CHES Special Risk introduces new insurance offering for wine and spirit collections

It offers tailored coverage for cherished collections
CHES Special Risk introduces new insurance offering for wine and spirit collections
INSURANCE NEWS
By Abigail Adriatico
Sep 26, 2023

CHES Special Risk, a managing general agent (MGA) and wholesale broker, has unveiled a new private wine and spirit collection insurance offering.

The product caters to brokers with clients with rare and high-value wine and spirit collections. It will provide comprehensive coverage for physical loss or damage for wine enthusiasts, collectors, or commercial establishments looking to protect their investments.

CHES emphasized the importance of protecting assets such as private collections that represent a significant financial and emotional investment.

“CHES is proud to introduce our Private Wine and Spirit Collection Insurance, offering brokers and their clients a tailored solution to protect their cherished collections,” said Emily Newell, expert, jewelers block insurance at CHES.

“We understand that wine and spirit enthusiasts invest a great deal of time, effort, and resources into curating their collections. Our insurance product is designed to provide the peace of mind they deserve, knowing that their investments are safeguarded against unforeseen events.”

Recently, the MGA also launched a high value home product along with a personal articles floater for jewellery, watches, object d’art, and collectibles.

What do you think about CHES Special Risk’s new offering? Leave a comment below.

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