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    Florian Beerli

    Florian Beerli

    Focus Group Leader - Product Recall

    The exposures related to product recalls or manufacturing errors are ongoing and increasing in occurrence regardless of a company’s size or industry. No matter where a company resides in the supply chain, these exposures can pose a significantly impact to a company’s balance sheet and reputation. The Beazley Product Recall offering is an innovative insurance solution that provides what clients need to help protect their businesses and customers.

    When a recall incident occurs, our comprehensive coverage will reimburse them for the costs they incur to get their product out of the stream of commerce, replace it, as well as the expenses to protect their brand and mitigate the loss. In addition to the product replacement and brand reputation coverage, we also provide coverage to protect their profits as well as the damages incurred by a third party.


    Our Products

    We have crafted three different product offerings that will provide our insureds with the comprehensive coverage needed for their industry. Our three product offerings are Consumable Products, Consumer Goods and Component Parts. We have a broad risk appetite within these offerings which are shown below.

    Consumable products – all topical and ingestible products for human use or consumption

    Considered classes:

    • Bakery & confectionary products
    • Beverages
    • Canned goods
    • CBD & hemp products
    • Dairy products
    • Frozen food & ready-to eat-products
    • Fruits & vegetables
    • Meat, poultry, & seafood
    • Nutraceuticals & pharmaceuticals
    • Sauces, dressings, & condiments
    • Snacks, candy, & chocolate
    • Toiletries & cosmetics.

    Consumer goods – all finished non-food products

    Considered classes:

    • After-market products
    • Apparel & accessories
    • Appliances & electronics
    • Cleaning & janitorial supplies
    • Furniture & home furnishings
    • Home improvement products
    • Medical devices & implants
    • Paper goods
    • Sporting goods & hobby products
    • Tools & hardware.


    Component parts – all components for any industry

    Considered classes:

    • Automotive components
    • Aviation/aerospace components
    • General manufacturing & industrial components
    • Medical device components
    • Metal components
    • Plastic & rubber components
    • Textile components.

    Key elements of our products

    • First party reimbursement policy (including third party damages)
    • Non-admitted
    • Claims made policy
    • Worldwide coverage
    • Minimum SIR for a $1M limit – $5,000
    • Minimum premium for a $1M limit – $3,500
    • Limits as low as $100,000 & up to $5M

    Why Beazley Product Recall?

    • Clear and concise policy forms
    • Unique policy elements (i.e. government advisory as defined in the consumable products policy)
    • Efficient claims handling
    • Broad risk appetite
    • No risk too small (subject to underwriting guidelines)
    • Best in class consultants by line of business
    • Experienced and innovative underwriting capabilities

    Product Recall team

    Underwriters

    Florian Beerli

    Focus Group Leader - Product Recall

    Florian Beerli

    +1 860 677 3541

    Angela Ives

    Underwriter - Product Recall

    Angela Ives

    Farmington, CT, USA

    +1 860 677 3542

    Alex Marti

    Underwriter - Product Recall

    Alex Marti

    Farmington, CT, USA

    +1 860 677 3545

    Jae Pak

    Underwriter - Product Recall

    Jae Pak

    Farmington, CT, USA

    +1 (646) 418 9384

    Product Recall forms

    Application forms

    Beazley Product Recall Consumable application
    Beazley Product Recall Express application
    Beazley Product Recall Non-Food application
    Beazley Product Renewal application

    Brochures

    Product Recall brochure

    Wordings / policies

    Consumable Products policy
    Component Parts policy
    Consumer Goods policy
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