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Recall expenses go beyond removing a product from the shelves and can include lost sales, brand damage, legal fees, regulatory fines, corrective action costs, and more. For manufacturers and importers of consumable, commercial, and consumer goods, Product Recall coverage isn’t a luxury—it’s essential to a comprehensive protection strategy.
Kinsale’s Product Recall Division specializes in crafting recall policies that meet the unique needs of each account and delivering peace of mind to you and your accounts.
See how we’ve helped some recent accounts below.
The Right Limits |
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Risk Type: Manufacturer, importer, & distributor of durable medical supplies |
Challenge: Finding the right limits |
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Limits: $5M |
Premium: $13,367 |
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Summary: A New England manufacturer, importer, and distributor of durable medical supplies struggled to find the right limits for its operation until the company’s broker came to Kinsale. We delivered a quote in less than 24 hours and provided the $5M capacity needed to keep the supply chain moving. |
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A Kinsale Triple Play |
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Risk Type: Beef Processor |
Challenge: Start-up with no history |
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Limits: $1M + $2M GL + $2M Excess |
Premium: $10,000 |
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Summary: A start-up beef processor couldn’t find a single carrier to provide the multiple coverages it needed. Kinsale’s Product Recall Division delivered a quote in less than 2 hours. Meanwhile our Agribusiness Casualty Division provided $1M/2M of General Liability and our Excess Casualty Division added $1M/2M of coverage. |
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Higher Limits + Small Property |
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Risk Type: Green grower & distributor |
Challenge: Needed higher limits |
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Limits: $1M Recall + $2.5M Prop |
Premium: $7,136 + $30,000 |
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Summary: A grower and distributor of fresh leafy greens had a General Liability policy with a $200,000 recall sublimit. They wanted something better: a standalone policy with higher limits. Kinsale came through. In fact, after receiving $1M limits from our Product Recall Division, the broker met with our Small Property team to get $2.5M in TIV to cover the business’s greenhouse and other personal property. |
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Large Losses → Big Wins |
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Risk Type: Vegetable processor |
Challenge: Large losses |
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Limits: $5M Excess |
Premium: $33,082 |
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Summary: A $2M loss left a California vegetable processor in a pickle and finding the right coverage was difficult. Although the processor had some primary coverage, it knew firsthand the importance of having adequate insurance. The company’s broker turned to our Product Recall Division for excess coverage. Seeing improved testing and safety measures in place, our underwriter delivered $5M in excess. |
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