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Contaminated Product & Recall Insurance

Comprehensive, innovative risk solutions and services for product recall exposures.

Why Choose AIG for Contaminated Product or Recall Insurance?

In today’s fast-paced world, products reach customers in less time and in greater volumes than ever before. Mass production, diverse vendors and suppliers, and complex manufacturing processes are commonplace. Product contamination and/or defect can occur anywhere on the supply chain and is a real risk for many organisations.

In the past few years, we have seen a growing public awareness and understanding of product safety issues, as well as changes to regulations in NZ and overseas. As a result, businesses today face more intense scrutiny of their approach to food safety, risk management, and their ability to react swiftly in the event that a product causes harm to consumers. Product contaminations can cost millions in lost profits – not just in recall costs, but also decontamination, manufacturing delays and more. Damage to brand reputation can have a large impact on future earnings for years to come.

AIG can help you understand your potential risk exposure and customise a coverage solution to protect your customers, your supply chain, and your bottom line.

The AIG Advantage

AIG Contaminated Products & Recall InsuranceSolutions

  • Recall costs, replacement costs, extortion costs, rehabilitation expenses, consultant costs, and business interruption
  • In-house claims personnel available 24-hours-a-day, 7-days-a-week, dedicated to crisis management claims and quality service
  • 24-hour emergency response helpline with access to experts from NSF International

Our cover is designed for manufacturers, producers, suppliers and retailers of foods, beverages, cosmetics, or consumer goods.