Casualty

Products Recall

Product recalls pose an expensive hazard for manufacturers, distributors, wholesalers and retailers. Losses can be staggering. When a product is recalled, your client can experience decreases in sales, damage to brand, and the loss of future contracts with suppliers. Preferred Brokerage has extensive knowledge of Product Recall Insurance and has excellent market relationships in order to get your clients a deal done efficiently and effectively.

Coverage

  • Recall costs
  • Cost of replacing the defective products
  • Consultant and advisor costs
  • Loss of gross profit
  • Product extortion costs
  • Defense cost
  • Brand rehabilitation costs
  • 3rd party recall and replacement costs

Target Markets

  • Manufacturers
  • Distributors
  • Wholesalers or Retailers

Product Classes

  • Automotive Products
  • Component Part Manufacturers
  • Cosmetics
  • Electronics/Electrical Goods
  • Children’s Toys
  • Consumer Products
  • Clothing
  • Industrial Materials
  • Food & Beverage – Services, Processing, Distributors

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Contact Us

Robert Lynch
646.218.3271
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