Brewcover Site Launched

As you may have guessed, we have just launched the new website for Brewcover. We are very happy with the final result and hope you like it just as much as we do!

The main aim of our website is to make it as easy as possible for you to insure your brewery. That’s why we have included useful information about the services that we offer, such as microbrewery and craft brewery insurance.

You can also make a claim or contact our team via the website, giving you complete flexibility when arranging and managing your brewery insurance.

We know that as a brewery owner you will have a busy schedule which is why we have made the layout simple and easy to navigate. This means that no matter what you are looking for on our website, you will be able to find it in a matter of seconds.

Brewcover are very excited to be expanding our insurance business into the brewery industry and look forward to working with new and existing clients in the future.

If you would like to find out more, please contact our experienced team by calling 0333 044 7794 or email info@wcib.co.uk.

New Pub Code Comes in to Force

In July, the new pubs code came into force which aims to give tenants more rights and protection in the pub industry. If you own 500 or more tied pubs in England and Wales, you will be covered by the new pub code regulations.

According to gov.uk, there are two key principles to the code which are as follows:

  • “Fair and lawful dealing by pub-owning businesses in relation to their tied tenants.”
  • “Tied pub tenants should be no worse off than if they were not subject to any tie.”

The new code will ensure that tied pub tenants are provided with all of the information that they need before taking on a new pub and are educated on the terms and conditions of their contract.

They will also be able to demand a review of the rent price every 5 years, if this hasn’t been offered by their landlord before then.

Finally, tied tenants can request a market rent only option (MRO), which will give them more freedom and independence when it comes to running the pub.

Up to now, many pub tenants have been tied in to buying products from their landlord’s brewery, rather than any other supplier. This not only takes away control from the tenant but also means that they could end up paying much more when it comes to ordering stock.

For those taking the MRO option, they will still pay rent directly to the landlord who will continue to insure the property, but that is about as much involvement that they will have in the running of the pub.

One problem is that the landlords may threaten to take back ownership of the premises and run it themselves if they don’t want to enter an MRO agreement. Tied in tenants often get their rent at a cheaper rate, so it will depend if it is on the whole worth the risk.

If you have any questions about the new pub code or how it will affect your business, we would be more than happy to help. Please call 0333 044 7794 or email info@wcib.co.uk to speak to a member of the Brewcover team.