Eximia Broking
Product Recall Insurance Brokers
Experts in Product Recall Insurance Since 1953
If you need to recall your products from the market, the process can be incredibly expensive. After all, not only do you face the physical expense of withdrawing these items from the market, but you also face knock-on effects to your brand. Thankfully, our experienced brokers can help arrange product recall insurance in the UK that safeguards you against these costs.
What is Product Recall Insurance?
Product recall insurance covers you against the costs associated with a product recall event. The policy covers the fallout of the event, regardless of whether it’s triggered by a manufacturing error, a product safety issue, or other scenarios such as animal by-product or allergen mislabelling.
When you buy product recall insurance in the UK, you’re protected against a range of factors and costs, such as premises and product rectification costs, loss of future sales, brand and reputation protection, and direct costs associated with the recall.
Plus, as well as covering the recall itself, product recall insurance in the UK usually also covers both pre-incident consultancy to minimise the risk of a product recall event occurring and post-loss crisis containment to mitigate the aftermath and reputational harm.
Of course, each business is faced with different risks. For example, your products may become contaminated, mislabelled or simply faulty. For this reason, it’s important to work with a skilled product recall insurance broker. Here at Eximia, we have more than 70 years of experience in the industry. As a result, we understand the importance of designing a bespoke policy that fits the needs of your business.
Product Recall Insurance Brokers that Work for You
At Eximia, we’re big enough to compete and agile enough to care. We will always work in your best interests and will work tirelessly to keep your company safe.
So, why not put your business in our hands? After all, we’ve been brokering product recall insurance for businesses like yours since 1953.