Skip to main content

Product Recall – Manufacturing Risk and Response

Comprehensive protection against the risks related to errors in design, manufacturing, supply chain, production, or distribution.

What we offer

We offer two unique coverage solutions that address the root of the problems manufacturing insureds may face, including errors in the supply chain or errors that can occur during the design, manufacturing, or distribution of a product.   

  • Manufacturing Risk for Consumer Goods & Component Parts: All finished non-food products and component parts for any industry 
  • Manufacturing Risk for Consumable Products: All topical and ingestible products for use or consumption 

How can we help

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

Who we can help

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

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

WHERE IS THIS OFFERED?

United States, Canada, Singapore, Australia, United Kingdom

The Beazley Difference

BEING BOLD

Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.

STRIVING FOR BETTER

Good is a start, but we go all-out for better.  A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond.  Simply put, at  Beazley we go to 11.  

DOING THE RIGHT THING

Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team.  Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.

Examples or Scenarios

Consumables - $58M frozen bakery products manufacturer – Insured bakery detected metal in its finished pastry resulting in three weeks of lost production. The insured was reimbursed over $1.5 million in lost inventory, customer credits, and freight, storage and disposal costs. Beazley is coordinating a subrogation action against ingredient supplier.

Consumer Goods - $11M chafing dish fuel manufacturer – Insured withdrew chafing dish fuel canisters when customer complained leaking cans were causing property damage to adjacent products. The insured was reimbursed $32,000 in customer credits and for affected inventory and freight, re-packing and disposal costs.

Your Beazley Team

Alex Marti

Alex Marti

Focus Group Leader - US Product Recall

Farmington, CT, USA

(860) 677-3545

Email Alex

Florian Beerli

Florian Beerli

Head of Specialties and US Programs / Global Head of Product Recall

Farmington, CT, USA

(860) 677-3541

Email Florian

Lily Fennell

Lily Fennell

Underwriter - Product Recall

Farmington, CT, USA

(770) 351-1746

Email Lily

Joe Gates

Joe Gates

Head of US Distribution - Beazley Digital

Atlanta, GA, USA

(770) 351-1670

Email Joe

Angela Ives

Angela Ives

Product Specialist - Product Recall

Farmington, CT, USA

(860) 677-3542

Email Angela

AJ Jones

AJ Jones

Territory Manager

Denver, CO, USA

(213) 228-7729

Email AJ

Nick Keyser

Nick Keyser

Territory Manager

Chicago, IL, USA

(312) 476-6272

Email Nick

Jennifer Sparks

Jennifer Sparks

Head of Broker Relations - Central Region/South Central

Houston, TX

Related Articles