Product Recall

Argo Insurance targets food and beverage companies. Our limit and attachment deployment will be commensurate with the size of the insured and the industry subsegment (e.g., meat processing will require a minimum attachment point of $25 million).

    Table of Contents

  1. Highlights
  2. Limits
  3. Appetite
  4. Info

Coverage Highlights

Basis of coverage:

  • Occurrence reported
  • Claims made
  • Follow form

 

Coverage available:

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.

Coverage Limits

Up to $25 million

Appetite & Availability

Targeted classes:

Food and beverage manufacturers

 

Geographic availability:

Worldwide

Additional Information

Distribution:

Bermuda and non-U.S. domiciled brokers

 

Contact

Nigel Mortimer

President, Argo Insurance

441-278-3737

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