KRAUTER & COMPANY

s p e c ia lt y p r o g ra m s
FOOD BORNE ILLNESS PROGRAM

UNDERSTANDING FOOD BORNE ILLNESS

A ccording to the CDC, there are over 76 million Food Borne Illness cases reported
in the US each year. Of these cases, there are hundreds of thousands of
hospitalizations and thousands of deaths that occur. The CDC states that there
are over 200 known diseases that are transmitted through food, which cause symptoms
ranging from mild gastroenteritis to life threatening hepatic, neurological and renal
syndromes. While the majority of the aforementioned cases remain local concerns and
are quickly remedied, certain more serious occurrences, whether true or alleged, cause
disastrous financial ramifications to the particular franchised restaurant or restaurant
chain and taints their Trade Name. According to PEW Charitable Trust the annual costs
related to Food Borne Illness is roughly $152 billion or roughly $2,000 per case. What
this number does not take into account is the lost revenue that results from such
occurrences. Studies have shown that revenues drop from 60% - 80% once the news of
an outbreak occurs and can take over six month to reach the pre-outbreak revenue
levels.

WHY KRAUTER FOOD BORNE ILLNESS?

Surprisingly, many corporate treasurers, controllers, and risk managers aren’t aware
that general liability or property insurance policies do not include the coverages
necessary to for business interruption or loss of income resulting from food borne
illness incidents. The general liability policy may provide third party coverage for the
injured patron, but neither policy provides coverage for lost revenue, business
interruption, additional expenses, and/or crisis management services.

Krauter & Company is pleased to introduce a one-of-a-kind Food Borne Illness / Trade
Name Restoration Program, through partnership with PLIS and Specialty Risk
Management, Inc. (SRM) Crisis Management. This program combines the specialized
resources of two industry-leading firms to offer a program with unrivaled coverage,
which includes the “gold standard” in crisis management. While other carriers may
offer a similar product, Krauter & Company’s program includes enhanced coverages
such as:

Workplace Violence Coverage

Inoculation Coverage
No 10% waiting period to trigger coverage
Full Policy limits for adverse media coverage
18 month rehabilitation /restoration period
Reduced rates
KRAUTER & COMPANY
s p e c ia lt y p r o g ra m s
Unlike products before, this product includes Specialty Risk Management, Inc.’s (SRM)
renowned crisis management services. SRM’s dedicated team manages crises 24 hours
a day, seven days a week - from the moment of outbreak to incidence closure. SRM’s
track record is impeccable – 95 percent resolution record with no media involvement.
Additionally, Krauter & Company’s loss control professionals work closely with SRM to
identify and address incident catalysts.

MORE INFORMATION? CONTACT US.

For more information regarding specific advantages of the Krauter Food Borne Illness
Program, please send your request to info@krautergroup.com.