Brady Risk Management is a risk mitigation firm that manages a National Restaurant Program focused solely on providing first-class insurance products and risk management services to restaurants and hospitality groups across the United States. With over 25 years of experience and knowledge in the restaurant industry, our program is designed to provide responsive restaurant coverages where other insurance companies have failed. Not only does our program address the more traditional exposures that our clients deal with daily, but we have also designed the coverages to protect the restaurateur’s assets from catastrophic and unforeseeable events.
Whether you own one restaurant or manage a portfolio of restaurants, you can sleep soundly knowing we have the coverages to properly protect your business and assets. If you have been hoping to improve the coverage offered by your restaurant liability insurance or you are hoping to create a more well-rounded risk management strategy for your business as a whole, we can help. Reach out today to learn more and find out how we can work with you to lower your risks and improve your profits.
Solutions For Your Restaurant
Running a restaurant comes with its own set of risks and, unfortunately, that list is long. Compared to many businesses, restaurants are laden with risks. From foodborne illnesses to employee lawsuits, there are more things that can go wrong than one wants to imagine. In some cases, the risks you are facing are much bigger than you might expect. Here at Brady Risk Management, we are here to think about those risks for you so that we can help you build a strategy for protecting your business. We take the time to wonder “what if” and to prepare for the worst case scenarios so you can focus on what you do best — running your restaurant.
Whether you own one restaurant or manage a portfolio of restaurants, you can sleep soundly knowing we have the coverages to properly protect your business & assets.
- General Liability
- Liquor Liability
- Umbrella/Excess Coverage
- Workers Compensation
- Employment Practices Liability
- Cyber Liability
- Food Bourne Illness
As you can see, there are plenty of areas to focus on when it comes to building out a solid strategy for avoiding risks. We will work with you to create a tailor-made plan for your unique business as no two businesses — even restaurants — are alike. For example, a bar that serves alcohol will face a different set of risks than a breakfast cafe that does not. Both establishments will need some of the same coverage, but they will also require different policies for specific risks. Instead of just purchasing any old policy, we will work with you to find the exact resources you need for your business. In the above example, it would be critical for the bar in question to have liquor liability insurance, but for the breakfast cafe, not so much. Other factors will be much more minute and require years of experience to catch. We will analyze your business’ operations in-depth to catch any areas of risk that might have gone unnoticed.
Beyond Just Liability Insurance
While the right insurance policies will go a long way in contributing to the protection of your business, we will also help you look beyond just these policies. By implementing improved policies and better operational practices, you can actually lower the risks you face. For example, many small restaurants who are just starting out do not take the time to invest in an employee handbook outlining critical policies. By creating this simple but effective risk management resource, you can cut down on your liability for issues such as sexual harassment, hiring, firing, and more. We will work with you to look for items such as this that can help you create an improved overall strategy for risk management at your restaurant.
Who Needs Restaurant Liability Insurance?
Who exactly is in need of restaurant liability insurance? The reality is that many businesses benefit from these policies. Bars, cafeterias, diners, catering businesses, delis, food delivery businesses, fast food joints, lounges, and more can all benefit from putting together a risk management strategy. Finding the right restaurant liability insurance can mean the difference between facing a crippling lawsuit on your own or having a policy to protect you from the issue.
What Will Restaurant Liability Insurance Cost?
The cost for restaurant insurance will vary greatly depending upon the size of your business, your operations, previous claims against you, and more. There is no one price for every client, which is why it is important to work with a consultant who will weigh all your factors in before offering you a quote. While it is understandable that any business wishes to keep their operating costs as low as possible, investing in the right liability insurance policies will be vital for the long-term health of your company. No matter how carefully you operate your business and no matter how outstanding your employees are, there will come a day that you face a lawsuit, property damage, or disaster of some sort. Learning how to balance the cost of preparing for these risks against the value of the policies you choose is a key to operating a successful restaurant of any type.
The Brady Risk Management Approach
Our priority is to provide our clients with an intellectual value that drives economic results.
With the limited amount of time there is in a day, the last thing we want our clients to worry about is their restaurant liability insurance. When it comes to the issues that keep you up at night, such as regulatory changes, minimum wage increases, and sexual harassment, let Brady Risk Management provide you with peace of mind. We are more than just an insurance broker, we are your risk management advisors here to protect you.
If you are interested in working with our team, we invite you to reach out to learn more. We can provide you with a free quote on restaurant liability insurance as well as talk to you about other vital solutions, such as those listed above. From working to improve your company’s policies to protect against employee claims to choosing the ideal liquor liability policy, we cover every base when it comes to risk management. Improve your strategy today and work with the experienced team at Brady Risk Management.