Welcome to ICIB's Gold Medal Vintage Insurance
Gold Medal Vintage Insurance is a range of insurance products designed by ICIB Ltd specifically for the New Zealand wine industry. All of these products are underwritten by leading New Zealand based insurers providing you and your business with the knowledge that you are protected against the risks that a dynamic industry faces in todays environment.
From large wineries & contract winemakers to label only operations, ICIB's Gold Medal Vintage Insurance has been providing insurance solutions for over 20 years.
With a focus on excellent service and industry knowledge, as well as the protection your business needs, we have successfully built up a large and loyal portfolio of clients across New Zealand.
Garry Mooney, Managing Director of ICIB Limited has been providing insurance solutions to the wine industry since the…Read More
Why Gold Medal Vintage Insurance?
What sets the Wine industry apart is that its product is not produced for immediate sale. It is held and matures and sold months or years after harvest.
This does not fit well with conventional insurance. Conventional insurance will quickly pay for the cost value of destroyed wine, however the overhead recovery and profit could take a number of years to quantify.
The ICIB Gold Medal Vintage Insurance overcomes this by insuring wine for an agreed value. The value is set by you, the Wine Company not the insurance assessor, whether it is the grapes, bulk or bottled wine.