Worldwide Excess Casualty: Product Recall
Argo Insurance targets food & beverage companies. Our limit and attachment deployment will be commensurate with the size of the insured and the industry sub segment (e.g., meat processing will require a minimum attachment point of $25 million).
Basis of coverage
The product recall policy is triggered by accidental contamination or malicious product tampering. Coverage reimburses the insured for losses arising from the insured’s recall expenses, third party recall expenses, loss of gross profit and product rehabilitation.
Up to $25 million
Appetite & Availability
Food and beverage manufacturers
Bermuda and non-U.S. domiciled brokers
Argo Re recall policy form