Joel Paprocki: Insurance in Food Industry
Normally, if something goes wrong it’s not too much of a problem, we just turn to our insurance companies and get compensation.
But what happens when it goes wrong for everyone at the same time, and our insurance companies say they can’t help us?
Today, we’re joined by Joel Paprocki who is a risk management expert and entrepreneur. We talk about how responsible insurance companies are for damages caused by the virus, and the rights that people still in work have.
No one knows how long this will last, but we all know nothings ever going to be the same. We talk about the long lasting effects this pandemic is going to have on the food industry, as well as the world as a whole.
I’m reminded of how fortunate I am to live in such a fantastic community and to have all that I do. This is a time to appreciate what we have, and notice what’s really important.
My talk with Joel was incredibly informative, and we both remembered the importance of laughter...
”More now than ever we realise how much we all depend on each other. ” - Joel Paprocki
Time Stamps:
00:48 - Who our guest is.
01:11 - What we’re going to be talking about today.
04:50 - Joel’s perspective on the current situation with the virus.
05:57 - How Joel’s been spending his time at home.
07:56 - Whether a virus is included in an insurance policy or not.
10:15 - The extent that insurance companies get blamed for the situation.
12:33 - An ATG employee being tested positive for the virus.
13:35 - The rights and risks for people still at work.
17:38 - The lack of insurance most companies that are starting delivery services have.
21:12 - My talk with Sam Lash and the new things he’s doing.
22:42 - The changes to the food industry that are going to stick around.
23:17 - What Street Food Finder is.
25:51 - The problem with Uber Eats and Grub Hub.
26:41 - Ghost kitchens and where they’re headed.
29:05 - Why Joel decides to focus his insurance life on food businesses.
30:18 - The commercial kitchens Joel bought, and the business he started.
34:02 - The moment that Joel realized the virus was a serious situation.
36:31 - Who’s finding it hardest during these times.
39:11 - Seeing people disobey the social distancing order and how that makes us feel.
42:11 - How long Joel thinks the lockdown will last for.
46:22 - South By Southwest Festival cancelling and the impact that had.
50:28 - The businesses that will survive in this time.
51:41 - Allowing alcoholic drinks to be sold ‘to go’ from restaurants.
55:41 - How well the bars and restaurants will recover when the virus has passed.
57:33 - Things we often take for granted.
01:01:39 - The tiger that tested positive for having Coronavirus.
01:04:09 - The stimulus funds that will be made available to businesses in the near future.
Resources:
Capital Kitchens
Insure My Food
Easy Tiger
Street Food Finder
RPM Kitchens
Daily Juice Cafe
Texas Real Food