Garry Mooney, Managing Director of ICIB Limited has been providing insurance solutions to the wine industry since the late 1980’s. Clients then included Delegats, Matua Valley, Morton Estate, Allan Scott Wines and Daniel Le Brun. However, it was not until a fire in 1990 highlighted the insufficiencies of the traditional method of insurance for the Wine Industry that we undertook a full study as to how the wine industry works, and their specific insurance requirements. From this research we designed a far more beneficial and fast claim payment method of insuring Wine Stock, and the result was our first Gold Medal Vintage policy released in the early 1990’s.
- The Gold Medal Vintage Insurance facility has been enhanced and developed over the years and now provides insurance protection to over 100 wine companies.
- Our Gold Medal Vintage product is an insurance facility managed by Garry Mooney at ICIB and business is placed either direct with ICIB or through ICIB approved Insurance Brokers with ICIB the facility consultant.
- Over the past 10 years we have paid out over $75,000,000 in claims from major fires, flood and storm losses, spillages, leakages and contaminations to the complete satisfaction of the client and in most cases exceeded expectations.