Product Recall
One of the most critical challenges facing the food and beverage sector is a product contamination within the supply chain. With access to some of the best crisis managers and corporate communications experts in the business, we can help to mitigate costs to both the insured and insurer.
Our product gets insureds back on their feet and trading again as quickly as possible by managing the crisis, paying for the costs of the recall and the subsequent loss of revenue.
We work closely with crisis consultants RQA who provide a 24/7 hotline support service to the insured in the event of a recall incident.
We also offer cover to companies in the cosmetics, pharmaceuticals and nutraceuticals industries.
LINE SIZE
USD25m
Maximum combined line size
OUR COVER
Three core insured events:
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Accidental contamination
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Malicious product tampering
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Product extortion
We offer the following enhancements:
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Government recall
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Adverse publicity
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Customer loss of profit
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Third party recall liability
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Product rehabilitation expenses
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Increased cost of working
VIEW OUR PRODUCT INFORMATION SHEET
Whether manufacturing raw ingredients or serving food in a restaurant, the food and beverage industry faces many challenges when it comes to getting a product from ‘farm to fork’.
GET IN TOUCH
Hannah Bickham
Underwriter
Product Recall
London
PEOPLE FINDER
TMK’s appetite site Our Focus
Find out more information on our products,
scope of activity and areas of interest.
A guide to our products and services
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