The Final Push: Trucordia's Proprietary Wine Insurance Program Nears Launch
If you've been following Trucordia's journey to solve the wine industry's insurance crisis, there's significant progress to report. The proprietary insurance program designed specifically for wineries is in the final stages of development—and insurance company partners are pleased with what they're seeing.
But there's one critical piece that will determine how quickly this program launches and how favorable the terms will be: your winery's loss history.
Here's the Good News
Most wineries don't have losses. This fact is proving to be a major advantage in pricing conversations with Trucordia's insurance company underwriters. In other words, your clean claims history isn't just good for you—it's good for the entire program's viability.
When underwriters see that wineries in the program have minimal loss history, it reduces their perceived risk and makes them more confident in offering competitive pricing and broader coverage. Your participation in this final phase directly impacts the program's success.
What Trucordia Needs From You
To finalize pricing and terms, Trucordia is requesting loss history documentation from wineries. The process is simple:
Option 1: You Have Loss History
Provide a 5-year loss run/claims history report (dated within the past 90 days).
Option 2: You Have No Losses (Most Wineries)
Sign a No Known Loss Letter certifying that your winery has had no losses over the past 5 years (or your full operating history if less than 5 years). Trucordia provides a simple template you can copy onto your letterhead, fill in, sign, and email back.
That's it. No complicated paperwork. No extensive documentation. Just one letter that validates what most wineries already know: they have a strong claims record.
Why This Matters Now
Trucordia's insurance company partners are using this aggregated loss data to finalize the program's pricing and coverage terms. The more complete data they receive from wineries like yours, the more confident they can be in offering competitive rates.
If you've already provided your information, thank you—and apologies for any duplicate emails. If you haven't yet, now is the time. Your participation in this final phase directly influences whether the program launches in 60 days or gets delayed.
Next Steps
Gather your loss information (or prepare to sign the No Known Loss Letter)
Email it to Chet Laws at chet.laws@trucordia.com
Watch for updates — Once the program is finalized, participants will be among the first to know and can begin meaningful conversations about coverage and pricing
Trucordia is hopeful to have the program finalized within the next 60 days. That timeline depends on receiving loss information from wineries like yours.
What Comes Next
Once the program launches, early participants will have first access to pricing discussions and the opportunity to transition away from the California FAIR Plan to a program specifically designed for wine industry needs.
This isn't just another insurance option. It's relief built by someone who understands wine—and it's coming soon.
Ready to Participate?
Contact Chet Laws at Trucordia:
Email: chet.laws@trucordia.com
Phone: 707-484-6847
Your 5-year loss history or signed No Known Loss Letter could be the final piece that brings this program to life.