Manufacturing – Product Recall & Expense Mitigation
ecently, there seems to be media coverage of a product Recalll every month.
Could your company survive a product Recalll?
Could you recover from the financial loss and the damage to your reputation?
Not only must problematic products be retrieved and disposed of, but swift action must be taken, with professional guidance, to minimize the longer term reputational damage to the parent organization. There are specialized policies to facilitate this process and to defray the potentially crippling extra expenses that result.
At FCA, we specialize in arranging the enhanced coverages needed by businesses such as consumer goods and food manufacturers or processors, who are particularly vulnerable to this type of risk.