Having a product recalled due to public safety concerns and brand management is a costly business. Recalls can be triggered by a manufacturing or design error in the product, malicious tampering, malicious publicity, extortion or Government recall.
How can we help?
Product Recall Insurance can be arranged to protect against the costs of:
- Withdrawing products from the market
- Replacing or repairing the recalled product
- Engaging expert advice in managing your brand reputation in the public domain
- Business interruption costs
Product Recall Insurance will reduce the impact that this can have on your organisation, empowering you to make decisions for the future of your business with greater confidence.