Main Sponsors of Fife Whisky Festival


The first ever Fife Whisky Festival will take place on Saturday the 10th of March 2018, at the Corn Exchange in Cupar.

Justine Hazlehurst, founder of Kask Whisky, and Karen Somerville, founder of Angels’ Share Glass, joined forces earlier this year to organise the festival and bring whisky back to the Kingdom of Fife. Karen said: “After many years of attending whisky festivals around the world, drinking the water of life in the name of research, Justine and I are both delighted to be able to bring this exciting new event to Scotland.”

The inaugural Fife Whisky Festival, which is sponsored by Bruce Stevenson Insurance Brokers, will showcase the renaissance of whisky-making in Fife, bringing together whisky connoisseurs and beginners with the best whisky producers from Fife and beyond. With over 25 different exhibitors, including the Kingsbarns Distillery, Morrison and Mackay, Glen Moray, Isle of Arran and the Glasgow Distillery, there will be a huge range of whiskies to try.

Vince Fusaro, of the famous Luvians Bottle Shop, the festival’s official retailer, said: “From Friar John Cor in 1494 to, amongst others, farmer Francis Cuthbert in the present day, whisky certainly has come home to Fife. I’m immensely proud to be in the whisky world and to be playing a central part in the Fife Whisky Festival.”

Fife-based musical duo The Coaltown Daisies, famous for producing The Whisky Song for World Whisky Day earlier this year, are sure to get everyone’s toes tapping as they enjoy a dram or two.

Commenting on the sponsorship, Graeme Dempster at Bruce Stevenson Insurance Brokers, added: “We are delighted to support Fife’s first Whisky Festival, this sponsorship is one of a number of whisky event initiatives that Bruce Stevenson Insurance Brokers support. The whisky industry has complex insurance needs and we specialise in delivering tailored solutions to distilleries. We also insure private whisky collections so this really is a great opportunity for us to support an exciting new whisky event, which will be a huge success whilst raising awareness of what we do in this field.”


Cllr Margaret Kennedy, welcoming the Fife Whisky Festival to Cupar, said: “This is fantastic news for the town. Given, in Luvians, we have an outstanding local business with very sound knowledge of the product it is very fitting that Fife’s first Whisky Festival should be in Cupar. “I wish the festival organisers well with the event and look forward to hearing many cries of ‘Slàinte’ ringing out.”

To buy tickets and for more details about the Fife Whisky Festival, go to

:: For more details about Angels’ Share Glass unique products for whisky-lovers go to

:: For more details about Kask Whisky, go to

Hat-trick of new product launches will be the toast of Spirit of Speyside: Distilled

A mini-festival celebrating Speyside’s food and drink will play host to a hat-trick of new product launches, underlining the innovation and ingenuity of the region’s producers. Visitors to Spirit of Speyside: Distilled, sponsored by Bruce Stevenson Insurance Brokers, will be among the first to sample two new gins and a collaboration between a small craft brewery and one of the world’s best-selling single malts.

Tickets for Spirit of Speyside: Distilled, which will be set up in Elgin Town Hall on Friday 1st and Saturday 2nd September, have been selling at a brisk pace. Over 30 exhibitors showcasing spirits, beer and food will be attending, along with food and drink venues serving their own special cocktails and Speyside snacks.

Whisky insurance

Avva Scottish Gin will be taking the wraps off its new limited edition expression, which has been created to celebrate Spirit of Speyside: Distilled. The locally produced gin, which is also bottled in Elgin, will be available to buy in very small quantities. Distiller Jill Brown, who launched the Avva brand last year, will also be telling the story of her products at one of the festival masterclasses.

Husband and wife team Sylvi and Bob Duncan will be giving the gin-loving public a chance to taste Duncan’s Gin – a product so new that their own grown-up children have not even had the chance to sample it yet.

The couple have put the Speyside region at the very heart of their product – it contains Highland juniper and five other local botanicals which they foraged. The result is a gin which, they say, reflects the very essence and flavours of the Speyside landscape through its freshness and simplicity.

Spirit of Speyside: Distilled will also be used as a platform to showcase a new experimental IPA – an incredible collaboration between the Speyside Craft Brewery and Glenfiddich Distillery, which is one of the top-selling malts in the world.

Glenfiddich IPA Finish is being launched later this autumn, but those who go along to the festival will have an exclusive opportunity to taste it before it goes to market.

Spirit of Speyside: Distilled is a sister event of the Spirit of Speyside Whisky Festival, which has been running for almost 20 years. Organisers see it as an opportunity to highlight the region’s world-class food and drink producers, in addition to whisky distillers.

Event chairman James Campbell says, “We are honoured that we will have three different product launches taking place over the two days of Spirit of Speyside: Distilled. I think this underlines that the producers already see this event as a very important one in terms of the profile it brings, which is very encouraging given that this is only its second year.

“The producers are genuinely interested to learn what Spirit of Speyside: Distilled visitors have to say about their products. Many of them are very passionate and knowledgeable about food and drink, while others simply enjoy it for what it is – either way they are the people who go out and buy these products so it’s important to get feedback from them.

“Tickets have been selling online very quickly in these last few days leading up to the event, but we will be holding some tickets back to sell on the door. We don’t want anyone to miss out on this fantastic opportunity to sample Speyside’s food and drink and to meet the people at the very heart of the industry.”

Distilled is sponsored by Bruce Stevenson Insurance Brokers and will run for four different sessions, one from 1-5pm and one from 6-10pm on Friday and Saturday. Tickets are priced at £20 which includes entry, six vouchers for tasting samples of gin, whisky or beer, a lanyard and a Glencairn crystal nosing and tasting glass.

For more information and to book tickets in advance, visit Distilled is active on social media at on Twitter and Instagram @distilledscot. Follow the festival at #distilled17

Bruce Stevenson team in high spirits for launch of Spirit of Speyside

The team at Bruce Stevenson is in high spirits as they gear up for the opening day of the Spirit of Speyside Whisky Festival.

Running between 27 April and 1 May, the Festival attracts visitors from over 37 countries.  First launched in 1999, the Spirit of Speyside Whisky Festival’s annual celebration of Scotland’s national drink has developed into one of the largest events of its kind anywhere in the World. With a programme of over 500 whisky-inspired events, the Festival is a mecca for the curious beginner and the whisky connoisseur alike.

Andrew Adam, Commercial Director at Bruce Stevenson Insurance Brokers, said “We are delighted to help spread the word about the fantastic food and drink offering here in Speyside and introduce even more people to the outstanding whisky produced in this area. The whisky sector is a specialist area, one which requires tailored protection when it comes to their properties such as Distilleries. With our expertise and local knowledge as well as enhanced cover and underwriting flexibility, we are well placed to support the many businesses operating in this sector.

Graeme Dempster our Account Executive who specialises in looking after Distilleries is attending the Festival.  Graeme said “Scotch Whisky is vital to the entire Scottish and UK economies. According to the Scotch Whisky Association the industry generated £5 billion in value last year alone, supporting more than 40,000 jobs and exporting £4 billion of Scotch annually to almost 200 markets. Exports of Single malt Scotch whisky also topped £1bn worth for the first time in 2016.  Fourteen new distilleries have opened since 2013 and a further eight are expected to start producing this year. In addition, there are forty distilleries at planning and development stage so the future for the industry remains strong.  It is a great time to be involved and supporting such a key industry in Scotland.”

For more information please contact Graeme on 07568 313886 or email [email protected]

Whisky Maturation – Ensuring your stock is protected

Scotch Whisky is vital to the entire Scottish and UK economies. According to the Scotch Whisky Association the industry generated £5 billion in value last year alone, supporting more than 40,000 jobs and exporting £4 billion of Scotch annually to almost 200 markets. Exports of Single malt Scotch whisky also topped £1bn worth for the first time in 2016.

Fourteen new distilleries have opened since 2013 and a further eight are expected to start producing this year. In addition, there are forty distilleries at planning and development stage so the future for the industry remains strong.

Whisky Maturation Period

The whisky industry poses its own unique challenges due to the fact that whisky, after it has been distilled, must mature for longer periods – sometimes in excess of fifteen years.

In terms of the insurance impact of this lengthy distillation and maturation process, it is both impractical and costly to insure for this entire period. In addition to standard material damage cover, it is advisable to insure the product on a maturation basis that will cover both market value at the time of a potential loss and the loss of future matured value.

Put simply, if a warehouse stocked with whisky, which is set to mature for ten years, was destroyed by fire at the five-year point, the fire risk insurance policy would pay the five-year-old-whisky market value as at the date of the fire. The maturation wording would then pay the difference between that amount and the value of its intended selling price had it matured as a ten-year-old whisky. Thereby between the two sections, the distiller would be fully indemnified in respect of the loss of whisky in-store.

Whisky maturation - barrels

There is also a need to include a loss of output option in terms of business interruption should there be an insured event such as fire at the distillery.  This allows for a claim to be based on the gross profit loss arising from the reduction in output rather than a reduction in turnover. This is because the latter would not arise until the relevant maturity period.

It’s important that all distillery owners prioritise a ‘health check’ of their insurances. We at Bruce Stevenson Insurance Brokers offer this service free gratis.

Graeme Dempster is an Account Executive specialising in arranging insurance for Distilleries.  For further information please contact Graeme at [email protected] or call 07568 313 886

Insuring your Private Whisky collection

If you are fortunate enough to have a sizeable distinguished private whisky collection, you may want to consider insuring your investment.  The valuation of premium whisky has been on the increase in recent years.  A Scottish company that tracks the market, Whisky Highland, says prices for the 1,000 most-prized releases of single-malt Scotches have risen around 175% since 2008, based on auction figures*.   In October 2016, auction house Bonhams, in Edinburgh, sold the most expensive bottle of malt ever sold at auction in Scotland.  The rare bottle of Glenfiddich single malt whisky sold for £68,500 smashing the £25,000-£35,000 estimate.

Many might assume that their whisky collection will be insured under their general home contents policy.  However, many household policies have low single article limits, meaning that they will not pay any claim for a single item that is worth more than on average, £2,000 in value.  Even then, the cover might not recognise the insurance needs that a collection warrants.  Bruce Stevenson are specialists in private client insurance with access to household policies that happily accommodate high-value wine and whisky collections, or insurers who offer wine and whisky insurance in isolation with a specialist policy wording.

Private Whisky Collection – Insurance Advice

Below we detail some aspects that you need to consider:

Get it valued

The first and most important thing to do is to get your whisky collection valued by a specialist.  A good specialist will create a detailed inventory for you with photographs of every bottle.  Keep this inventory up to date, being sure to amend it when you buy or sell or even drink the contents!  This valuation will help you establish the amount you should be insuring your collection for.  Depending on the value of any individual bottle, the valuation may be needed in the event of loss or damage to quickly substantiate and evidence the value of those bottles that may be subject to a claim, enabling a quick, un-quibbled settlement.

Storing your whisky

To ensure the protection and preservation of any type of collection, be it artworks, clocks, stamps or whisky, you need to look after it properly. Store your bottles of whisky out of the sunlight and in a cool and dry place, up off the floor. Storing whisky in direct sunlight can result in the whisky lightening in colour and the labels fading.  Many people store their wine and whisky collection together, often in a basement or cellar.  These can be prone to flooding which is why it is important that the collection is raised from floor level.  A flooded cellar will make the labels come off the bottles (the most important single element of identification of a whisky bottle), diminishing their value.  However, with the correct insurance provision the cost to restore the label, plus any subsequent depreciation in value of the bottle(s) of whisky would be met. One insurer dealt with a claim where wine labels (although the same could apply to whisky) were eaten by snails that had crawled into the cellar.  A standard household policy would not have paid out, since technically the product, the wine, wasn’t damaged.

Worldwide cover

A specialist policy would ensure that your whisky is covered, no matter where it is.  You could have your collection at home or in a bonded warehouse.  If you are buying from auction or direct from a distillery, upon purchase, the whisky is automatically insured for up to 60 or 90 days as long you tell your insurance broker within that timescale and the appropriate additional premium is charged if applicable.

What is not covered

Always read the policy wording carefully.  There will be exclusions.  Typically for whisky or wine collections, as soon as a bottle is opened cover in respect of that bottle ceases.  In addition, loss or damage caused by inherent defect, wear and tear, gradual deterioration, insects, vermin, rust, corrosion, mildew, fungus, atmospheric or climatic conditions, or the action of light would not be covered. However, if damage was caused by extremes of temperature directly resulting from mechanical failure or breakdown of climate control units damaged by fire, lightning, a windstorm or an explosion for instance, cover would apply.

*WSJ June 2015

 For further information please contact – [email protected] or  [email protected]