Leavitt Food Program
Direct Access To Insurance Underwriter
The Leavitt Food Program provides direct access of food companies to insurance underwriters. Direct access improves communication between you and your insurance company. Leavitt’s in-house underwriting team works closely with you, tours your facilities and reviews your risk management objectives to understand your unique circumstances and business needs. This interaction enables you to tailor insurance coverage within your budget and risk tolerance.
Underwriting Authority
Leavitt Group has been granted underwriting authority up to $50 million limits per policy. Using this authority, we have designed and own the Copyrights to several coverage enhancements to offer those companies who qualify. A partial list includes:
- Coverage for Criminal Strict Liability Defense with limits up to $10 million per company and employees of such companies;
- Coverage for your customer’s expenses related to their crisis consulting expenses they incur following a contaminated product you sold them;
- Coverage for professional service fees you incur following a contaminated product loss.
Additional Coverage Offerings
In addition to our in-house underwriting authority, we also access capabilities from every major insurer and a large number of regional insurers in the U.S. We supplement their offerings with several insurance coverages, some of which we designed, to address your exposures. We tailor insurance policies to work in concert with other policies to achieve your risk management objectives.
Strategic Partner Network
We are members of a strategic partner network of independently owned companies providing various services to food companies. Network members include: supply chain management and track & trace, food lobbying organization, plant sanitation experience, law firms to design & review risk transfer in contracts, banks & private equity, forensic accountants and a crisis response firm. Often, we are able to use the information and experience within our partner network to enhance loss control knowledge to improve insurable risk. This can result in insurance premium credits we can offer our customers.
We have also teamed with Leavitt Partners, whose staff has held senior roles at the U.S. Department of Health and Human Services, the Food and Drug Administration (FDA), and the U.S. Department of Agriculture (USDA). This team is internationally recognized for their food safety experience. For more information about Leavitt Partners, please visit leavittpartners.com.
Our Approach
Many food & beverage companies have already discovered significant value available through the Leavitt Food Program. They embrace our risk analysis process and like working directly with us as their underwriter and agent for other policies where we work as their agent. They like having the ability to tailor their own insurance program and to only pay for coverage they need. They like an insurance design where policies dovetail to close gaps in coverage or improve coverage terms.
Contact Us
If you are interested in learning more about how we work or the services we offer, please fill in the contact information below and one of our food team members will contact you.