Product Recall – Manufacturing Risk and Response

Why Choose Beazley Product Recall – Manufacturing Risk and Response? 

• Clear and concise policy forms with minimal exclusions and comprehensive coverages
• Policies can include no self-insured retentions, long-term agreements, and unique coverages not offered by other markets
• Experienced and innovative underwriting team with global expertise
• Single point of contact for claims, ensuring a seamless claims experience
• Access to best-in-class product recall consultants
• Broad trigger on the non-food form, which does not require any tie back to bodily injury, property damage, or impaired property
• Unique endorsement covers quality issues with consumable products, with no tie back to bodily injury or property damage (available as an optional sub limit) 

Wide range of food and non-food classes considered in all supply chain areas, including: 

• Growers
• Suppliers
• Manufacturers
• Distributors
• Wholesalers
• Retailers

Bottle Cap Manufacturer - Policy Trigger - Defect 
A copacker bottling company printed incorrect labelling on the underside of beer bottle caps stating “Carbon Zero Certified” rather than standard trivia questions. Beazley covered the cost of replacing the bottle caps. 

Snack Food Manufacturer - Policy Trigger - Packaging Defect 
The insured manufactures and distributes snack foods, and when a supplier changed the recipe for a base good to contain an undeclared allergen, the insured’s packaging became mislabelled. The insured was reimbursed in interim payments for its business loss, costs related to creating new packaging, and to refund its customers. 

Elevator Manufacturer - Policy Trigger - Defect 
The insured installs and services residential elevators, and a software malfunction caused doors to open when the elevator car was not present. Beazley’s crisis management consultants dispatched electricians across the U.S. to upgrade the software. The cost to upgrade software exceeded $250,000.