AmWINS Brokerage is proud to introduce one of the broadest insurance programs available for wine stock - from grapes through final distribution. Anywhere in the supply chain you will be insured for “All Risk” coverage, including Earthquake, Earthquake Sprinkler Leakage & Flood, and to include Loss of Income, as the stock will be valued at “Selling Price” should a claim arise.
This is a broad stock-throughput policy with customized proprietary features tailored for the wine industry. Risk management features are added to assist clients to insure the highest integrity in maintaining quality standards. In addition, we will have a claims handling process that involves using one of the largest wine and grape brokers for assisting wine replacement valuations.
The program is best suited for wineries producing over 24,000 cases with multiple locations in or out of the united states.
Catastrophic Capacity Available
Stock value for bulk or cased wine at limits up to:
• $50M any one location, higher limits available
• Earthquake, Earthquake Sprinkler Leakage & Flood Limit: Quotes will
be at limits or specified per application
• Contamination from external sources
• Transportation of grapes to winery: $100,000 (higher limits available)
• Wine Leakage
• Selling Price Clause for grapes to finished wine
• Extra Expense - $1,000,000, higher limits available
• Property at unnamed location - $1,000,000 (higher limits available)
• Third Party Errors & Omissions
Broad Form Contamination:
• Spoilage to grapes in process upon delivery
• Wine in process due to temperature change
• Previously undetected organisms natural to the process
from external sources
• Wine ready for shipment or during shipment
Claims management
37 years of experience in supplying accurate information and valuations about the supply trends of grapes and wine replacement values to leading lending Institutions around the country.
Risk management
An established process by which quality is determined, certified and quantified on a standard accepted by and within the industry from one of the leading wine testing laboratories.
Simplified single page application
• One Page form to include Statement of Wine Stock Values
• Profit Sharing Clause: The insured will be able to participate each annual policy period for potential return premium of 12.5% based on excess of Credit over Debit losses of 65% of estimated annual premium.