Drawing on a deep understanding of industry complexities, we specifically designed Gold Medal Vintage Insurance to protect New Zealand wine businesses like yours, whether you run a large winery, are a label-only operation, or work as a contract winemaker.
With that reassurance, you can focus on day-to-day operations and long-term growth with the knowledge that your business will stay afloat, whatever happens.
For more than 30 years, we’ve been delivering this suite of insurance solutions with a focus on first-rate service, so you can be assured your business is adequately protected.
Gold Medal Vintage Insurance policy covers -
- Agreed value for grapes, bulk or bottled wine, including while in transit and export
- Contamination, spoilage and leakage
- Winery and vineyard buildings and equipment
- Vineyard poles, trellises, vines and ancillary property
- Bulk or finished wine temporarily stored at non-specified locations
- Machinery breakdown of vineyard and winery plant and equipment
- The increased cost of outsourcing winemaking and bottling or relabelling following a loss to your facilities
- The value of the wine that would have been produced from grapes still on the vine following a loss to your processing facilities and where processing elsewhere is not an option;
- Loss of income for restaurant or cellar door sales and contract processing income
- Liability arising from damage or injury to third parties and their property
- Legal defence costs for unintentional breaches of a range of statutes, including prosecutions under Health and Safety, Resource Management and Fair Trading Acts
- Product recall costs following accidental contamination, malicious tampering or product extortion;
- Environmental liability
For full details of the Gold Medal Vintage product, get in touch with Dan Szegota -
dan.szegota@icib.co.nz
+64 27 681 4005