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Recalls can be a complex and expensive business. A fast and effective recall gives a company the valuable opportunity to reinforce their commitment to safety, quality and service. In contrast a badly managed recall can lead to adverse publicity and brand damage.

Our philosophy is to offer access to traditional insurance with best-in-class consulting services on a pre-incident and response basis.

Products:
• recallPROTECT+ for Consumable Products
• recallPROTECT+ for Consumer Goods and Products
• recallPROTECT+ for Suppliers and Component Parts Manufacturers
• restaurantPROTECT+ for Food Borne Illness Insurance for Restaurant Chains

Capacity/Coverage:
• $10,000,000 capacity
• Minimum attachment $25,000
• On a lead basis, companies with sales up to $1B will be considered
• Companies with sales in excess of $1B will be considered with either a significant self insured retention or on an excess basis
• No minimum premium (automotive industry products minimum is $25,000)

Highlights of Coverage:
• Basic policy covers recall costs and consultant costs (unlimited and no SIR applies)
• Customized approach allows policyholders to select "add-on" coverages such as Loss of Profit, Replacement Costs, Rehabilitation Expenses, Customer Loss of Gross Profit, and many more
• Access to consultants via a 24/7 emergency hotline
• 10% of net premium offered to policyholder annually to cover loss mitigation costs

Target Risks:
• Consumable products include food & beverage companies, cosmetics, tobacco, pharmaceutical and pet food (excl. animal feed). The target risks can be a supplier of ingredients, co-packer, processor, manufacturer, bottler, importer, distributor, packager, wholesaler, etc.
• Consumer Goods & Products are finished products in the areas of appliances, clothing, electronic/electrical, furniture, household, children's products, outdoor, sports/exercise, etc. The risk can be a manufacturer, importer, distributor, wholesaler, retailer, etc.
• Supplier & Component Parts are manufacturers, distributors, importers, exporters and wholesalers of components for the general manufacturing and automotive industry. For the automotive industry, Tier 1 – 4 suppliers only would be considered.
• Restaurant targets are local and regional restaurant chains including franchisees. National chains will only be considered on a high excess layer.

Download our Restaurant Chain Application Claims Supplemental Form

Download our Restaurant Chain Application Form

Download our Suppliers & Component Parts Application Supplemental Form

Download our Suppliers & Component Parts Application Form

Download our Consumer Goods & Products Application Claims Supplemental Form

Download our Consumer Goods & Products Application Form

Download our Consumable Products Application Claims Supplemental Form

Download our Consumable Products Application Form