3 min read
Recent Wins – Product Recall Division
Recall expenses go beyond removing a product from the shelves and can include lost sales, brand damage, legal fees, regulatory fines, corrective action…
Key Takeaways:
Toy manufacturers are approaching their busiest time of year and will need the right insurance.
Kinsale offers a variety of coverages that toy manufacturers, distributors, and retailers need. Our Products Liability and Product Recall Divisions create solutions tailored to each individual account.
For instance, we received a submission for a manufacturer seeking coverage for products such as toy trucks, dart blasters, and wiffle ball bats.
Our underwriters quickly returned quotes for General Liability, Products Liability, and First-Party and Third-Party Product Recall. The insured has renewed its policy with Kinsale for the last three years.
Recall expenses go beyond removing a product from the shelves and can include lost sales, brand damage, legal fees, regulatory fines, corrective action…
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