Wholesalers and retailers encounter a number of risks specific to their industry. In addition to the core insurance and risk management services required of any business, they need to concern themselves with these issues, as well:

Product Liability
Are you aware that, even though you don’t actually manufacture a defective product, you can be named in a lawsuit if you sell it? Also, did you know that, if you import a foreign product that is defective–and the manufacturer has no U.S. insurance coverage–you will be held liable, as if you were the manufacturer?

Premises and Operations Liability
Do you have adequate liability coverage for slip and fall incidents, and other liabilities, given the amount of “traffic” in and out of your facility? Do you have effective measures in place to prevent them?

Pollution
Are you storing items that could become a pollution hazard in the event of a fire or other incident? Are your employees working with contaminants such as cleaning chemicals that present a liability? Do you have equipment, such as refrigeration units, that contain gases or fluids that are hazardous if not contained?

Employment Issues
With the high volume of turnover inherent in many retail operations, do you have coverage to cover the costs of discrimination, harassment and wrongful termination lawsuits?

Loss of Refrigeration
If you handle food or other perishable items, are you prepared to cover the losses if your refrigeration unit fails?

Every business is unique. We look forward to working with you to identify and manage the risks that can impact the future of your company.