protect your profitability. There can also be a large concentration of issues relative to processing plants, and we design programs to include equipment breakdown coverage, product recall, food spoilage and food safety-related coverage and other protection solutions.