The Dutch food industry is an important part of Dutch industry as a whole. For a large part of the world, economic growth will be accompanied by an increase in absolute food consumption. The domestic market for food is, however, highly saturated because the population is barely growing. On a global level however, the population is growing and prosperity is increasing and therefore the demand for food increases as well. Almost 70% of the production in the Dutch food industry is exported. Due to these export opportunities, it is expected that the industry and there turnover will increase in the years to come.
But there are always risks. Attention to food safety and delivery reliability are no longer distinctive aspects but a license to operate. In addition, laws and regulations concerning food safety are becoming increasingly stringent.
Ask yourself this. Are you aware of the possibilities that insurance solutions offer when it comes to contractual freedom? Do you involve your insurance broker in contract negotiations? And what do you know about the costs and insurance possibilities for product recall?
Herenvest Corporate is the partner for producers, suppliers and traders in the food sector. We are your business partner for the future.