Product contamination insurance for the food and beverage industry
Willis Group Holdings, a global risk adviser, insurance and reinsurance broker, is launching a new product contamination insurance proposition in partnership with XL Group, Willis Limited’s Food and Drink and Faber Global teams, and in association with BRC Global Standards.
Recall Shield has been designed with the BRC Global Standards team to encourage and reward higher standards within the food and beverage industry. It is available to manufacturers that have attained an A or A+ grade against the BRC Global Standard for Food Safety across all of their sites.
Recall Shield includes protection for companies through XL Group’s product contamination insurance offering, which includes ‘Response XL’, a pro-active crisis and risk management service delivered by retained, specialist consultants.
The scheme, via Willis and Faber Global, offers greater protection with enhanced coverage and a number of benefits, including:
- Pre-incident consulting and training workshops from crisis management specialists
- Discounted premiums
- Free BRC training courses
- Free insurance protection audit from the Willis Food and Drink Practice Group
Simon Bridgwater, Willis food and drink industry practice leader, comments, “Improving safety standards in the industry has never been more important, and now businesses that demonstrate a safer environment can also be rewarded with comprehensive insurance coverage and competitive premiums. We hope this will encourage more companies to take protection against these potentially catastrophic events.”