Overview of the Program from Worldwide Facilities
This Product Recall program is aimed at agents and brokers placing accounts exposed to loss from contaminated, tampered, adulterated or otherwise unsafe products. Coverage can respond to first-party recall costs (withdrawal, destruction, replacement), product refusal, adverse publicity, product extortion and related third-party recall liability. Worldwide Facilities underwriters work with multiple carriers to tailor limits, sublimits and endorsements to each client’s needs.
Ideal Accounts and Appetite
- Food and beverage manufacturers, processors and distributors (bakery goods, meat/seafood/poultry, growers)
- Pharmaceuticals, medical devices and dietary supplements
- Consumer goods, toys, safety products and non-food manufacturers
- Component parts manufacturers and distributors serving the automotive and industrial sectors
Accounts with documented quality control programs, traceability, written recall response plans and reasonable sales volumes are especially well suited. Placement can accommodate single-plant risks up to multi-plant operations depending on exposures and available markets.
Coverage Highlights and Advantages
- First-party recall cost coverage, including removal, disposal and product replacement
- Product refusal and government-ordered recall response
- Third-party recall liability for claims arising from recalled product
- Options for accidental contamination, malicious tampering, product extortion and adverse publicity/crisis response
- Sublimits available for forensic accounting and crisis management expenses
- Ability to add specialized endorsements and enhancements to match client needs
Underwriting Notes and Minimum Premiums
Underwriters review product type, annual revenue, production processes, supply-chain complexity, quality control measures and any prior recall history. Submissions that include a written recall response plan or HACCP/GMP documentation typically receive more competitive terms. Minimum premiums and specific terms vary by carrier and state—please submit full risk information for a prompt indication.
Territories and Availability
Admitted status: Most Available States. Program placement is available in the following territories:
AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY
Why Work With Worldwide Facilities on Product Recall
- Dedicated recall underwriting expertise and access to multiple carrier markets for flexible solutions
- Deep knowledge of higher-risk product classes including food, pharmaceuticals and consumer goods
- Responsive quoting and endorsement placement to support emergency or time-sensitive exposures
- Direct contacts for claims response and forensic cost sublimits to help clients resume business quickly
Contact
Lori Hunter
Executive Vice President
(231) 236-4585
[email protected]
David Fiske
Senior Vice President
(312) 465-5305
[email protected]
Target Coverages
- Auto industry component parts
- Bakery goods
- Component parts manufacturers
- Distributors
- End use products / consumer goods
- Food-related businesses
- Furniture & fixtures
- Growers
- Manufacturers
- Meat, seafood & poultry
- Medical products
- Non-food manufacturers
- Pharmaceuticals
- Processors
- Safety products
- Toys & games
- Vitamins / supplements
Coverage Options
- Intentionally impaired ingredients
- Product refusal coverage
- Sublimits for forensic accounting costs
- Third-party liability
- Accidental contamination
- Malicious product tampering
- Product extortion
- Government recall
- Adverse publicity
- Other specialized enhancements to fit your clients’ needs
Frequently Asked Questions
What types of accounts are a good fit for this Product Recall program?
Food and beverage producers, processors, manufacturers of consumer goods, medical devices, pharmaceuticals, component parts manufacturers and distributors are all within the program’s appetite—especially when the insured has documented quality control, traceability and an established recall response plan.
What coverages can I expect to place through Worldwide Facilities?
Typical placements include first-party recall costs (withdrawal, destruction, replacement), product refusal, adverse publicity/crisis response, product extortion, accidental contamination and third-party recall liability. Forensic accounting and crisis management sublimits are available as needed.
What information does underwriting need to provide a quote?
Underwriters typically request product descriptions, annual revenues by product line, production and distribution channels, quality control or HACCP/GMP procedures, recent loss/recall history and any existing recall response plan. A complete submission speeds the quoting process and improves accuracy.
How quickly can coverage be quoted or bound?
Turnaround depends on the complexity of the risk and carrier requirements. Simple risks with complete submissions can receive indications in days; more complex or high-limit accounts may take longer. Worldwide Facilities can help prioritize submissions for expedited review when an urgent exposure exists.
Need help placing an account? Connect with a market specialist.