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Summary
We can provide cover for companies that specialise in the manufacture and/or distribution of food and beverages, pharmaceutical products and automotive products. We can provide limits from $US500, 000 to over $US100, 000,000 for businesses located worldwide.
Scope
Recalling products continues to be a growing concern for manufactures and consumers. If a recall is necessary it can be expensive and severely damage a company’s reputation and brand.
Whether accidental or deliberate, product contamination is a serious risk for companies that manufacture and/or distribute goods. Product recall is not limited to the food and beverages industry; our markets have policy wordings specific to automotive, pharmaceutical and most consumer products too.
Besso has access to over a dozen London markets, including Lloyd’s, that offer product contamination insurance for accidental and malicious contamination and extortion demands. We can also tailor insurance solutions to meet the specific needs of our clients and include coverage for adverse publicity, brand rehabilitation, governmental recall and customer loss of profit.
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