product recall insurance

What is Product Recall Insurance?

Product Recall Insurance is a special form of insurance, typically purchased by manufacturers and distributors to safeguard against the costs associated with withdrawing a defective, dangerous, or contaminated product from the marketplace.  Coverage is underwritten by a handful of insurers who often provide specialized risk control and consulting services as part of their coverage offering. … Read More

cheap business insurance

Understanding Indirect Loss Costs Leads to an Eight-Fold Improvement in Cost Reduction

  Executive Summary:  In this article we focus on understanding indirect loss costs and how they impact a firm’s bottom line.  Indirect loss costs are well established in the Fortune 500 world, but they don’t get much attention in the middle market, which is a shame.  Indirect costs are just as significant (if not more … Read More

cheap business insurance

When Should A Private Company Consider Purchasing D&O Insurance?

I get this question a lot, from prospects, clients, and centers of influence.  I understand that for a lot of private company owners, D&O may seem like a “nice coverage to have”, but since it’s not mandated by anyone or required by law the purchasing decision gets deferred, sometimes indefinitely!   I get it, insurance isn’t … Read More

You cannot copy content of this page