Recall shield insurance
BRC Global Standards have partnered with leading UK organisations to develop a product contamination insurance: Recall Shield.
WHAT IS RECALL SHIELD?
Food product recalls are occurring with an even greater frequency and severity, affecting all parts of the supply chain. With the rise in social media’s influence on consumer behaviour and the evolution of regulations, food companies need to be prepared to protect against the risk of reputation and financial damage. Working together, Willis Limited (Willis), Faber Global (Faber), BRC Global Standards and XL Group (XL) have built Recall Shield, a new product designed to meet the contamination insurance and crisis management needs of food and drink companies.
It aims to provide a more comprehensive and competitive risk transfer offering for product contamination in the food and drink industry and is only available through BRC Global Standards and Willis. It is available exclusively to manufacturers that have attained an A or A+ grade against the BRC Global Standard for Food Safety across all of their sites in the UK and Ireland.
The combined expertise behind Recall Shield has been developed by the following organisations:
- Willis Limited, a global insurance broker. Its Food and Drink industry practice specialises in industry risk management and insurance placement.
- XL Group, a global insurer that has been a leading insurer in the UK product recall and contamination market since 2006.
- Faber Global, a division of Willis Limited handling specialist risks including product recall.
Click here to download a flyer about the Recall Shield Product Contamination Insurance. For more information about how product recall cover helps to prevent, prepare and protect your business from the specific risks that you face, click here.
To learn more, please contact Willis or Faber:
Food and Drink Industry Practice Leader
+44 116 265 1012
Executive Director, Contaminated Products
+44 20 7558 9379