Food & Bev
The food industry is incredibly versatile and its different types of food are alluring to all types of people. It entails multiple stages of development and therefore has varying risks which can be protected with insurance. With production from factories, distribution to retailers and warehouses and customers purchasing online, any errors can severely impact the supply chain and become quite costly. It is also especially important to have care in providing correct information, warning labels and instructions in the packaging, as any misinformation can be harmful to users and lead to lawsuits.
The drinks or beverage industry in Thailand is as innovative as can be as new products are filtered in the market every year. Its fierce competition means that high levels of research is required in order to succeed. Such is the competitive nature in the field, the risks can also be extreme. With constant drive to evolve and produce a a product that stands out, the production procedure is often pushing boundaries. Howver, should any method backfire, insurance will definitely come in handy.