Find Out How To Reduce Catering Business Risks. As a nation, Americans are becoming conscious of what they consume. What does this mean for a catering company? Whether you have a food truck, food service or event management small business, it may be a good time to have another look at your catering service. Do you have what your business needs to stay competitive in a catering service industry that is becoming more demanding and more discerning? And also, let's look at whether catering business insurance will play a part in your ongoing success.