Conifer Launches Suite of Insurance Products for the Craft Beverage Industry

Monday, January 11, 2016 9:15 PM UTC

BIRMINGHAM, Mich., Jan. 11, 2016 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq:CNFR) today announced that, through its insurance carrier subsidiaries, the Company has launched a suite of commercial insurance products for the Craft Beverage industry.

Conifer Director and Executive Vice President Nicholas J. Petcoff commented, “We have been carefully studying the microbrewery and craft beverage industry as a natural complement to our core competencies of providing insurance solutions for the hospitality industry. We are pleased to now formally launch this suite of products through our insurance company subsidiaries.”

Conifer’s suite of products is generally available in most states on both admitted and surplus lines platforms through the Company’s insurance carrier subsidiaries: Conifer Insurance Company, and White Pine Insurance Company.

This suite of products encompasses all major lines of business including general liability, property, liquor liability, equipment breakdown, commercial auto and umbrella.

Specialized features include coverage enhancements such as:

Beverage Product Leakage
Spoilage Coverage
Peak Season - coverage for increased inventory to meet seasonal demands
Product Recall Expense
Off-Premises Service Interruption (including overhead transmission lines)
Special Event Coverage (Craft Beverage Festivals, Tastings, etc.)
Tour Liability

Target classes include:

Brew Pubs
Micro-Breweries
Regional Craft Breweries
Nano Breweries
Micro / Craft Distilleries
Specialty Craft Beer/Wine Shops

About the Company

Conifer Holdings, Inc. is a Michigan-based insurance holding company formed in 2009. Through its subsidiaries, Conifer offers insurance coverage in both specialty commercial and specialty personal product lines marketing through independent agents in all 50 states. The Company completed its initial public offering in August 2015 and is traded on the Nasdaq Global Market [Nasdaq: CNFR]. Additional information is available on the Company’s website at www.CNFRH.com.

Operations Contact:
Phillip J. Gajewski, CPCU, ARM
(248) 559-0840
[email protected]

Investor Contact:
Jessica Ramsey
(248) 262-5986
[email protected]

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Conifer Launches Suite of Insurance Products for the Craft Beverage Industry

Editor's Picks

Welcome to EconoTimes