The Australian market for small to mid-sized wineries and cellar door operators has received a boost with the introduction of Market Lane Insurance Group’s new insurance product, Wine Pack. This industry-specific package is designed to address the unique challenges faced by these businesses, offering tailored protections that are often lacking in standard commercial property policies.

• Multi-site coverage
• Automatic coverage for wine removed temporarily from insured premises
• $250,000 sublimit for accidental damage incidents
• Business interruption coverage
• Optional endorsement for damage to vines and trellising infrastructure

The Wine Pack is underwritten by Market Lane’s subsidiary, The Barn Underwriting Agency, which specializes in complex commercial risks. The Barn is a Lloyd’s underwriter, and this partnership ensures fast response times and direct communication with decision-makers in the event of a loss.

“Wine Pack has been designed specifically for small to medium-sized wineries and cellar doors. It offers a comprehensive solution with a range of winery-specific coverage features and optional endorsements, carefully developed to meet the unique needs of the viticulture industry,” Toby Salmon, Director, Group Head of Property at The Barn, said.

The wine industry faces unique challenges, and standard commercial property policies often fail to address these specific needs. With the Wine Pack, wineries can now access specialized insurance that takes into account factors such as production, storage, and seasonal conditions.

1. Production and storage exposures
2. Seasonal conditions and weather-related risks
3. Business continuity and vine maintenance

These factors are crucial for wineries, which rely heavily on precise temperature control, specific crop management practices, and careful vine maintenance to produce high-quality wines.

Market Lane’s decision to introduce the Wine Pack is a response to growing demand for more relevant coverage in the viticulture space. The company’s underwriting agency, The Barn, has been working closely with industry experts to develop a product that meets the unique needs of small to mid-sized wineries and cellar door operators. The Wine Pack policy is fully underwritten at Lloyd’s, ensuring fast response times and direct communication with decision-makers in the event of a loss. The Barn’s local claims team will be responsible for handling claims, providing a more personalized service to winery clients. In summary, the Wine Pack is an industry-specific insurance product designed to address the unique challenges faced by small to mid-sized wineries and cellar door operators in Australia. With its range of winery-specific coverage features and optional endorsements, this product offers a comprehensive solution that can help businesses protect their assets and minimize risk. Industry Trends
The introduction of the Wine Pack is part of a broader trend in the commercial insurance sector toward more granular, sector-aligned underwriting. As businesses seek policies that match their risk profiles more closely, insurance companies are responding with more specialized products like the Wine Pack. The Barn Underwriting Agency’s focus on property and general liability coverages across various sectors, including agribusiness, boutique accommodation, and food manufacturing, demonstrates its commitment to providing tailored solutions for businesses in these industries. The Wine Pack’s launch also highlights the growing importance of sector-aligned underwriting in the insurance industry. By providing wineries with a customized solution that takes into account their unique exposures and challenges, Market Lane’s Wine Pack is helping to reduce the risk of losses and improve business continuity in the viticulture sector.

Winery insurance is a specialized type of insurance designed to address the unique risks and exposures faced by wineries and cellar door operators. These businesses often rely on precise temperature control, specific crop management practices, and careful vine maintenance to produce high-quality wines, and winery insurance helps to mitigate these risks by providing coverage for factors such as:
* Production and storage exposures
* Seasonal conditions and weather-related risks
* Business continuity and vine maintenance
The Wine Pack is an example of winery insurance, designed to provide comprehensive coverage for small to mid-sized wineries and cellar door operators in Australia.

Sector-aligned underwriting refers to the practice of providing insurance policies that are tailored to the specific needs and risks of a particular industry or sector. This approach recognizes that different industries face unique exposures and challenges, and seeks to provide coverage that addresses these specific needs. Market Lane’s Wine Pack is an example of sector-aligned underwriting, as it is designed to provide wineries with a customized solution that takes into account their unique exposures and challenges. Key Highlights
• Market Lane Insurance Group introduces Wine Pack, a new insurance product designed for small to mid-sized wineries and cellar door operators. • The Wine Pack is underwritten by The Barn Underwriting Agency, a Market Lane subsidiary focused on complex commercial risks. • The product offers a range of winery-specific coverage features and optional endorsements, including multi-site coverage, automatic wine removal coverage, and business interruption coverage. • The introduction of the Wine Pack reflects a broader trend in the commercial insurance sector toward more granular, sector-aligned underwriting.