MAYA ASSURANCE COMPANY
User Id    Password   
✔Retrieve User ID or Password
Skip Navigation Links
Home
About UsExpand About Us
Management
News
Report Claims
Search Broker
New Producer
Contact Us
Catering/Banquet Halls/Restaurants
According to a U.S. Industry report, there are approximately 9,918 independent Catering/Banquet Hall establishments in the U.S. with industry revenue of over 6 billion dollars. Catering/Banquet Halls can be independently operated or associated with Restaurants and/or Hotels. The primary activities of Catering and Banquet Halls are providing single event based food services with catering for Weddings, Retirement, corporate functions, seminars and conferences and other parties. Some Catering Businesses also offer outside catering as well, transporting meals and snacks to events or prepare food at an off-premise site.
According to the American Community Survey of the U.S. Census Bureau the U.S. states with the largest Indian American populations, in order, are California, New York, New Jersey and are among the fastest growing ethnic groups in the United States. Therefore, with the growing population as well as the growing popularity of the Indian cuisine, Indian restaurants are one of the fasting growing segments in the food industry.
Coverages necessary for Catering, Banquet Halls and Restaurants will include Commercial Property and General Liability, Commercial auto, Loss of Business Income, Loss of Refrigeration, Liquor Liability, Business Contents, Theft by Employees and Umbrella Coverage. With Maya’s presence and influence in the South Asian Marketplace, it will be able to capture a sizable market share in this business segment.