The General Council of Mediators and the Spanish Federation of Food and Beverage Industries (FIAB) have joined together to face a serious problem: the lack of insurance in the food sector.
In response to shared concern about the lack of insurance in the food sector, the General Council of Mediators and the Spanish Federation of Food and Beverage Industries (FIAB) have come together to address this critical issue that affects numerous companies in the sector.
During a recent meeting, the challenge faced by food companies due to insurers' reluctance towards certain industrial activities was widely discussed. This is an issue that has generated significant increases in insurance premiums, as well as the practice of underinsurance or even self-insurance, which has a negative impact on the financial stability of companies.
In addition to financial challenges, lack of insurance coverage can have serious repercussions for food businesses, such as loss of quality certifications and difficulties in obtaining financing for growth and necessary improvements to facilities and activities.
Work is underway in collaboration with the General Council of Mediators to explore ways to facilitate access to European funds and obtain tax benefits for companies that invest in security improvements and risk prevention.
In summary, this initiative seeks to provide food companies with the necessary protection and support to face the challenges related to the lack of insurance, thus ensuring their long-term viability and their ability to continue growing in a safe and secure environment.
