Article / Risk Management
Lockton’s Debbie Day on the Cost of Product Recalls

Debbie Day was quoted in the UK’s Mail on Sunday, warning that the cost of product recalls is soaring as retailers ruthlessly punish the offending suppliers and news of goods gone bad spreads like wildfire across social media.

More and more suppliers are taking out insurance to cover the cost of product recalls. “Supply chains are increasing in complexity and risk in the search for lower prices. There is also huge pressure on retailers in the UK,” said Debbie. 

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