What if a brewery's supply chain is disrupted? What if they you get an ingredient they need? Consider hops. Partially blamed on the proliferation of the craft brewing industry, hops are getting harder to come by. It has brewers, especially the smaller ones, scrambling to find the crop that adds aroma and flavor to their brews. As a result of the shortage, the average price of hops has nearly tripled in recent years.
American Brewery Insurance helps you examine your unique supply chain risks helps brewers make sure there will be no disruptions in production or distribution, or unanticipated costs that could affect profit margins, among other things.
Many craft breweries do not keep large stocks of ingredients on hand, making regular shipments from suppliers essential. Supply chain insurance will cover losses resulting from decreased production or increased production costs in the event that one or more of your suppliers is unable to provide the materials you need.