Product Contamination losses can come from many unexpected directions and create a meaningful strain on the balance sheet of any company. They often give companies a daunting taste of reality from a financial, regulatory and reputational perspective. That is why it is important to understand this risk, how to navigate an incident, how to maximize recovery and ways to mitigate losses or prepare for an event.
Join Gallagher's Product Recall experts and their client, Mark Whittington of Rose Acre Farms, to discuss real life Product Contamination loss scenarios.
During this webinar, we will also discuss how a well-designed Insurance program can protect your company and review the benefits of incident preparedness and crisis consulting partnerships.
Key benefits of viewing:
- Receive knowledge of the risk and the various exposures associated with a product contamination incident
- Increase understanding of how the recall risk applies differently for all food and agricultural related businesses (even those with commonality of products)
- Learn how Product Recall/Contamination and GL policies respond and work together during an incident
- Gain insight on Crisis Consulting relationships and how they assist in mitigating the shock and loss arising from a recall-related crisis
Webinar Length: 60 minutes
The information contained herein is offered as insurance Industry guidance and provided as an overview of current market risks and available coverages and is intended for discussion purposes only. This publication is not intended to offer legal advice or client-specific risk management advice. Any description of insurance coverages is not meant to interpret specific coverages that your company may already have in place or that may be generally available. General insurance descriptions contained herein do not include complete Insurance policy definitions, terms, and/or conditions, and should not be relied on for coverage interpretation. Actual insurance policies must always be consulted for full coverage details and analysis.