Case Study: Craft Beverage Company achieves insurance savings and risk management improvements with CBIZ

Craft Beverage Company saves $10,000 and targets 10% premium reduction with CBIZ

Craft Beverage Company, a New York-based brewery, had been with the same insurance broker for over a decade, resulting in a stagnant property and casualty program with limited strategic review and high costs. As the company prepared to expand into a larger restaurant and event space, it needed a more transparent and proactive approach to risk management. Leadership turned to their long-time partner, CBIZ, to review the program and identify opportunities for savings and improvement.

CBIZ conducted a full audit of the insurance program, restructuring deductibles and eliminating an unnecessary $10,000 broker fee. They also introduced new safety strategies for the hospitality expansion and coordinated with their technology consulting team. This integrated solution provided immediate annual savings from the eliminated fee and projected an additional 10% in premium savings at renewal. The client consolidated their insurance, accounting, and benefits with CBIZ, gaining a more strategic and coordinated advisory relationship.

Craft Beverage Company