Venture Programs Adds New Restaurant Package

August 23, 2004

Venture Programs, Inc. has announced that it has added a restaurant package through Alea North America Insurance Company to its Venture Hospitality program.

The restaurant package includes property, general liability, liquor liability, automobile, inland marine and crime. It is available immediately in 17 states (Alabama, Arizona, California, Colorado, Delaware, Georgia, Illinois, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Pennsylvania, Nevada, South Carolina, Tennessee and Virginia), with plans to expand it nationally.

Restaurants insured through Venture Hospitality will have access to Venture Program’s risk management services, including loss control and claims management specifically designed for the hospitality industry.

“This restaurant package is ideal for preferred single location restaurants, including classic family style restaurants and franchised chain restaurant properties that require less than $3 million property coverage per location,” said Jim Shaffer, vice president of program operations at Venture Programs.

Currently, Venture Hospitality also includes a Workers’ Compensation product designed exclusively for the hospitality industry. In addition to restaurants, target business classes for the Workers’ Compensation product include hotels (full-service to upscale), resort properties and spas.

Workers’ Compensation coverage is provided through Alea North America Insurance Company and the Chubb Group of Insurance Companies and is available in all states.

For more information on Venture Hospitality, contact Jim Shaffer, Vice President, Program Operations, at 800-282-6247, ext. 237.

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