Stories and images of defective products can spread around the globe in seconds. Product recall insurance can provide vital support to a firm's crisis management response. Our specialist team is the leading independent producer to the London and Bermuda markets.
We design and place bespoke solutions for many of the most exposed products and industries, including:
We offer coverage for manufacturers, retailers, distributors, wholesalers and co-packers across a spread of food groups including, but not limited to, dairy, meat, herbs and spices, and fruit and vegetables. Capacity available in excess of $350m.
There are on average 30,000 parts in a typical car. We offer insurance for every single part, for Tier 1, 2 and 3 component part manufacturers. Capacity available in excess of $150m.
Coverage includes consumer durables and non-food products against product safety issues, and design/ manufacturing errors. Capacity available in excess of $100m.
Policies can cover manufacturers, co-packers, co- manufacturers and re-packagers of prescription and / or over the counter pharmaceuticals. Capacity available in excess of $100m.
London broker of an exclusive facility for restaurant franchisees. We can also cover large, corporate entities. Capacity available in excess of $100m.
Annual cost for food recalls to the US economy
Americans get sick as a result of food-borne diseases
Increase of pharmaceutical recalls
between 2004 and 2014
increase in US auto recalls in the past 20 years