6 reasons insurance is a must in the food service industry

Market Insights January 07, 2019 at 12:00 AM
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While the food service industry may not immediately come to mind when one thinks of hazardous industries, any worker or business owner involved with the industry can tell you there are plenty of risks to consider. There are exposures to sharp objects, fires and people, among others, and food service workers must navigate these risks without missing a beat — unless they'd like to hear from a disgruntled customer. According to the National Restaurant Association, there are more than 1 million restaurant locations in the U.S. and nearly 15 million restaurant industry employees. Process automation can help reduce some risky components, but it won't be a cure-all for the entire field. Related: Staying sharp: Cutting through new restaurant workplace injury trends

Risky business

AmTrust Financial's latest Restaurant Risk Report highlighted the risks and scenarios that continue to affect the food service industry. Some have persistently plagued the business; others are on the rise. Regardless, these risks result in workers' compensation claims, employees missing time on the job as they recover, and a bottom line that may potentially suffer as a result. Business owners should assess any potential risks and look to see where insurance can make the difference — for the sake of their workers and their business. With this in mind, here are 6 key takeaways from AmTrust's Restaurant Risk Report. Related: Tips to reduce workers' comp claims in restaurants