Product Recall

Product Recall

Product recalls can be expensive and damaging. Industry specific Product Recall coverage provides protection to insureds against the significant impacts of a recall.

Overview

When a recall incident occurs, our comprehensive coverage will cover costs associated with pulling products out of the stream of commerce and replacing them, as well as the expenses to protect the insureds brand and mitigate any further loss. Additionally, our policy also provides coverage to protect profits as well as damages incurred by a third party to help shield everyone impacted by a product recall.

Industry Specific Coverages

Consumable Products

Supply chain error, processing or production error, distribution error

Loss from adulteration or packaging defect

Consumer Goods & Component Parts

Design error, supply chain error, manufacturing error

Loss from defect or mislabelling

Response Services

Crisis Consulting

Investigation Services

Forensic Accounting Services

Legal Services

Reputation Management

Territory

Worldwide

Target Segments

Consumable Products

Bakery & confectionary

Beverages

Canned goods

Dairy products

Frozen foods

Fruits and vegetables

Meat, poultry and seafood

Nutraceuticals

Pharmaceuticals

Consumer Goods & Component Parts

After market products

Apparel & accessories

Appliances & electronics

Sporting goods

Tools & hardware

Furniture

Medical devices

Automotive

Aviation / Aerospace

Metal

Textile, plastic and rubber

General manufacturing

Industries we are unable to write

Consumable Products

Pet food

Bulk products such as commodities, flavourings, preservatives, additives and colourings

Tobacco

Marijuana

Cannabidiol (CBD)

E-Cigarettes

Vaporisable liquids

Consumer Goods & Products

OEM car manufacturers (e.g. Ford, Chrysler, Honda, Subaru, etc.)

OEM aviation manufacturer (e.g. Boeing, Airbus, Embraer, etc.)

Chemicals

Capacity

Up to $5m

Want to know more?

We’d love to hear from you. Get in touch with us to learn more about Product Recall.