Longfellow’s Insurance BrokersWine Industry Specialists

•Established 1989

•45 Years Experience

•Industry First

•Training

•200+ Wine Clients Australia Wide

Who is Longfellows?

“Longfellows believes each vineyard and winery operation is as unique as the wine they produce, “No two wines – or insurance policies – are the same: that’s why we structure your policy to suit you and your personal situation.”

I have a rural farm pack….it covers me adequately…..I think?

The difference between Beef and grapes……. Longfellows – we specialise in identifying the unique exposures of the wine industry from the “vineyard to the table.”

Does your broker know your business??

I am also producing Cider and Beer

Contract WinemakingWhat is a Contract?Do you have a Contract?Does your Contract specify Responsibilities of each party?

Risk Management

Consider –Emptying a 10,000L tank and the winemaker forgets to open the tank top. As a result the tank is significantly damaged by implosion.

ARE YOU COVERED?

Your cellar hand accidentally tops

up barrels of Chardonnay with Shiraz.

Does your policy cover this damage to wine?

Expandable polystyrene (EPS) - Sandwich Panel

EPS is considered by insurers to be hazardous when used as a building material – WHY, you cannot put the FIRE out in this inclosed PANEL

You have had your premium estate Shiraz fruit contaminated by a harvester hydraulic OIL leak found at the receivable bin. How is your grape/wine stock valued – Can your insurer differentiate between estate and regional fruit values? What about cleaning costs?

Fire…..HAVE YOU ADEQUATE COVER/SUM INSURED?

Fire….

Sum Insured: $1,000,000

Actual Value: $2,000,000

Co-insurance: 80%

Loss Amount: $250,000

Insurer pays: $156,250

  (Less any Deductible)

Uninsured: $93,750

  (Plus any Deductible)

Flood....A definition of Flood;

“....Inundation of normally dry land by water overflowing from the normal confines of any natural watercourse of lake....”

The Future