Tokio Marine Management, the US manager for Tokio Marine & Nichido Fire Insurance, and American Wholesalers Underwriting have expanded the Wholesalers Insurance Plan to include fresh and frozen food wholesalers/distributors in the US.

Wholesalers Insurance Plan (WIP) offers over 50 insurance programs designed specifically to service the commercial insurance needs of the durable and non-durable goods wholesale distribution industry. Underwritings include virtually all standard industrial code classifications for wholesalers/distributors.

Program classes for goods such as fresh meat, sea food, poultry, dairy, fruits and vegetables and frozen package foods will include spoilage cover and ISO Form ‘Limited Product Withdrawal Expense’ as standard coverages to adequately protect wholesalers/distributors. All WIP programs include broad limits and coverages for lines such as commercial property, general liability, automobile and umbrella liability.

John Shea, COO of American Wholesalers Underwriting, said: In today’s global stream of commerce, difficult domestic markets, and governmental interventions, the distributor is faced with new exposures to risk, like never before. The exposure and occurrence of a mandated recall is very real. The food programs under WIP will cover this exposure.