DUAL Group (UK)
DUAL AustraliaProduct Recall
Expertly designed to protect a company's products, brand, and financial strength
Manufacturers, suppliers, and supply chain partners all face high potential costs from the need to withdraw a product from the marketplace. Leaner supply chains coupled with global distribution and the rise of greater consumer protection regulations have all contributed to the frequency and severity of recalls. Meanwhile the ubiquity of sensors and IOT networks means that product failure can be anticipated, and the worst injuries and property damage avoided. A critical step to avoiding these potentially large direct and indirect financial losses is a dependable product recall strategy including insurance coverage designed to both prepare and survive such an event. Product recall is underwritten by DUAL's Crisis Management team.
Multiple balance sheets. One policy. One payment. One solution.
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Worldwide coverage
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24/7 access to DUAL-retained consultant Crisis 24 through Crisis Response Hotline
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Pre-incident consulting services
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Primary and Excess capacity available
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Dedicated claims management
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Access to a diversified, financially sound carrier capacity in a single transaction
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Minimum SIR of $5,000
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Discovery of defect
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Error in design
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Epidemic failure resulting in ordered or voluntary recall due to risk of bodily injury or property damage
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Crisis consultancy costs
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Recall costs
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Replacement costs
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Forensic accounting
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Investigation costs
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Extra expense
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Replacement costs
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Defense costs
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