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.
Three core insured events:
- Accidental contamination
- Malicious product tampering
- Product extortion
We offer the following enhancements:
- Government recall
- Adverse publicity
- Customer loss of profit
- Third party recall liability
- Product rehabilitation expenses
- Increased cost of working
Our maximum line size is USD25m.
TMK recognised with a Business Insurance Innovation Award
17 September 2021
We strive to be at the forefront of innovation, so we are delighted to see this recognised after being awarded
Tokio Marine Kiln announces latest Lloyd's syndicate forecasts
05 August 2021
Tokio Marine Kiln announces latest Lloyd's syndicate results and forecasts
TMK’s ‘rising star’ chosen to meet with the Chancellor
02 July 2021
Imogen Henry-Campbell was one of just four young rising stars in financial services to be selected to meet with Chancellor, Rishi Sunak