Global Product Recall (GPR)

GPR offers Contaminated Product Insurance (CPI) providing coverage for the food and beverage industry, with market lead expertise specifically in the meat and poultry sectors.

We also offer Property Defect Insurance (PDI) for the non-food and auto components sectors, as well as providing capacity for Restaurant Contamination Insurance (RCI).

Coverage is provided through two facilities which are underwritten by specialist product recall and contaminated products personnel at Alwen Hough Johnson Limited. The capacities, detailed below, are generated by security being provided by certain Underwriters at Lloyd’s of London (A+ S&P rated).

The Underwriter, who is supported by two underwriting assistants and claims technicians, will bind business on behalf of the Munich Re syndicate for both facilities, with additional support to be offered by the TMK syndicate in respect of the “food and beverage” arrangement on approval.

The GPR Underwriter started in the Insurance market in 1989, underwriting Marine Cargo risks before becoming a crisis management consultant, providing pre-incident planning reviews and crisis response. Much of his work in this field was focused on matters relating to Product Recall, specifically within the food and beverage sectors. He returned to the market in 2004 to underwrite Product Contamination Insurance, Product Defect Insurance and Restaurant Contamination Insurance. He is a long standing recognised market leader in Product Recall.

Key facts about our cover:

Maximum Limits Offered

USD 10,000,000 food & beverage
USD 5,000,000 non-food & auto

A minimum gross premium of USD 12,500 per contract applies.

Contaminated Products Insurance

Accidental Contamination
Malicious Product Tamper
Product Extortion

First-Party Coverage

Pre-recall expenses
Recall expenses
Incident response costs for retained consultants (24/7)
Recalled or destroyed product value (including packaging)
Increased cost of working
Media communications
Additional crisis consultants
12 months loss of gross income
Rehabilitation expenses, including promotional costs
Government mandated recall (additional coverage available)
Adverse publicity (additional coverage available)

Third-Party Coverage

Third-party recall expenses
Customer loss of gross income (additional coverage available)
Retailers’ expense coverage (additional coverage available)

Policy Attachments

24/7 crisis hotline to assist with incidents
Access to expert crisis consultants providing loss mitigation assistance

Risk Appetite

Food, beverage and nutraceutical manufacturers, processors, contract manufacturers (co-packers)
Consumer goods, non-safety critical auto and other non-industrial equipment
Restaurant Trade