Product Recall & Contamination Insurance and Risk Management
Recalling, replacing or destroying products or component parts can cause serious long-term damage to a company's reputation. Coupled with business interruption and liability exposure, such incidents often result in considerable costs and loss of public confidence. With recall incidents on the rise, companies are seeking sophisticated balance sheet protection.
Going beyond traditional risk transfer solutions, our global network of product contamination and recall insurance experts offer a full range of consultancy services, enabling clients to quantify their risk exposures and make informed decisions on the optimum balance between risk retention, risk management and risk transfer.