Coverage

  • Product recall expenses, such as disposal, replacement, advertising and transport
  • Pre-recall expenses
  • Third party recall expenses
  • Government recalls
  • Business interruption
  • Loss of gross profits/revenue
  • Accidental contamination
  • Product rehabilitation
  • Increased cost of working after a recall
  • Extortion demands related to malicious tampering
  • Terrorism cover
  • Consultancy costs

 

Benefits and Services

  • 24/7 pre-incident consultant and crisis response
  • Primary, excess of loss and quota share participation
  • Financial strength to help protect balance sheets
  • Dedicated industry expertise with an average of 20+ years of industry-specific risk management experience
  • Risk engineering services and programs
  • Global claims network
  • Price competitiveness

 

Client Profiles

  • Food and beverage companies, such as:
    • meat processors
    • beverage manufacturers/bottlers
  • Automotive component suppliers/manufacturers
  • End-product consumer goods companies, such as:
    • Clothing
    • Toys
    • Electrical
    • Household goods manufacturers
  • Restaurant chains
  • Pharmaceutical companies
  • Cosmetic/toiletry companies
  • Packaging manufacturers