US-based insurance broker Risk Strategies Company and its wholly-owned affiliate, Catering Truck Insurance, have launched an insurance program dedicated to the rapidly expanding gourmet food truck industry, underwritten through the Chartis insurers.
The comprehensive insurance solutions from the Chartis insurers will include general liability, automobile, business interruption coverage, crime coverage, mobile equipment insurance and food spoilage coverage, to gain significant cost efficiencies.
Risk Strategies, which currently works with an array of food truck operators, said it has recently witnessed a surge of interest from gourmet food truck operators. Catering Truck Insurance was created to serve this emerging market in major metropolitan areas across the US.
Catering Truck Insurance is a resource for both well-established food truck operations looking for an insurance alternative as well as entrepreneurs taking all of the necessary steps to start their own food truck operations.
Chartis vice president and chief underwriting officer Melissa Meserve said through the experience in the mobile food segment, the firm developed a keen understanding of the market dynamics.