Distinguished Blog - Restaurants

Market insights and industry news.

Ghost Kitchens Insurance Package… A Closer Look

Ghost kitchens, also known as “cloud” or “virtual kitchens,” are cooking facilities chefs and restauranteurs can lease. There are no dining rooms, seats, tables, waiters, hosts/hostesses, cashiers, or patrons. As one publication described them, ghost kitchens are sort of the “We Work” for chefs. In essence, they are physical spaces for operators to create off-premises…

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How to Be Prepared for Cyber Monday Hacks

Cyber Monday is the appointed day when people frantically shop online for the best deals in time for the holidays. Everything from TVs, phones, and laptops to mattresses and appliances are promoted as being available at the lowest price all year. According to Adobe’s yearly shopping insights report, retailers reported a whopping $10.8 billion in…

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Restaurant Delivery Driver Safety Measures

The pandemic caused restaurant deliveries to surge in 2020. Sales for the U.S. food-delivery business were about $51 billion last year, increasing by $28 billion from 2019, according to a report commissioned by the Columbia Business School and Emory University’s Goizueta Business School. Using credit-card, geolocation, and restaurant-listings data, the report found that about $19…

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Cyber Rates Are Going Up, but Purchasing Coverage Is More Important Than Ever

While many of the cyberattacks that get press are against high-profile entities or organizations, all types and sizes of business, including hotels and restaurants, are vulnerable to the sophisticated methods utilized by today’s cybercriminals – from phishing to ransomware and scareware tactics. Additionally, cybercriminals have upped their game with attacks rising consistently over the last…

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Robot Waiters During the Labor Shortage

He glides up to your table carrying four trays of food, beaming an emoji-like grin — and he’s fast, often reacting within a fraction of a second. Meet Matradee, a robot waiter created by Richtech Robotics, and he’s what many restaurants need right now. In a time when restaurant labor is scarce these robots are…

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Restaurant Insurance Market Update 2021

The restaurant sector, no doubt, has been through a lot in the last 18 months. But recent statistics show that through July 2021 the industry has had steady growth each month since February, with sales volume reaching close to pre-pandemic levels. Although it’s still unclear how the delta variant will impact the industry, we’ve seen…

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In-House Delivery versus Third-Party Services? Which Is Better for Restaurants

For restaurants looking to remain competitive in their industry, it has become nearly impossible to operate without offering some sort of delivery service. In fact, one report by L.E.K. Consulting predicts that restaurant delivery sales will grow at more than three times the rate of dine-in revenue between now and 2023 — and that was…

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Why It’s Harder to Insure New Restaurant Ventures

COVID-19 ushered in a whole host of changes in the restaurant industry, including several innovations, such as ghost kitchens, and now start-ups from those who see new opportunities on the heels of the pandemic. In underwriting a restaurant account, it’s important to note that one of the foundational blocks in the process is looking at…

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No Jackets Required: How Fine Dining Is Changing

Fine dining brings together great cuisine, hand-selected wines, and white-glove service for a personalized experience and a fun night out. It also requires a certain dress code that is steeped in tradition. Men typically wear sports jackets; women may wear a dress, a skirt, or a slacks-and-blouse ensemble. In some places, formal jackets and ties…

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Inside the Restaurant Industry Labor Shortage

Guest sentiment on eating out is turning a corner. While patrons are returning to restaurants in almost pre-pandemic levels, staff are not. Consequently, restaurant owners across the United States are struggling to find the employees to meet the new customer demand — a problem that the Bureau of Labor says will hold back economic recovery.

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Managing Modern Threats with Deadly Weapons Protection

Deadly Weapon attacks have become far too common in America, with shootings making the headlines almost every week. People intent on inflicting harm, however, are not limited to guns. Those who want to cause violence will, and they will use everyday items such as knives and vehicles to achieve their ends. Unlike other risks facing…

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