• 31
  • Oct2018

What is 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. The

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  • 23
  • Oct2018

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

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 so)

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  • 05
  • Oct2018

When Should A Private Company Consider Purchasing D&O 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 a

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