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Allianz Global Corporate & Specialty

Product Recall Insurance At a Glance

Date Published
July 27, 2020
Line of Business

A company can be left in ruins if it does not manage a product recall well. The long-term costs, e.g. loss of a major customer, profits and brand, can be sizeable and will hit the company’s balance sheet. To minimise the costs and mitigate the risks associated with such an incident, companies must proactively assess and manage their product recall risks.

Contacts
Luke Baker
Luke Baker
Regional Head of Liability
Contacts
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