Tag Archives: Product Recall Insurance

3 Steps to Develop an Effective Recall Management Strategy

3 Steps to Develop an Effective Recall Management Strategy

A product recall is a significant threat to the well-being of manufacturers, importers, distributors, and retailers of consumer products. If not handled properly, a product recall can not only harm the reputation of a business, but in some cases, it can destroy the company itself. So, why aren’t more companies prepared to deal with a […]

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Here’s Why Your Business Needs Product Recall Insurance

Heres Why Your Business Needs Product Recall Insurance

There are thousands upon thousands of product recalls in a year, costing in excess of millions of dollars. Although establishing a product recall plan can aid your business in the process of effectively managing a recall, you may still need additional coverage. A commercial general liability (CGL) policy alone doesn’t provide protection against a product recall. […]

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