Insurance for the Consumables Industry
Product Recall Insurance for Consumable Products is designed to cover ingestible and topical products for human use or consumption, such as food & beverages, cosmetics, tobacco and pharmaceuticals.
We recommend coverage for any company that is involved in any part of the production or distribution of a consumable product.
Product Recall Insurance for Consumable Products
- Coverage: Non-admitted through appointed brokers
- Capacity: $15,000,000 primary or excess
- Coverage Territory: Worldwide for U.S. domiciled risks
- Minimum Premium: $5,000
- SIR: $5,000 minimum for primary coverage
To learn more, download our product sheet or contact our underwriters.
Contact
Steve Fomchenko
President
Property Division
973-490-6542
[email protected]
Nicky Alexandru
Senior Vice President
Crisis Management
516-750-0854
[email protected]
Eileen Miller
Vice President
Crisis Management
860-509-4518
[email protected]
Downloads
Product Recall – Consumable Products
Application & Claims Supplemental Forms
Crisis Management Overview
Solutions & Services
Product Recall – Component Parts
Product Recall – Consumer Goods
Foodborne Illness Insurance
Property
Commercial Lines
Surplus & Specialty Lines
Claim Services
Product Recall Insurance for Consumable Products
TARGET CLASSES
- Manufacturers
- Processors
- Ingredient Suppliers
- Packagers
- Co-packers
- Bottlers
- Importers
- Distributors
- Wholesalers
For additional information, see our product sheet or contact our underwriters.
Coverage Highlights
Our Product Recall Insurance for Consumable Products standard policy wording includes:
- Recall Costs, including third party recall costs
- Consultant Costs
- Pre-incident Costs
We offer a full array of endorsements that enable us to customize coverage for each client’s needs and address the risks most applicable to their business.
- First Party Endorsements
- Additional Triggers
- Third Party Endorsements
For details, see our product sheet or contact our underwriters.
Risk Engineering Services
Our Product Recall team has in-house risk engineering staff with over 30 years of experience in quality, safety, regulatory compliance, and the manufacturing of food, beverages and ingredients.
Our in-depth understanding of the complexities of the food industry make us a vital resource for our underwriters, brokers and clients and enable us to provide hazard-reducing strategies and meaningful business and brand protection. We also partner with world-class external consultants, which assist policyholders during product recall events as well as through pre-incident loss mitigation services.
To learn more about Risk Engineering, email [email protected]. Laura is Hazard Analysis Critical Control Point (HACCP) certified and a Preventive Controls Qualified Individual (PCQI) and lead trainer.
Product Recall
Component Parts
Designed for manufacturers, suppliers and distributors, or any company involved in the production/distribution of a components parts product.
Product Recall
Consumer Goods
Product Recall Insurance for Consumer Goods is designed for manufacturers, importers, distributors, wholesalers and retailers of finished products.
Foodborne
Illness Insurance
Our Foodborne Illness Insurance product is designed specifically for Restaurant Chains – national, regional and local.