Product recall events are at an all-time high both in terms of frequency and in terms of spiraling costs.
The financial impact of such events can have a severe impact both on the balance sheet as well as a brand’s reputation. In a constantly changing technological and increasing stringent regulatory environment coupled with increasing customer pressures via social media the need for comprehensive recall protection has never been greater.JLT’s Products Recall offering provides market leading wording, programme design and placement capabilities to clients globally, across a broad range of industry sectors. We have access to a variety of specialist insurers, with broad, sector specific wordings. Our bespoke responsive solutions ensure that the cover dovetails to unique customer exposures at competitive premium levels.
Recall & Contaminated Products Insurance:
JLT provide insurance products to address the growing need for risk transfer options and aligned crisis management consultancy.
Why our clients value us:
We have a ‘client first’ ethos and focus on those industry sectors where we understand the prevailing environment and can tailor solutions to match the exposure, contract and financial needs of our clients.
JLT are committed to create innovative recall solutions for our clients to ensure that the cover remains relevant in an ever more complex and uncertain risk environment.
Our Sector Specialisms include:
- Food and Agriculture
- Chemical and pharmaceutical
What we do
A team of highly experienced brokers and specialists providing insurance and reinsurance solutions.
We support our clients pre, during, and post a loss event to ensure responsive fit for purpose coverage and to promote smooth process and ensure the best outcome of an event for our clients.
Why work with us:
- Market insight – with access to Nordic and international markets we can leverage our relationships and knowledge to our clients advantage and access the most relevant capacity for our clients
- Technical excellence - we are skilled at crafting bespoke policy forms to dovetail with our clients risk exposures
- Programme design expertise – we work closely with our clients to ensure that the programme design meets risk financing objectives
- Crisis management – our offering includes comprehensive pre and post loss risk and crisis management support from specialist third party provide
For further information, please contact: