Russell Bond & Co., Inc.
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Russell Bond & Co., Inc.
Contact Us
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Products Recall Insurance

It takes time, resources, and dedication to build a product and establish a brand name.

Protecting that brand is critical—especially when a product recall can threaten years of hard work. Even a seemingly minor issue can have significant financial and reputational consequences. That's why forward-thinking companies are turning to Products Recall Insurance to mitigate risk and manage crises effectively.

Product Recall Insurance from Russell Bond & Co., Inc.

Russell Bond & Co., Inc., a trusted Managing General Agency, offers specialized Products Recall Insurance solutions designed to help businesses navigate the complex and costly process of a recall. With markets available in most states and options for admitted coverage in select jurisdictions, this program supports agents and brokers seeking to place coverage for manufacturers, distributors, and importers across a variety of industries.

Target Accounts and Ideal Industries

This program is suitable for a wide range of industries where product safety and integrity are critical. Ideal insureds include:

• Consumer goods manufacturers (children’s products, appliances, electronics, apparel)
• Component part suppliers (automotive, medical devices, aerospace, general manufacturing)
• Producers of consumable goods (food, beverages, cosmetics, pharmaceuticals)

If you work with clients who rely on safe, dependable goods to maintain market position and consumer trust, this program is an excellent fit.

Coverage Highlights

The Products Recall program offers comprehensive protection, including:

Base Coverage Includes:
• Defense Costs
• Recall Costs
• Consultant Costs, including:
   o Recall Plan Preparation
   o Recall Procedure Testing
   o Pre-Incident Training

Three Policy Types to Fit Specific Risk Profiles

Russell Bond offers three distinct policy forms depending on the insured’s industry and exposure:

Consumer Goods
• Covers product defects that may result in bodily injury (BI) or physical damage (PD). Targeted toward finished goods like toys, appliances, furniture, and electronics. Component Parts
• Designed for parts used in manufacturing, medical, automotive, and aviation sectors. Covers risks like imminent danger of BI/PD, impaired property, or actual BI/PD from product use. Consumable Products
• Protects against accidental contamination and malicious tampering in products such as food, beverages, cosmetics, and pharmaceuticals.

Post-incident services are also included, such as public relations support, regulatory consultation, and forensic investigation into the root cause of the incident. These services help insureds recover quickly and maintain consumer confidence.

Don’t Let One Incident Tarnish What Took Years to Build

A Products Recall Insurance policy from Russell Bond & Co., Inc. equips your clients with the tools to respond quickly and effectively to product crises. This coverage reinforces their commitment to product safety and brand integrity—key elements for long-term success.

Territories and Availability

This program is available in most U.S. states, including but not limited to NY, CA, TX, FL, IL, and NJ. Admitted options are available in select states. Check with Russell Bond for specific state eligibility and underwriting requirements.

Why Partner with Russell Bond & Co., Inc.?

As a Managing General Agency with deep product knowledge and market access, Russell Bond & Co., Inc. provides independent agents and brokers with tailored solutions and responsive service. Their expertise in specialty lines like Products Recall Insurance ensures that you can confidently place even complex accounts with unique exposures.

Frequently Asked Questions

What types of accounts are a good fit for this program?

This program is ideal for manufacturers, distributors, or importers of consumer goods, component parts, or consumable products that face risks associated with product recalls.

What kinds of incidents are covered under these policies?

Depending on the policy type, coverage may include bodily injury, physical damage, accidental contamination, malicious tampering, and regulatory recall events.

Are post-recall services like public relations included?

Yes, the policy provides post-incident support such as public relations services, regulatory assistance, and forensic analysis to help manage and recover from a recall event.

Is coverage available in my state?

The program is available in most U.S. states, with admitted options in select areas. Contact Russell Bond & Co., Inc. for state-specific availability.

How can I get a quote or submit a risk?

Reach out to Russell Bond's team for submission details. They offer responsive service and underwriting expertise to help you place qualified risks efficiently.

Need help placing an account? Connect with a market specialist.

U.S. States Available

  • U.S. States Available:
  • Provider Type:
    Managing General Agency
  • Admitted:
    Some Available States
  • Carriers:
  • Carrier Ratings:
    A.M. Best Rating
  • Commission:
    -
  • Min Premium:
    -

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LOCATION

295 Main Street , Suite 866
Buffalo, NY 14203
800-333-7226
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Russell Bond & Co., Inc. has other insurance programs like Employment Practices Liability Insurance.